Uber, the technology company which has been expanding from its cab-hailing service to offer food deliveries, courier services and e-shopping fulfilment, is set to engage in a new round of funding which could take its valuation up to $50 billion.
Read MoreMumbai-based on-demand grocery delivery company Grofers has raised US$35 million in its latest funding round.
Read MoreThe Parcel Monkey Group, the UK e-commerce service business, has secured significant new funding arranged by private equity boutique Frost Brooks.
Read MoreFunding for Innovation and new technology projects has always been an issue for large companies as budgets are put under pressure and the drive to continually reduce costs is maintained.
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