Spanish Justice Divided In Glovo’s Business Model

MADRID, SPAIN – JULY 29: A rider of Glovo on his motorbike on July 29, 2019 in Madrid, Spain. (Photo by Eduardo Parra/Europa Press via Getty Images) EUROPA PRESS VIA GETTY IMAGES The Superior Court of Justice of Madrid (TSJM) has ruled that a deliveryman of the Spanish start-up Glovo is not a false self-employed. The ruling equals the number of sentences endorsing Glovo’s business model with the number of sentences in favor of the ‘riders’. The Spanish start-up, founded in Barcelona four years ago, has become an international platform…

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10 Examples of Businesses That Could Inspire Your Next Business Idea

Whether you’re interested in starting an online life coach business or developing technology for virtual reality or offering a decluttering service. Before you launch your business, here are 10 examples of different kinds of businesses you can gain insights and strategies from: 1. Hello Pretty Hello Pretty is the South African equivalent of Etsy. Etsy South African’s sell handmade items of all kinds, from clothing, jewellery, art, digital and even pet-related products. If you’re a creator, then this could be the business idea for you. Before you start designing your…

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Global business leader Indra Nooyi calls on Australia to fill the MCG on International Women’s Day 2020

Globally-recognised business leader and International Cricket Council Director Indra Nooyi has put out a rallying cry for Australia and the world to celebrate equality and empowerment at next year’s ICC Women’s T20 World Cup Australia 2020. Mrs. Nooyi, twice named on TIME’s global list of ‘100 Most Influential People’ and visiting Australia this week for speaking engagements, was taken on tours of the Melbourne Cricket Ground and Sydney Cricket Ground, which will host the semi finals and final of the ICC Women’s T20 World Cup respectively, to be played across…

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SpiceJet Offers Business Class Seats on Boeing 737 Acquired from Jet Airways, Discounts Upto 40 Percent

Gurugram –based carrier Spicejet is now offering fares at 30-40% less than its competitors. Reports citing experts suggest that the average business class fares are likely to moderate in the near future following the conclusion of operation of India’s largest provider, Jet Airways. The company is offering lowered price on domestic routes between major cities like Delhi, Mumbai, Kolkata, Bengaluru and Hyderabad starting May 11. Since Jet shuttered, SpiceJet is operating the Boeing 737-800 aircraft with the unchanged seat configuration including the business class cabin. So far, SpiceJet has inducted…

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Softbank may invest in Jio as Mukesh Ambani deleverages business

NEW DELHI: Japan’s Softbank is reportedly looking to make a $2-3 billion investment in India’s fastest-growing telecom firm Reliance Jio as billionaire Mukesh Ambani looks to deleverage business by selling stakes. This comes on the back of reports of Saudi giant Aramco in discussions to buy a 25% stake in Reliance Industries’ refining and petrochemical business for $10-15 billion. “Softbank has long been seen as a potential investor in Jio,” JPMorgan said in a research report.”For the past 2 years, our conversations with investors have highlighted expectations of Softbank investing in Jio and hence…

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Redefine business through Industry Internet of Things

The fourth wave of the Industrial Revolution, Industry Internet of Things (IIoT) is not only redefining the businesses but also the complete ecosystem. McKinsey reported that B2B IIoT applications would contribute around 70% to the global estimated market of $11.1 trillion by 2025. The traditional business models will be no help to the existing business to gain a competitive advantage, and thus business leaders have to rethink and discover new ways, designs and business models embracing IIoT. Non-ownership business models provide an excellent opportunity to carve mutual benefits by sharing…

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