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☆ Tesla is acting like a meme stock right now, says billionaire 'Bond King' Bill Gross
▼ + stars: | 2024-07-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Tesla is acting like a meme stock right now, according to legendary bond investor Bill Gross. AdvertisementTesla is acting like a meme stock right now, according to legendary bond manager Bill Gross. In a post to X on Tuesday, Gross said of the electric vehicle company:Tesla acting like a meme stock — sagging fundamentals, straight up price action. But then there seems to be a new meme stock every other day now. — Bill Gross (@real_bill_gross) July 9, 2024The comments from Gross come amid an ongoing surge in Tesla stock.

Persons: Tesla, Bill Gross, Gross, —, Zapp, — Bill Gross, Keith Gill Organizations: Service, GameStop, Chewy

☆ Getir emerged as a tentative winner in Europe's pandemic-fueled rapid-delivery sector. But it still faces sizable threats.
▼ + stars: | 2023-09-18 | by ( Riddhi Kanetkar | Callum Burroughs | ) www.businessinsider.com time to read: +8 min

In March 2022, Nazım Salur invited thousands of Getir employees to a Zoom meeting to celebrate its newfound "decacorn" status. However, as soaring inflation and rising interest rates began to hobble the tech sector, investors became far less forgiving of businesses that had oriented themselves more toward growth than sustainability. In December 2021, The Guardian reported that Getir had offered customers a deal where they could get £15 off if they spent £16. About 21 rapid-delivery startups were operating across Europe in 2021, with Getir joined by the German outfits Gorillas and Flink, as well as the British startup Zapp. Getir tentatively emerged as the winner in the rapid-delivery sector when it bought its main competitor, Gorillas , in a heavily discounted deal for $1.2 billion in December.

Persons: Nazım Salur, Nazım, Getir, Blok, London's, Alexi Rosenfeld, they've, Adam Neumann, Michael Moritz Organizations: Tiger Global, Mubadala, Financial Times, Getir, TechCrunch, Guardian, DST Global, Gorillas, Abu Dhabi Growth Fund, Google, PayPal Locations: Spanish, Berlin, Turkey, Turkish, Germany, Netherlands, Istanbul, Turkey's, Europe, British, Abu Dhabi

If you're eager to see what Bender, Fry, Leela, Dr. Zoidberg, and the rest of the Planet Express crew have been up to, we'll show you how to watch Futurama Season 11. Viewers in other countries like the UK can watch Futurama Season 11 via Disney Plus. How to watch Futurama Season 11 in the USFuturama streams exclusively on Hulu in the United States. How to watch Futurama Season 11 in the UKDisney Plus in the UK will offer Futurama Season 11 episodes in lockstep with the US. How to watch Futurama Season 11 in Australia, and moreIn addition to the US and UK, Disney Plus is available in more than 60 countries, including Australia, Canada, South Africa, Israel, France, United Arab Emirates, Saudi Arabia, the Netherlands, and Italy.

Persons: Matt Groening's, —, Bender, Fry, Leela, Zoidberg, nix, Hulu, You'll, Zapp Organizations: Planet Express, Hulu, Disney, Disney Plus, ESPN, US Locations: United States, lockstep, Australia, Canada, South Africa, Israel, France, United Arab Emirates, Saudi Arabia, Netherlands, Italy

☆ Project Wild Earth: This family of four has just embarked on a 5-year adventure around the world
▼ + stars: | 2023-07-21 | by ( Kate Springer | ) edition.cnn.com time to read: +11 min

They instantly connected and maintained a long-distance relationship for a year after his road trip ended before moving to Hong Kong to start a life together. During the project, dubbed “Project Wild Earth,” they will also share stories on their website and social media accounts about inspiring rangers, support organizations, government officials and entrepreneurs they work or come in contact with. Leah, an American, worked as a primary school teacher and helped establish a Sudbury school in Hong Kong that empowers children to direct their own education. The Priors found themselves stuck in Hong Kong, which had some of the strictest pandemic restrictions in the world due to its “zero-Covid” approach. “When these things unfolded in Hong Kong, we had to reconsider everything.

Persons: we’re, Matt, Leah Prior, Leah, Zapp, Graham, Paige, “ Leah, ” Matt, ”, “, AdventureX, Jack, Matt couldn’t, “ Jack, Sai Kung, “ It’s, Dr, Jane Goodall, Tompkins, Allen, –, Reinhard Dirscherl, Charlotte, they’ll Organizations: CNN, The Explorers Club, Sumy Sadurni, Getty, Allen Coral Atlas, Jane, Jane Goodall Institute and, Bank Locations: Charlotte, Laos, London, South Korea, Hong Kong, Europe, Central Asia, China, Southeast Asia, Asia, Pacific, Africa, Americas, American, Sudbury, British, Indonesia, Hong, New Territories, AFP, Patagonia, agroforestry

☆ The rapid grocery app bubble, inflated by the pandemic, is nearing its endgame
▼ + stars: | 2023-04-21 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Grocery apps exploded during the pandemic and attained wild, multibillion-dollar valuations. European market leader Getir and smaller rival Flink are both set for big valuation haircuts. That's against a backdrop of grocery startups quitting markets, being acquired, delaying IPO, and going bankrupt. Grocery startups took massive hits as they chased usersWhat happened? Consolidation has come quickly, as smaller startups run into the realities of a low-margin model and find they can't keep up the requisite spend to chase consumers.

He's helped design the apps for a host of successful startups, including Gorillas and Arive. He then helped build Zapp, an app for delivery services in the UK, before designing the layout for Gorillas' app. He has since started his own business, Blossom, a design studio for apps, while he's also a designer-in-residence at the Swedish venture-capital firm Creandum, advising startups in the firm's portfolio on app design and recruitment. The company already had a functioning app, but Haas said the company tasked him with "cleaning up" the design. That's why the team also conducted interviews with the brands that sell their items via Arive's app, Haas said.

☆ Southeast Asian venture capital firms expect to be pickier in 2023 than in 2022
▼ + stars: | 2022-12-20 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

Venture capital-backed companies only raised $369 billion for the first three quarters of 2022, according to Crunchbase data. Malte Mueller | Fstop | Getty ImagesVenture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging and economic headwinds slowing growth in 2022. Sequoia Southeast Asia raised a $850 million fund in June, East Ventures raised $550 million in July, and Insignia Ventures Partners raised $516 million in August. Indonesia-based e-grocery company HappyFresh ceased operations in Malaysia after seven years, while Grab discontinued its quick commerce service GrabMart Kilat in Indonesia. "The 15-minute model of quick commerce in Southeast Asia is very difficult because the unit economics are very negative.

☆ The founder of $2.8 billion Getir explains why investors hope to find the next Uber among 10-minute grocery apps
▼ + stars: | 2021-05-01 | by ( Shona Ghosh | ) www.businessinsider.com time to read: +10 min

Turkey's Getir recently hit an eye-watering $2.8 billion valuation for its grocery delivery service. The hot new consumer trend for venture capital investors is grocery apps that promise deliveries in as little as 10 minutes. Turkish grocery delivery app Getir bills itself as the original gangster. The amounts of cash flooding into the sector and the accompanying valuations are puzzling, given that grocery delivery is famously low margin. Insider: Running a grocery business is quite different to ride hailing.

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