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Business News

Taxi service Taxify restarted in Kiev
Taxify restarts the service in Kiev and plans to develop in other major cities in 2018. One of the European platforms for ordering travel Taxify plans to invest in the further expansion of its activities in Ukraine. This was said in a statement. It starts with the restart of the service in Kiev and plans to develop in other large cities in 2018. Taxify has attracted $ 175 million in investment, with Daimler's automotive concern, including Mercedes-Benz, becoming the leader among investors. The company said they would use the investments to further develop their online service in the cities of Europe and Africa. One of the key markets for expansion will be Ukraine. The CEO and co-founder of Taxify, Markus Willig, noted that over the past year, the number of trips organized with the help of Taxify has increased tenfold. In addition, today more than ten million people use the service worldwide. The first launch of the service in Kiev took place in 2016 under a franchise agreement with Estonian entrepreneurs. Now the company will restart the project with its own local team. We note that now in Ukraine, Uber and Uklon are leaders in the taxi call market using online applications. Markus Willig founded Taxify in Estonia in 2013, when he was 19 years old. Marcus borrowed money from his parents, set aside for his college education, and created the first version of the platform, and also personally attracted the first drivers. Today Taxify is one of the fastest growing platforms for booking trips in the world with a passenger traffic of more than 10 million people and 500 thousand drivers in more than 25 countries of the world. Recently in Ukraine market Taxify taxi service has shown very high result in terms of annual growth and income amount – says their manager.     Source:https://delo.ua/business/taksi-servis-taxify-perezapuskaetsja-v-kieve-343694/
Spain sees fall in July tourist visits for second year running
Fewer holidaymakers from the United Kingdom and Germany contributed to the slowdown, but it did not affect spending, which rose 2.2% on last year’s figure. Competition from cheaper vacation destinations than Spain is clear to see in tourism figures for July. According to data from Spain’s National Statistics Institute (INE), a total of 9.9 million foreign tourists came to the country in that month, which represents a 1.3% fall on the same period in 2018. This is the second consecutive year that the figure has fallen in July, and is mostly down to reduced visits from Spain’s two main markets: the United Kingdom and Germany. Meanwhile, tourist spending continued to rise. Visitors to the country from abroad spent €11.98 billion on their journeys to Spain, 2% up on July of last year, and with an average daily spend per tourist of €160, a 4.9% rise on last year’s figure. Last year, the reduction in visits was partly down to a heatwave at the beginning of summer, which saw many Central European tourists stay in their countries and delay their vacations. This year, a fresh heatwave at the end of July appears to have had the same effect. What’s more, Turkey, Egypt and Tunisia are offering beach destinations at prices that are, in general, more competitive than Spain’s. Brexit, as the UK’s impending exit from the European Union is known, a slowdown in the UK economy and the threat of recession in Germany have also made consumers more sensitive to the prices of Spanish beach and sun trips. July saw a total of 2.16 million Britons visit Spain, 2.2% down on last year. Last year’s figure represented a 2.6% fall on July 2017. That means that in two years, 161,000 fewer British tourists have visited Spain, with the fall for the year so far at 1.6%. In the second case, 143,000 fewer German tourists came in July of this year compared to the same month in 2017. This July saw 1.24 million visitors, 3% down on last year’s figure. The reduced number of visits had its effect on Spanish hotels, with 11.8% fewer overnight stays among German tourists, albeit with a 1.2% increase for Britons. In general, the falls have been mostly seen among Central European tourists, such as Belgians (-2%), Dutch (-4.82%) and Swiss (-8.6%). Meanwhile, visits grew among the French (2.3%, up to 1.4 million), Irish (6.7%) and Russians (5.21%). Tourists from the United States came in at 429,666 in July, 19.8% up on a year ago. In the year so far, nearly two million Americans have visited Spain, 14.24% up on the same period in 2018. In total, Spain received 9.88 million foreign tourists in July, 133,199 fewer than the year before (-1.3%) and 606,391 fewer than in July 2017, which was the best month of July on record. However, the numbers for this year so far are still an improvement on the same period in 2018: 48.06 tourist visits in total, which is 1.9% up on the first seven months of last year.   Source:https://elpais.com/elpais/2019/09/02/inenglish/1567423811_074989.html
Ukraine is not ready to launch electric taxi cars
Ukraine is not ready to launch electric taxi cars. Transflot CEO Viktor Fedosyuk said that while the technology has not reached the point of using electric vehicles in commercial terms. Infrastructure in Ukraine is not ready to run electric cars, taxis. About this in an interview with Delo.ua said the CEO of Transflot Viktor Fedosyuk. “So far we are not moving towards electric vehicles, because Ukraine does not have infrastructure for 'green' cars. For example, taxi services in whose fleet there were electric cars were afraid to send cars to Borispol airport because there was a risk of stopping halfway”, - Fedosyuk told. In addition, according to him, the service life of an electric vehicle in a taxi is only 1-2 years. "Electric cars have a certain battery life. If you use an electric car for your own transportation, the battery serves from 6 to 8 years, but if such a car is in a taxi, then the service life is 1-2 years. The cost of the battery is half the cost of the electric car itself. Technology has not reached the point of using electric cars in commercial terms, "said Fedosyuk. Recall, according to experts, 95% of the market is in the shade. It is believed that in Kiev taxi cars are around 25-30 thousand. This problem is everlasting for government for many years – may actions were taken to solve this problem recently. Recently government took some actions in a way of raising penalties to unregistered taxi companies and private entrepreneurs. Since last few years many new companies came into Ukraine market with completely new, official methods of work like Uber, Taxify, Oksi, Yandex taxi etc. They faced a strong competition from usual black market drivers, still their share part in the market increases rapidly. By experts opinion Ukrainian government does not provide efficient methods fighting taxi black market.              Source:https://delo.ua/business/ukraine-ne-gotova-k-zapusku-elektromobilej-taksi-346482/
Information Service
Orange Spain selects ZTE to deploy part of its 5G network
Spanish telecommunications operator Orange has selected Chinese vendor ZTE for the provision of 5G infrastructure in certain Spanish cities, local newspaper Expansion reported, citing market sources. Under the terms of the agreement, ZTE will deploy 5G infrastructure in the cities of Bilbao, San Sebastián, Vitoria, Logroño and Zaragoza. With this deal, ZTE joins Ericsson and Huawei, which are also working with the Spanish carrier in the deployment of 5G infrastructure. According to the report, Huawei now has 50% of Orange’s 5G network deployments, followed by Ericsson, with 45% and ZTE with approximately 5%. In June this year, ZTE and Orange carried out a number of demonstrations of the potential of 5G technologies in the fields of automation, robotics and entertainment. The demos were unveiled at the Global 5G event, which took place in Valencia, Spain. The first demo applied 5G technology to remote driving and was carried out with the collaboration of Valencia’s Universitat Politecnica (UPV). Cameras were used to capture high-resolution images of the vehicle’s environment and, through the Orange 5G network, reach the remote driver in real time. The second demo showed one of the possible applications of 5G technology to the development of Industry 4.0: the handling of industrial robots. The 5G technology eliminates the problems of latency and delay in the transmission of data, which allows the operation of a robotic arm remotely and in real time, ZTE and Orange said. In this experience, which also involved the participation of the Universitat Politècnica de València, a high-resolution camera collected the movements of the human arm that managed the robot, which were recognized, interpreted and converted into commands that were transmitted instantly to the robot via the 5G network. In this way, the movements were reproduced by the robot in real time. The partners also demonstrated the use of 3D holographic technology for broadcast and reception of audiovisual content in real time. The 5G network trial being used by Orange in the city of Valencia was deployed by ZTE. Wang Jiayi, director of 5G RAN Solutions at ZTE, told reporters at the Global 5G event that the company had been engaged with Orange Spain for two years to prepare the 5G field trial. “The 5G trial in Valencia was launched last year. We have built a standalone 5G network for this field trial,” the executive said on the sidelines of the 5G event. He added that the network solution includes 5G new radio (5G NR) as well as ZTE’s Common Core solution. The executive also said that ZTE expected to continue with the 5G trial with Orange throughout the rest of the year in order to complete the two phases of the trial. In April, Orange Spain and ZTE completed what they claimed was the first voice and data call over a standalone 5G network in Europe. The trial was carried out in Valencia via a 5G New Radio base station, 5G core network and test devices, reaching speeds of 876 Mbps with a single user handset and 3.2 Gbps with 12 handsets working simultaneously. Rival operator Movistar is working with Ericsson and Nokia in the deployment of 5G while Vodafone Spain is deploying its 5G network with Huawei and Ericsson. MasMovil is working with Ericsson.     Source:https://www.rcrwireless.com/20190905/5g/orange-spain-selects-zte-deploy-part-5g-network-report
Flipkart expands delivery reach by 80% for large appliances
E-commerce firm Flipkart on Sunday said it has expanded delivery reach by 80 per cent to cover almost all pin codes in India for large appliances, ahead of its big billion day sales, starting from September 29. The company claims that it has increased its reach to around 19,200 PIN codes from about 10,660 codes in 2018 for delivery of large appliances. "This festive season, we are extending our reach to newer regions, aiming to cover almost all the serviceable pin-codes across the country. We are glad that this year, our consumers from Metros to tier 2 cities and beyond, who didn't have access to a wide range of appliances previously, will be able to shop from our entire product range," Flipkart senior vice president Ajay Yadav said in a statement. "This festive season, we are extending our reach to newer regions, aiming to cover almost all the serviceable pin-codes across the country. We are glad that this year, our consumers from Metros to tier 2 cities and beyond, who didn't have access to a wide range of appliances previously, will be able to shop from our entire product range," Flipkart senior vice president Ajay Yadav said in a statement. With this increase in reach, Flipkart consumers in smaller towns will be able to access to a wide range of appliances previously, will be able to shop from our entire product range," Flipkart senior vice president Ajay Yadav said in a statement. "Over the past year, while the demand for Android Smart TVs grew times in metros, smaller towns showed impressive growth with a 5 times increase in demand. Other products such as water purifiers and air conditioners are also witnessing growth on the back of high awareness on the latest technology," Flipkart said. It also said that it has increased delivery capacity by 14 times this year compared to last year. "With its largest facility for large appliances, spread across of 3.5 lakh square feet in Bengaluru, Flipkart has increased its delivery capacity by 14 times this year, compared to 2018," the statement said.   Source:https://economictimes.indiatimes.com/industry/services/retail/flipkart