In news that could boost the morale, if not near-term fortunes, of the ride-hailing industry, a small Estonian firm called Bolt said Tuesday it raised 100 million euros from London-based Naya Capital Management. The round valued Bolt on paper at $1.85 billion, up from about $1 billion two years ago. The funding came after Bolt (previously known as Taxify) tried to borrow money from the Estonian...
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Can Livestream Shopping Cure the Holiday Gifting Blues?
Hi, welcome to the Weekend.It might seem against the holiday spirit to say so, but does anyone really love gift-shopping these days? Even pre-pandemic, it was a stress-inducing affair, loaded with decision fatigue, toy-of-the-year FOMO and ghosts of bad presents past.Into this consumerist minefield has stumbled a strange new entrant: livestream shopping. In this week’s issue, writer Janet...
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