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Amazon posts surprisingly strong 2Q 2023 earnings, following a package of cost-cutting measures
Amazon reports a surge in top + bottom lines: E-commerce giant Amazon recorded a 433% y-o-y rise in net income…
Food delivery company Delivery Hero fully acquires its Saudi subsidiary HungerStation
The acquisition will see Delivery Hero boost Hunger Station’s operations through knowledge sharing and tech integration
Shipyards booked out for the next few years + retailers are embracing BOPIS as shoppers lean towards store pick-ups
No newbuild ship deliveries until next year? Prompt newbuild delivery slots are becoming harder to come by as shipyards experience…
Smart containers to grow sixfold by 2028 + retailers raise the bar for zero-fee shipping amid rising costs, inflation
The world’s smart container fleet is forecast to grow sixfold over the next five years and account for 30% of…
UAE’s Royal Jet eyes acquisition of business in Malaysia airport. PLUS: News from Emirates Post, Jordan, and GWC
AVIATION- Royal Jet eyes Malaysia expansion with potential acquisition: UAE-based airline Royal Jet has inked a conditional Heads of Agreement…
Moroccan B2B e-commerce startup Chari raises USD 1.5 mn in pre-series A round led by VKAV
The startup aims to expand its market share and add new revenue streams, like embedded fintech
Amazon rolls out electric vans in Europe + AI solution for vessels shows promising results
Amazon is rolling out its Rivian electric vans in Europe over the next few years,according to a pressrelease. The company…
Tehran steps up electrification of transport fleet with 200k e-bikes by March of next year
Iran will also set up some 5k slow + fast charging EV stations
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