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Cyber Security
VPN maker Nord Security nets $100mn in funding led by Warburg Pincus
...The latest funding adds to Nord’s first external round last year when it netted $100mn from investors led by Novator, which has backed food delivery company Deliveroo and online car seller Cazoo....
September 28, 2023
Automobiles
European ports turned into ‘car parks’ as vehicle imports pile up
...“Any new brand will be facing this issue, if you don’t have scale, if you don’t have regular deliveries, then you are not the [trucking groups’] largest clients,” they added....
April 9, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
Apollo Global Management LLC
Apollo calls off Yellow bankruptcy manoeuvres with $500mn loan sale
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
August 15, 2023
Reddit Inc
Reddit chooses New York Stock Exchange for long-stalled IPO
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
February 2, 2024
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...Selling to consumers online, Ola Electric has suffered customer complaints about delayed deliveries and problems with its aftersales service....
January 17, 2024
News in-depthWar in Ukraine
Odesa struggles back to life after lifting of Russia’s port blockade
...However, the owner of one trucking company said he had already rerouted some vehicles from overland routes to Poland in the expectation that farmers would start booking deliveries to the port....
August 18, 2022
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
VinFast LLC
VinFast loses more than $1.4bn despite rising revenues
...He said there is a “strong momentum in our business, supported by growing delivery volumes, increased revenues, and an improved path to profitability”....
October 5, 2023
VinFast LLC
VinFast says most of its electric vehicles have been sold to a related party
...Deliveries in Europe were expected to begin in the second half of 2023, it said....
September 13, 2023
FT MagazinePink Snow 2023: a winter sports special
Pink Snow: news from the slopes
...Membership of the programme costs $50, and rental of skis and boots costs $50 per day, with free delivery within the resort....
October 12, 2023
Estonia
Estonian PM Kallas urged to clarify husband’s Russian business ties
...Stark Logistics said all of its business was lawful and in accordance with sanctions and did not benefit Russia in any way. It intends to carry out the last delivery to Russia next month....
August 24, 2023
Dangote Group
Africa’s richest man under pressure as giant refinery nears production
...To build the massive project on 2,500 hectares of swampland outside Lagos, Dangote had to construct his own port and road to take delivery of heavy equipment, establish his own trucking company to move it...
November 25, 2023
LexEnergy sector
Fusion: start-up shares are easier to create than limitless energy Premium content
...It only needs to perfect its energy delivery system — based on a cheaper stamp-sized projectile — to achieve ignition. Amid the buzz, investors are rushing to position themselves....
August 7, 2023
News in-depthWar in Ukraine
The decoy weapons leading Russian forces astray in Ukraine
...the country actually had before the delivery of western arms....
September 22, 2023
News in-depthUS equities
Nasdaq and NYSE fight closest listings contest in five years
...Those included delivery app DoorDash, whose 2020 $3.4bn IPO was NYSE’s second-largest that year. DoorDash did not give a reason beyond looking forward to joining a community of tech companies....
September 19, 2023
Inside BusinessRichard Waters
Google vs the DoJ is a test case for reining in Big Tech
...Amazon has long faced protests that it effectively forces these sellers to pay for extra services, such as its Fulfilment by Amazon storage and delivery, to ensure their products are given prominent placement...
August 17, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
LexCathie Wood
Tech funds: Cathie Wood can’t fight the Fed
...More than a third of the fund is invested in five stocks, including Tesla, Zoom Video Communications and crypto platform Coinbase....
May 25, 2023
Rail
Rail freight takes the load amid problems on Britain’s roads
...shortages and the environmental impact of trucking....
June 7, 2023
UnhedgedRobert Armstrong
Techs good, transports bad Premium content
...Here is Shelley Simpson, president of the trucking company JB Hunt, commenting on a 7 per cent year over year decline in revenue in the first quarter: We’re in a challenging freight environment where there...
April 28, 2023
News in-depthVinFast LLC
The carmaker from Vietnam looking to take on Tesla
...He added: “The VinFast VF 8 had successfully passed [US Federal] mandatory safety tests in December 2022, three months before our official deliveries....
July 5, 2023
Electric vehicles
VinFast delivers EVs to US drivers in first for Vietnamese maker
...“It’s extremely gratifying in fulfilling our delivery promise and to witness the excitement our customers have,” VinFast deputy CEO Gareth Dunsmore said of the handover in Los Angeles....
March 5, 2023
US inflation
Investors must focus on margins in era of high rates, says Warburg Pincus boss
...When the $4 taco costs $8 with delivery, that’s different,” he said. Pricing power may vary depending on the situation....
May 15, 2023
Due Diligence
Private equity leans into the SVB wreckage Premium content
...Job moves Adam DeWitt is stepping down as chief executive of the food delivery group Grubhub....
March 15, 2023
Britain after Brexit
UK’s move to row back on madcap retained EU law bill is welcome Premium content
...They’ve also, to some degree, become more collaborative and flexible over delivery times. Ending free movement has had other unforeseen knock-on effects....
May 11, 2023
Financial services
Fintech founder parlayed connections for JPMorgan deal before fraud charges
...JPMorgan found that the delivery and open rates for its emails to Frank customers were far lower than expected....
April 8, 2023
FT Tech for Growth Forum
The rise of the platform economy
...In January hackers disrupted Britain’s Royal Mail parcel delivery service....
March 13, 2023

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