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AWS serves up scalability for Thailand’s Robinhood food service
AWS serves up scalability for Thailand’s Robinhood food service
The Robinhood app and underlying platform was built using the Amazon Elastic Kubernetes Service.
Conor McNamara (AWS) Credit: AWS
The Thai maker of food delivery app Robinhood has tapped AWS to underpin its offering, designed to provide food vendors with a low-cost alternative to existing food delivery platform operators.
The Robinhood app was built in just three months and is claimed to be the first in Thailand that doesn’t levy application or gross profit fees on small food vendors, a sector that has been struggling financially during the COVID-19 pandemic.
Offices of Pagaya in Tel Aviv (YouTube screenshot)
Israeli fintech firm Pagaya Investments, a maker of data-driven investment software, is seeking to list shares on Wall Street via a merger with a special purpose acquisition company (SPAC) at a $8 billion valuation, Calcalist reported on Thursday.
The company is in parallel examining a possible initial public offering of shares, the financial website said, without saying from where it got the information.
Pagaya is in talks with several SPACs regarding a merger, led by investment bank JP Morgan. The board of directors of the fintech firm has yet to make a final decision on the matter, but is expected to make one soon, Calcalist said.
A view of the port of Bangkok, Thailand. - Reuters
BANGKOK, March 13 (Bernama): Thailand’s exports recovery is likely to continue in 2021 supported by improving global growth on the back of vaccination progress and stimulus packages especially in the United States, according to Economic Intelligence Centre (EIC).
EIC, a research house under Thailand’s Siam Commercial Bank (SCB) said Thai exports recovery is faster than expected, due to improving global growth.
However, sluggish foreign tourism is likely to continue, it said in a note today.
It said several countries’ exports over recent months suggested significant recovery. Thai exports also followed the trend with export value in December last year and January this year reaching pre-COVID-19 levels. Looking forward, export recovery is likely to continue, ” it said.