FRANKFURT, Sept 17 (Reuters) – Zalando (IPO-ZLDO.F: Quote, Profile, Research, Stock Buzz),
Europe’s biggest online fashion retailer, priced its initial
public offering on Wednesday in a range of 18.00 to 22.50 euros
per share, which could value the company at up to 5.6 billion
euros (US$7.20 bln).
The Berlin-based company said it aimed to raise between 507
million euros ($655.20 mln) and 633 million euros ($814.29 mln),
including potential over-allotment shares.
FRANKFURT (Reuters) – A Frankfurt judge granted a reprieve to Uber, the online transportation service, setting aside a temporary injunction issued two weeks ago against the Silicon Valley company from operating a novel car-sharing service across Germany.
Frankfurt Regional Court Judge Frowin Kurth said on Tuesday that the issues in the case brought against Uber by German taxi operator group Taxi Deutschland deserved a fuller airing in court, but lacked the urgency for a temporary injunction.
FRANKFURT, Sept 16 (Reuters) – A Frankfurt judge has lifted
a temporary injunction on online taxi service Uber, only two
weeks after barring the Silicon Valley company from operating a
novel car-sharing service across Germany.
Frankfurt Regional Court Judge Frowin Kurth said on Tuesday
that the issues in the case brought against Uber by German taxi
operator group Taxi Deutschland deserved a fuller airing in
court, but lacked the urgency for a temporary injunction.
ZURICH/FRANKFURT (Reuters) – Apple Inc’s iPod upended the music industry, and its iPhone knocked Nokia off its smartphone perch, but Swiss watch makers breezily dismissed warnings that the technology giant’s new wristwatch gadget could do something similar to them.
“They are essentially transient products rather than items of enduring value,” one Swiss watch industry expert sniffed.
BERLIN/FRANKFURT, Sept 5 (Reuters) – Know what a “Wearable”
is? Most top tech executives would struggle to define it. Now
they’re hoping that Apple will do it for them.
Next week, Apple Inc is expected to stride into the
market for wearable accessories that link wirelessly up to
phones and create a template for other firms that have struggled
to create products consumers would want to be seen in.
FRANKFURT, Sept 2 (Reuters) – A regional German court has
issued a temporary injunction against Uber, the U.S.-based
online chauffeur service, saying its drivers lacked necessary
commercial permits, potentially barring the company from
operating in cities across Germany.
San Francisco-based Uber, which allows users to summon
taxi-like services on their smartphones, has faced regulatory
battles and court injunctions from its early days, even as it
has expanded rapidly into roughly 150 cities around the world.
SAN FRANCISCO, Aug 11 (Reuters) – Foodpanda, an online
take-away food delivery company active in dozens of emerging
markets, said it had raised $60 million in new financing from a
group of investors including existing backer Rocket Internet AG.
Foodpanda, one of a stable of ecommerce and financial
services ventures created by Berlin-based Rocket Internet, is in
a global race to stake out the highly local food take-away
market, an online segment that has featured two high-profile
share listings this year and big investments by U.S. and
European venture firms.