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Amazon Buys Stake in Latin American Delivery Startup Rappi

Amazon has taken a stake in Colombian delivery company Rappi, a partnership that pairs Amazon's retail and technology infrastructure with one of Latin America’s best-known last-mile companies.

September 8, 2025

MicroVision Taps New CEO, Unveils MOVIA-S Lidar Sensor

Glen De Vos says the next-generation sensors are scheduled for launch in 2028 with a price of $200-$300, making them more accessible for mass adoption.

September 8, 2025

Polestar Unveils China-Built Electric Sedan to Battle Porsche

Polestar Automotive Holding UK debuted a luxury sedan as the Swedish electric vehicle maker seeks to challenge rivals like Porsche AG with its Taycan.

September 8, 2025

OneRail Links With IBM to Improve Supply Chain Control

The integration will allow companies to source inventory across warehouses and stores within a local area and choose modes and carriers based on cost and delivery status in real time.

September 8, 2025

Lula, Xi Blast Tariffs as BRICS Pushes Trade Unity

Brazil and China have come together to urge BRICS members to stand united in defense of a multilateral system they said is under threat by U.S. trade policies.

September 8, 2025

Parcel Traffic to US Plunges After De Minimis Exemption Ends

Before the measure took effect, the postal union sent a letter to U.S. Secretary of State Marco Rubio to express concerns about its impact.

September 8, 2025

Uber Returns to Bond Market With Investment-Grade Sale

The sale represents Uber’s second as a blue-chip company after it tapped investors for $4 billion around a year ago. The proceeds will be used for general corporate purposes.

September 8, 2025

Hesai Launches $497 Million Hong Kong IPO Plan

Hesai, which raised $192 million in its U.S. initial public offering in 2023, was added to a Pentagon blacklist of companies linked to China’s military last year.

September 8, 2025

Hyundai Raid Spurs Trump Plan to Train US Battery Workforce

The crackdown has rattled South Korea and raised questions about the country’s willingness and ability to deliver promises it made to the Trump administration to invest in the U.S. 

September 8, 2025

Logistics Plus Buys LoadDelivered Logistics

LoadDelivered Logistics will continue operating under its established brand while working with Logistics Plus’ existing North American brokerage team.

September 8, 2025