Asia’s AnyMind pulls in another $8M and expands into outdoor advertising

Asia-focused marketing startup AnyMind Group has landed a further $8 million in funding to close out its Series B round and expand into new verticals. The company announced a $13.4 million raise back in November, but that has now expanded to $21.4 million thanks to an additional injection from VGI Global Media, a Thailand-based firm […]

View More Asia’s AnyMind pulls in another $8M and expands into outdoor advertising

Trump’s views about ‘crazy’ self-driving cars are at odds with his DOT

President Donald Trump is an automated-vehicle skeptic, a point of view that lies in stark contrast with agencies within his own administration, including the U.S. Department of Transportation . According to a recent scoop by Axios, Trump has privately said he thinks the autonomous-vehicle revolution is “crazy.” Trump’s point of view isn’t exactly surprising. His […]

View More Trump’s views about ‘crazy’ self-driving cars are at odds with his DOT

Uber said to be raising $1B at a $10B valuation for its self-driving car unit

The SoftBank Vision Fund is in talks to invest directly in Uber’s autonomous vehicle business, reports The Wall Street Journal.

View More Uber said to be raising $1B at a $10B valuation for its self-driving car unit

Grab confirms $1.46B investment from SoftBank’s Vision Fund

Grab has become the newest addition to the SoftBank Vision Fund after it announced today that it has pulled in a $1.46 billion investment from the super fund. Grab said the new money will be used to further its super app strategy, which is aimed at making its service a daily app for Southeast Asian […]

View More Grab confirms $1.46B investment from SoftBank’s Vision Fund

Transportation Weekly: Polestar CEO speaks, Tesla terminology, and a tribute

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fourth edition of our newsletter, a weekly jaunt into the wonderful world of transportation and how we (and our packages) move. This week we chat with Polestar CEO Thomas Ingenlath, dig into Lyft’s S-1, take note […]

View More Transportation Weekly: Polestar CEO speaks, Tesla terminology, and a tribute

BeliMobilGue raises $10M for its used-car sales platform in Indonesia

BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The company was started in 2017 as a joint venture between Europe’s Frontier Car Group (FCG) and Intudo Ventures, a VC firm focused on Indonesia. BeliMobilGue said […]

View More BeliMobilGue raises $10M for its used-car sales platform in Indonesia

Toyota’s new car subscription company Kinto is gamifying driving behavior

Toyota has officially launched Kinto, a company first revealed late last year that will manage a car subscription program and other mobility services in Japan, including the sale and purchase of used vehicles as well as automotive repair and inspection. Kinto is jointly funded by Toyota Financial Services, a wholly owned subsidiary of Toyota, and Sumitomo Mitsui […]

View More Toyota’s new car subscription company Kinto is gamifying driving behavior

Grab raises $200M from Thailand-based retail conglomerate Central Group

Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Central’s business covers restaurants, hotels and more than 30 malls in Thailand, while it has operations in markets that include Vietnam and Indonesia. Its public-listed holding companies alone are worth more […]

View More Grab raises $200M from Thailand-based retail conglomerate Central Group

Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of an industry-wide crackdown on Takata-made front passenger airbags, which involves roughly 37 million vehicles including more mainstream brands such as Toyota and Ford, as […]

View More Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

Toyota turns to AT&T and KDDI for in-vehicle 4G connectivity

In a new deal Toyota, AT&T and KDDI are bringing 4g connectivity to Toyota and Lexus vehicles. This will start with the 2020 model year vehicles that are slated to hit dealers in late 2019. Previously, Toyota worked with Verizon to offer a similar connectivity package to vehicle owners. The deal today, however, seems to […]

View More Toyota turns to AT&T and KDDI for in-vehicle 4G connectivity

Audi, Mobileye, Waymo, other top automakers unite to spread the self-driving gospel

The self-driving vehicle evangelists are uniting. A number of major automakers, technology companies and organizations with a stake in autonomous vehicles, including Audi, Aurora, Cruise, GM, Mobileye, Nvidia, Toyota, Waymo and Zoox has formed a coalition to spread the word about advanced vehicle technologies and self-driving vehicles. Their message: this tech can transform transportation and […]

View More Audi, Mobileye, Waymo, other top automakers unite to spread the self-driving gospel

Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up

Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as much as $5 billion from its ongoing Series H round, up from an original target of $3 billion, a source with […]

View More Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up