Singapore's DealGuru Spins Out Food Delivery Business To Chase New Funding
DealGuru, one of the major daily deals sites in Singapore, has spun out its food delivery subsidiary, called FoodRunner. Prior to the new name, the service was called Room Service Deliveries, which DealGuru set up after it acquired Malaysia-based operator, Asian Room Service in October last year. The acquisition was DealGuru’s first big step into the online food delivery business. Before that, it tried its hand with a small service called Dealivery.sg, run as a subsection of its deals site for about six months. Since it bought Asian Room Service, DealGuru expanded its presence out of Singapore, into Malaysia and Indonesia (run through a franchisee). Asian Room Service was operating Room Service Deliveries for nine years prior to the acquisition. With the spin out, DealGuru has placed its CFO, Lance Frey, into the CEO spot for FoodRunner. Part of Frey’s job is to raise funds under the FoodRunner entity for expansion into more markets in Southeast Asia. Frey said the Philippines, Thailand ...
acquisition
asia
asian
business
ceo
cfo
chase
christian
dealguru
dealivery
department
entity
expansion
finance
foodpanda
foodrunner
frey
hauville
india
indonesia
indonesian
internet
internet-backed
lance
majority
malaysia
malaysia-based
million
operations
pakistan
philippines
presence
service
singapore
southeast
subsection
taiwan
thailand
url
vietnam
vietnamese
Fighting rages in NW Pakistan, 15 militants, one soldier killed: army
PESHAWAR, Pakistan - Fifteen militants and one soldier were killed on Thursday when the Pakistani military mounted another operation in a week of fighting designed to seize control of a remote but strategic valley in the northwest, the army said.
operations
pakistan
pakistani
peshawar
Found more than 1 month ago on channel
Reuters
CIA To Hand Over Drone Program To Pentagon?
An anonymous reader writes "According to a report at The Daily Beast, the Obama administration has decided to give the drone program to the Pentagon, taking it away from the CIA. This could lead to increased transparency for the program and stricter requirements for drone strikes. From the article: 'Officials anticipate a phased-in transition in which the CIA’s drone operations would be gradually shifted over to the military, a process that could take as little as a year. Others say it might take longer but would occur during President Obama’s second term. “You can’t just flip a switch, but it’s on a reasonably fast track,” says one U.S. official. During that time, CIA and DOD operators would begin to work more closely together to ensure a smooth hand-off. The CIA would remain involved in lethal targeting, at least on the intelligence side, but would not actually control the unmanned aerial vehicles. Officials told The Daily Beast that a potential downside of the agency’s relinquishing ...
agency
cia
dod
intelligence
obama administration
operations
pakistan
pentagon
president
requirements
terrorist
transition
transparency
Found more than 1 month ago on channel
Slashdot
Pakistan arrests suspect in Daniel Pearl case
Authorities believe Qari Abdul Hayee led the Sindh operations of the Lashkar-e-Jhangvi militant group and helped facilitate the journalist's 2002 kidnapping. ISLAMABAD, Pakistan — A man arrested in Karachi on suspicion of helping in the 2002 kidnapping of American journalist Daniel Pearl once led the militant group Lashkar-e-Jhangvi's operations in Sindh province, authorities said.
abdul
american
authorities
daniel
hayee
islamabad
journalists
karachi
lashkar-e-jhangvi
operations
pakistan
pearl
qari
sindh
suspicion
U.S. drone strikes violate Pakistan's sovereignty: U.N.
UNITED NATIONS - The United States has violated Pakistan's sovereignty and shattered tribal structures with unmanned drone strikes in its counterterrorism operations near the Afghan border, a U.N. human rights investigator said in a statement on Friday.
afghan
counterterrorism
nation
operations
pakistan
statement
united states
Found more than 1 month ago on channel
Reuters