China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in Japan. The service has gone live in Osaka, the city of nearly nine million people, and parts of the surrounding area including Kansai International Airport. The Didi […]
View More China’s Didi Chuxing launches taxi-hailing service in JapanCategory: brazil
Base10’s debut fund is the largest-ever for a Black-led VC firm
Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm’s $137 million fund was the largest debut to date for a black-led venture capital firm.
He and his co-founder — managing director TJ Nahigian — found out from none other than their fund’s own limited partners, who told them they should seek out institutions looking to invest in diverse fund managers.
View More Base10’s debut fund is the largest-ever for a Black-led VC firmBrazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup
After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months after their big exit, the pair joined forces with Eduardo Musa, who spent two decades in the bicycle industry, to start another São Paulo-based mobility startup. […]
View More Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startupLatin America is the next stage in the race for dominance in the ride-hailing market
Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile. More posts by this contributor Latin America’s Groupon Mafia A new era for startup investing in Latin America As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the […]
View More Latin America is the next stage in the race for dominance in the ride-hailing market11,800-pound meteorite withstands a devastating fire at Brazil’s National Museum
The hefty metal Bendegó meteorite still sits unscathed inside the charred entrance to Brazil’s palatial National Museum, after flames spread through the 200-year-old halls Sunday night.
The iron-and-nickel space rock, weighing in at some 11,800 …
India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK
The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 and it covers over 110 cities in India where it offers licensed taxis, private hire cars and rickshaws through a network […]
View More India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UKChina’s Didi pumps $1B into its rebranded driver services business
Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailing firm had been tipped to spin out the business and raise $1.5 billion from investors ahead of an IPO, according to a recent Reuters […]
View More China’s Didi pumps $1B into its rebranded driver services businessIn Argentina, venture capital surges even as the broader economy stutters
Even as the Argentine government was announcing the biggest slide in the country’s economic output in nearly a decade, technology investors in the nation’s capital are all gearing up for record fundraising years. Three of the country’s biggest firms (which are still small by international standards) are raising new, exponentially larger, funds in a sign […]
View More In Argentina, venture capital surges even as the broader economy stuttersKorean hotel firm Yanolja moves into Southeast Asia with $15M investment in Zen Rooms
Zen Rooms, the budget hotel network startup founded by Rocket Internet, had faced the deadpool earlier this year after a prospective funding deal collapsed, but now the business appears to have found a home. Korea’s Yanolja, a popular motel brand that has branched out into app-based hotel bookings, has made a strategic investment that could see it […]
View More Korean hotel firm Yanolja moves into Southeast Asia with $15M investment in Zen RoomsChina’s Didi Chuxing is close to launching a taxi-booking service in Japan
Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with the launch of a local business in Japan. Its new Japan-based unit is a joint venture with SoftBank, a longtime Didi investor, which has been in the works since an announcement back […]
View More China’s Didi Chuxing is close to launching a taxi-booking service in JapanA new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America […]
View More A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American techSomeone calculated how much time Neymar has spent on the ground during the 2018 World Cup and it’s a lot
To watch Brazil play in the World Cup is to see Neymar da Silva Santos Júnior, known simply as Neymar, writhe around on the ground a lot.
Thanks to a recent study, we now know exactly how much time he’s spent on the ground during the 2018 …