Shaji Mathew / Bloomberg:
Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal — Saudi food delivery firm Jahez agreed to acquire The Chefz in a cash and stock deal, almost a year after Delivery Hero SE’s attempt to buy the firm was thwarted by the local competition watchdog.
Bloomberg:
Roblox and Discord are accused of enabling adult men to sexually and financially exploit a California girl in a lawsuit filed by a social media watchdog group — Roblox Corp. and Discord Inc. were accused of enabling adult men to sexually and financially exploit a California girl in a lawsuit filed by a social-media watchdog group.
Rakteem Katakey / Bloomberg:
NRG Energy agrees to buy Utah-based Vivint, which sells smart thermostats, locks, lights, and more, for $2.8B in cash, a ~33% premium on Monday’s closing price — NRG Energy Inc. agreed to buy Vivint Smart Home Inc. for $2.8 billion to accelerate the US power producer’s strategy of diversifying …
Bloomberg:
Sources: Istanbul-based delivery startup Getir is in advanced talks to acquire Berlin-based Gorillas in a cash and equity deal; Getir raised $768M in March — Getir, the Istanbul-based delivery startup, is in advanced talks to buy rival Gorillas Technologies GmbH, people familiar with the matter said.
Bloomberg:
French industrial giant Schneider Electric agrees to pay £3.87B to acquire the remaining ~41% stake in UK industry software company Aveva, valuing it at £9.5B — Schneider Electric SE agreed to buy out minority shareholders in Aveva Group Plc in a deal that values …
Hannah Lang / Reuters:
The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future — The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings …
Bettina Makalintal / Eater:
Instagram food photography is becoming more realistic, driven by generational changes, more diverse food creators, and a frustration with the curation culture — The food blogger aesthetic has given way to something more realistic and DIY: Laissez-faire Instagram food is here
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