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Chinese investors buy stake in mapping firm HERE | Reuters

Two Chinese companies and Singapore’s sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany’s leading carmakers to help them develop self-driving cars. Chinese digital mapping company NavInfo (002405.SZ), internet group Tencent (0700.HK) and the Singapore fund will invest in mapping company HERE under a […]

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Don’t let Uber and Amazon take over the world: column

Spread your wealth, even if you love a service. It will be better for you in the long run. Source: Don’t let Uber and Amazon take over the world: column

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On-demand pivot: Startups look past consumers, toward businesses

The on-demand economy ushered in an era of instant gratification for consumers, who can order meals, massages, fix-it folks, rides and all manner of goods and services with a tap of their smartphones from a bevy of “Uber for X” companies. Many on-demand companies realized that the big bucks lie not in serving consumers but […]

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Alibaba Group Holdings’ (NYSE:BABA) On-Demand Services Unit Is Close To Securing $1.2 Billion Of Funding For Expansion – Seneca Globe

Silver Lake, the largest technology-focused private equity firm, was an early investor in Alibaba but typically eschews early-stage backing for Chinese startups. On-demand local services have attracted major spending in past years and have become a costly battleground for Chinese internet companies from Alibaba to Tencent Holdings Ltd., as more people turn to the web […]

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Uber dispatches driverless cars to Arizona

Governor Doug Ducey welcomed Uber self-driving cars “with open arms and wide open roads.” Source: Uber dispatches driverless cars to Arizona

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Automakers Prepare for an America That’s Over the Whole Car Thing – The New York Times

Mobility services — ride hailing and other means of ferrying people to public transportation — look to be a lucrative and increasingly important sideline for carmakers. Source: Automakers Prepare for an America That’s Over the Whole Car Thing – The New York Times

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Why the On-Demand Economy Doesn’t Make the Thematic Cut – Tematica Research

We keep hearing that thematic investing is gaining significant popularity in investing circles, especially when it comes to Exchange Traded Funds (ETFs). For more than a decade, we’ve viewed the markets and economy through a thematic lens and have developed more than a dozen of our own investing themes that focus on several evolving landscapes. […]

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Forget the Gig Economy — Most of us are still slaves to bureaucracy – Medium

Writing for Harvard Business Review in 1988, the renowned Peter Drucker predicted that in twenty years the average organization would have slashed the number of management layers by half and shrunk its managerial ranks by two-thirds. Yet despite the recent emergence of the “gig economy” and the “sharing economy,” there’s no evidence that bureaucracy is […]

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Veryfier Blog | Unemployment Vs. Underemployment: A Look Into the Numbers

Unemployment is a problem. We all know that. But it’s not the only issue. It’s likely not even the main issue. There are plenty of people working full-time jobs who are failing to make ends meet. Furthermore, since The Great Recession, we’ve seen a trend in overqualified people accepting jobs purely based on availability, not […]

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Snapdeal’s Cash@Home service will now deliver cash at your doorstep, Marketing & Advertisement News, ET BrandEquity

Snapdeal will be using the cash that it receives through Cash on Delivery (CoD) to operate this facility Source: Snapdeal’s Cash@Home service will now deliver cash at your doorstep, Marketing & Advertisement News, ET BrandEquity