The pizza chain is deploying about 100 custom-branded 2023 Chevy Bolt electric vehicles at select franchise and corporate locations throughout the United States in November.
The company plans to add another 700 Bolts in the coming months and aims to have 855 EVs on the road by the end of 2023.
Domino’s, which has been working to enhance its delivery workforce, said these vehicles would provide an opportunity to attract drivers who don’t have their own cars.
The bigger picture:
The EV fleet will provide several advantages for Domino’s stores’ vehicles, including long battery life, zero tailpipe emissions, advanced safety features, and lower average maintenance costs, among other features.
By electrifying its delivery fleet, the pizza chain also aims to reach its net-zero carbon emissions commitment by 2050.
Zoom Reports Financial Results for the Third Quarter 📈
Zoom Video Communications, Inc. announced financial results for the third fiscal quarter that ended October 31, 2022.
Cardano has partnered with COTI, a DAG-based Layer 1 protocol, to launch the stablecoin.
Dubbed “Djed,” the new stablecoin will be pegged to the US Dollar, backed by Cardano ($ADA), and will use $SHEN as its reserve coin.
Djed is set to go live on the mainnet in January 2023, pending a successful audit and a series of rigorous stress testing.
The algorithmic stablecoin will be integrated with selected partners and Decentralized Exchanges (DEXs), who will reward users for providing liquidity using Djed.
Laundrygo Raises $37 Million in Funding 💰
Laundrygo, a South Korean-based on-demand laundry service platform, has raised $37 million in its Series C funding round.
The Investors:
The funding was led by private equity firm H&Q Korea, along with participation from returning investors SoftBank Ventures, Altos Ventures, and Aju IB.
New investors KB Securities, Badgers Investment, Hanwha Securities, Pebbles Investment, and strategic investor Musinsa also participated in the round.
What will Laundrygo do with the funding?
The funding will help the startup advance its smart factory technology and invest more in the laundromat business. The company also plans to use the funds for geographic expansion.
About Laundrygo:
Founded in March 2019, Laundrygo offers a non-face-to-face laundry service where users place their dirty laundry in a pick-up box in front of their house.
The box is retrieved, and the clothes are washed, dry-cleaned, and then shipped back to the user.
Laundrygo currently offers its services in Seoul, Ilsan, Bundang, Gimpo, and Songdo.
Hive Social, A Twitter Alternative Sees A Huge Surge in Popularity 🔺️
Hive Social, a relatively new alternative social networking platform to Twitter, is seeing a huge surge in popularity as people look to flee Musk’s Twitter.
Hive, the Gen Z-focused social app, has become a new focus as several people are searching for a new way of recreating their networks and experience on Twitter.
The social network borrows much of the same design as Twitter, where users are given a profile that can be followed, which will lead atheir posts to go into their followers’ feeds.
Here, users can explore their interests across a range of topic-based communities, such as music, fashion, science, tech, books, travel, gaming, and food, among others.
Hive users can like, comment, and repost the shared content, similar to other social networks, as well as click on hashtags to explore further content in a particular topic or area.
That’s a wrap for today, ladies & gents. See ya tomorrow!
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