Entrepreneur news today
Here are some of the latest entrepreneur news stories from around the web:
Startups
- Uber's Self-Driving Car Unit to Go Public: Uber's autonomous vehicle unit, Uber ATG, is planning to go public through a merger with a special-purpose acquisition company (SPAC), according to a report by Bloomberg. (Source: Bloomberg)
- Instacart Raises $265M in Funding: Instacart, a grocery delivery startup, has raised $265 million in funding from investors including Fidelity Management & Research Company and T. Rowe Price Associates. (Source: CNBC)
- Robinhood Raises $2.4B in Funding: Robinhood, a fintech startup, has raised $2.4 billion in funding from investors including Sequoia Capital and Ribbit Capital. (Source: The Information)
E-commerce
- Amazon to Acquire Zoox: Amazon has agreed to acquire Zoox, a self-driving car startup, for $1.3 billion. (Source: The New York Times)
- Walmart to Acquire Cornershop: Walmart has agreed to acquire Cornershop, a Chilean e-commerce company, for $225 million. (Source: Reuters)
- Shopify Partners with Facebook: Shopify, an e-commerce platform, has partnered with Facebook to allow merchants to sell products directly on the social media platform. (Source: The Verge)
Funding
- VC Funding Reaches Record High: Venture capital funding reached a record high in the first quarter of 2021, with $73.8 billion invested in startups, according to a report by PitchBook. (Source: PitchBook)
- SoftBank Invests in Indian Startup: SoftBank has invested $100 million in Indian startup, Zomato, which operates a food delivery platform. (Source: The Economic Times)
- Google Ventures Invests in Biotech Startup: Google Ventures has invested $100 million in biotech startup, Editas Medicine, which is developing gene editing therapies. (Source: The Wall Street Journal)
Trends
- Remote Work to Continue: A survey by Upwork found that 63% of companies plan to allow remote work permanently, even after the pandemic ends. (Source: Upwork)
- Sustainability to Drive Entrepreneurship: A report by the Global Entrepreneurship Monitor found that sustainability is driving entrepreneurship, with 64% of entrepreneurs citing environmental concerns as a key motivator. (Source: GEM)
- AI to Disrupt Industries: A report by McKinsey found that AI is expected to disrupt industries such as healthcare, finance, and education, with 80% of companies planning to use AI by 2025. (Source: McKinsey)
I hope you find these news stories interesting and informative!