Bright and early this Wednesday.
The way we move weight is changing.
Remember when Fedex, UPS, and DHL were duking it out as the parcel carrier of choice in the early-to-mid 2000s? One would have never imagined that just a decade later, they’d be competing with the likes of tech companies powered by apps like Uber, Lyft, or Shypt that are trying their hand at consumer-driven package and delivery.
As if we didn’t already see this coming, Amazon has a plan to “consume the city” siphoning former Uber executives, employees from Fedex and USPS, and running pilot tests in major hubs like LA, Miami, and Chicago to dominate the package delivery market.
The new business opportunity for the online giant is measured at $400 billion, promising expansion of its existing shipping business, and providing more control over its current logistics and delivery.
What does this mean for us? Greater adoption for the on-demand environment that hits a little closer to home.
JPMorgan Names Thasunda Duckett As CEO of Consumer and Community Banking
The new role puts Duckett, who was previously CEO of Chase Auto Finance, at the heart of JPMorgan’s biggest business: Consumer and community banking which generated $11.5 billion in revenue in the second quarter, with $2.7 billion in net income.
MATT TURNER | BUSINESS INSIDER
This Nigerian Fintech Startup Helps You Save For Life’s Big Moments
REACH, which is currently in beta, is a group savings tool that allows you save for your big life moments with those closest to you.
MFONOBONG NSEHE | FORBES
Will He Cash in on Africa’s Real-Estate Boom?
Patrick Chella, CEO of real estate crowdfunding platform Realty Africa is opening up the industry for investment opportunities from average folks. Property developers can use Chella’s platform, the first real estate crowdfunding platform on the continent, to gather funds for new ventures across sub-Saharan Africa.
TATIRA ZWINOIRA | OZY
How An Apprenticeship Pilot Might Solve Tech’s Diversity Problem
Apprenti, an apprenticeship program being piloted by the Washington Technology Industry Association, combines training, testing, and a co-op employment placement model to match newly skilled tech workers with hiring tech companies.
KAVI GUPPTA | FORBES
Can a Northern Virginia Tech Incubator Beat ISIS with Startups?
Shahed Amanullah, a former White House advisor and serial entrepreneur, founded Falls Church, Virgnia based Affinis in early 2015 in order to provide an opportunity for young Muslim Americans to build businesses around the issues they care about.
TAJHA CHAPPELLET-LAIER | TECHNICAL.LY DC