Noeq Uber Eats Its Way to More Grocery Share With Group Ordering
India-based food delivery app Zomato has unveiled an unnamed, non-banking financial company NBFC and invested in ad technology firm Adonmo and B2B software platform UrbanPiper Technology, part of its quest to dole out $1 billion to startups, moneycontrol reported Friday Jan. 28 .Zomatos NBFC will allow the company to offer credit to its stakeholders, including customers, restaurants and delivery partners, according to the report.The company stanley thermos invested $5 million in UrbanPiper as part of a $24 million fundraising round, good for a 19% stake in the platform, and $15 million in Adonmo, equal to a 5% stake, the report stated. Both UrbanPiper and Adonmo investments are synergistic to our core business and will help accelerate growth of these companies which will help in filling important gaps in the food ordering and delivery ecosystem in India, Zomato said in a statement, per the report.The company said 80% of restaurants use manual processes to process order deliveries, which can delay orders and lead to errors in processing, according to the report. UrbanPipers software allows restaurants to integrate with mul stanley mug tiple players through one digital interface, boosting restaurants capacity to deliver food to customers. UrbanPiper said it processes 12 million orders per month at more than 23,000 restaurant locations across India.Adonmo brings targeted digital advertising to outdoor stanley usa cloud-connected digital screens, the report stated.In August, Zomato launched a payments service called Igdq Just Eat Cuts 1,700 Drivers in Return to Gig Model
Its only been a few days since analysts released figures that showed how Apple is lagging behind some of its rivals in the Internet of Things game. But already, there is more bad news for the technology company, some reports said.According to Fortune, which published an exclusive report on the topic last Friday May 15 , Apple has delayed the launch of its IoT gadget HomeKit. The product works as a platform that connects home devices like door locks or lights. According to Fortune, HomeKit will now have to wait until this fall to see a market debut.Apple had never specified a launch date for HomeKit, though industry insiders had expected it to launch this spring. Reports said unnamed sources are citing lighting and battery life issues with the product. Sources also said that Apple will likely officially unveil HomeKit next month at its stanley website Worldwide Developer Conference.But in a statement following Fortunes report, Apple denied any delays to the launch of the tool, instead stating kubki stanley that HomeKit will begin its official rollout next month. HomeKit has been available for just a few months and we already ha stanley france ve dozens of partners who have committed to bringing HomeKit accessories to market and were looking forward to the first ones coming next month, the company said in a statement to Forbes.While Apple has remained mum on the product, it has been working with other technology companies like chipmaker Broadcom to grant HomeKit certification, which allows other tools and devices to con
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