Sunday, January 30, 2022

A look at the fight between six rapid grocery delivery startups in NYC, which raised $5.5B+ since 2020; sources: some are averaging a loss of $20+ per order (Wall Street Journal)

Wall Street Journal:
A look at the fight between six rapid grocery delivery startups in NYC, which raised $5.5B+ since 2020; sources: some are averaging a loss of $20+ per order  —  Jokr, Getir and Buyk are piling on freebies to build up a customer base in New York City  —  Since Hayoung Park moved to Manhattan last year …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...