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The Seoul city government announced in a statement on Monday that it plans to ban car-hailing app Uber Technologies, Inc. Following the decision, Uber said in a statement that the city is in danger of remaining trapped in the past and getting left behind by the global sharing economy move <a href=https://www.stanley-cup.us>stanley website</a> ment. A local Seoul authority said that under South Korean law, Uber is illegal, keeping fee-paying private transport services unregistered with authorities. This follows similar claims made by other governments and authorities that Uber skirts regulations, and Uber currently faces many lawsuits in the U.S. and Europe. In response to Seouls move, however, an Uber spokesma <a href=https://www.stanleycup.com.de>stanley deutschland</a> n denied the apps illegality, saying that Uber is a technology company that connects drivers with passengers instead of directly running a taxi service with rented cars.Seoul said that instead of using Uber, it would launch a new app in December to provide the same type of offerings as Uber, including geo-location data and driver ratings, but for official taxis only <a href=https://www.stanley-cup.us>stanley us</a> . Uber, recently valued at more than $18 billion, indicated that it was planning a response to Seouls move. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.
After eating up $20 million in venture funding earlier this year, HungryPanda loaded up with an additional $70 <a href=https://www.stanleycups.pl>kubki stanley</a> million, with Arma Partners acting as the exclusive financial advisor for the deal, according to a press release.HungryPanda is an online food delivery platform that serves the restaurant business. The new financing, a Series C round, is aimed at accelerating the growth of the company, building up its technological base and offering new products, per the release.The transaction highlights Armas deep sector expertise in digital marketplaces and food technology, Arma noted in the release.Investors in the round include Piton Capital, VNV Global and BurdaPrincipal Investments, as well as existing investors 83North and Felix Capital.Headquartered in London, HungryPanda operates in 47 cities across Australia, Canada, France, New Zealand, the U.K. and the U.S. The release said the company is growing very fast 鈥?and is already profitable in London and other major cities such as New York. HungryPanda serves Asian restaurants in those countries.The $20 million funding round earlier this year was led by Felix Capital and 83North, according to a February聽press release. The U.S. is strategically important to us, and it will be our primary focus in <a href=https://www.stanleycups.co.nz>stanley mug</a> 2020, Eric Liu, CEO of HungryPanda, said at the time. We bring global experience and expertise <a href=https://www.cups-stanley-cups.ca>stanley ca</a> in this market. This is an exciting time for the specialized food-delivery market, said David Buttress, independent non-executive Ubuk Birchbox And Bringing Men Along For Better Grooming
The Seoul city government announced in a statement on Monday that it plans to ban car-hailing app Uber Technologies, Inc. Following the decision, Uber said in a statement that the city is in danger of remaining trapped in the past and getting left behind by the global sharing economy move <a href=https://www.stanley-cup.us>stanley website</a> ment. A local Seoul authority said that under South Korean law, Uber is illegal, keeping fee-paying private transport services unregistered with authorities. This follows similar claims made by other governments and authorities that Uber skirts regulations, and Uber currently faces many lawsuits in the U.S. and Europe. In response to Seouls move, however, an Uber spokesma <a href=https://www.stanleycup.com.de>stanley deutschland</a> n denied the apps illegality, saying that Uber is a technology company that connects drivers with passengers instead of directly running a taxi service with rented cars.Seoul said that instead of using Uber, it would launch a new app in December to provide the same type of offerings as Uber, including geo-location data and driver ratings, but for official taxis only <a href=https://www.stanley-cup.us>stanley us</a> . Uber, recently valued at more than $18 billion, indicated that it was planning a response to Seouls move. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.
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