Spain’s Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing, ecommerce and logistics, has closed a $500 million Series E round of funding led by Kinnevik and with what it bills as a “significant” follow on by SoftBank VisionFund 2. Existing investors including Atomico, […]
Europe’s quick-commerce startups are overhyped: Lessons from China
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
Ocado drivers ‘paid less than £5 an hour’
Workers on rapid delivery service see pay slashed as company’s profits skyrocketDrivers delivering groceries for Ocado are earning less than the minimum wage, the Observer can reveal.The drivers, who deliver orders for the online retailer’s rapid deliv…