Here’s what you should know.

1. Swedish investment company Kinnevik to sell half of its 13% stake in Rocket

Kinnevik said in a statement it planned to sell 10.9 million shares via a placing but it reserved the right to increase that amount. Rocket Internet‘s share price closed down 2.1% shortly before the announcement of the sale.

Kinnevik was one of the first investors in Rocket and is the firm’s second-biggest shareholder after the Samwer brothers who have a 37% stake. Kinnevik also has stakes in a number of Rocket‘s major start-ups.

Analysts had predicted that the investment company would eventually part ways with Rocket as Kinnevik shifts its investments into education, financial technology and healthcare.

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2. Half a million new credit card machines to be installed in Thailand

The government is hoping more people swipe plastic cards to pay for small-ticket items, as low as even 20 baht using PromptPay, which is part of the national e-payment scheme designed to make Thailand a more cashless society.

Thailand has around 24 million credit cards issued. Krungsri Consumer is the industry’s largest credit card player in terms of card base with around 3.8 million in circulation.

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3. UPS tests show delivery drones still need work

UPS tested the use of drones for residential delivery for the first time earlier this week.

The logistics giant specifically launched an octocopter, or multi-rotor drone, from the top of a delivery van. The drone delivered a package directly to a home, then returned to the van which had now moved down the road to a new location.

During a second, unofficial demonstration of the HorseFly for UPS on Monday, some sort of interference caused an issue with the drone’s compass. The drone aborted its launch, tried to land on top of the UPS truck, fell to the side and was nearly crushed by the still-closing lid of the vehicle.

UPS executives have insisted that drones will not replace human drivers, but is designed to make their work more efficient.

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