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Naspers, Innova Capital back Movile with $82 million

To hear Naspers and the Latin American marketplace developer Movile tell it, food is the thing to make a company king in international markets. Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s …

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Uber and Deliveroo get a gig economy rights grilling

Uber and Deliveroo execs faced questions from a UK parliamentary committee today as the government continues to deliberate on changes to employment law to account for the rise of gig economy work facilitated by tech platforms. Ride-hailing giant Uber was also grilled over what one committee member dubbed its “aggressive” …

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