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Virtual Kitchen Nets $20M To Assist Restaurants With Delivery

PYMNTS

Virtual Kitchen , a startup founded by ex- Uber employees, has raised $20 million in fresh capital in a bid to capitalize on the need for food delivery amid the pandemic, according to CNBC. billion by 2026, CNBC reported. Virtual Kitchen works to provide technology for others to set up commercial kitchens for food delivery.

Capital 163
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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

Since then, critics have noted the lack of effectiveness in achieving at least some of Modi’s stated goals, namely, combating black market activity. (By The domestic digital payments market is projected to rise to a value of $1 trillion by 2023 , as estimated by Credit Suisse , up fivefold from recent tallies.

ATM 187
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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

in market cap. The e-commerce giants are capitalizing on three important trends: Global financial systems are going digital and mobile. Amazon is focused on globilizing its branded Marketplace, and will spend billions of dollars over the next decade to bring its model of low prices, vast selection, and fast delivery to the world.