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 FundCategory: transport
Audi’s new Q4 e-tron concept is a compact electric crossover with 280 miles of range
Audi provided Tuesday an advanced look at what will be its fifth production electric vehicle, a compact crossover concept that is expected to come to market at the end of 2020. The all-electric Q4 e-tron SUV concept, which was revealed at the Geneva International Motor Show, is equipped with dual motors with a power output […]
View More Audi’s new Q4 e-tron concept is a compact electric crossover with 280 miles of rangeVW’s futuristic all-electric dune buggy embraces its 1960s’ roots
Volkswagen has added another member to its ever-expanding I.D. line of concept electric vehicles that’s meant to showcase the automaker’s electric future. This time it’s the I.D. Buggy, an all-electric dune buggy with some 1960s California subculture flair. The I.D. Buggy, which made its global debut Monday at the 89th Geneva International Motor Show, is […]
View More VW’s futuristic all-electric dune buggy embraces its 1960s’ rootsGo-Jek pulls in $100M more for its massive Series F round
U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia, the two largest on-demand companies are still madly fueling up on investment capital. The latest update to that story today saw Go-Jek, the Indonesian ride-hailing firm aiming to go regional in Southeast Asia, announced that it has […]
View More Go-Jek pulls in $100M more for its massive Series F roundEquity Shot: Lyft files to go public and we’re stoked
Hello and welcome back to Equity. Guess what we’re talking about today! It’s Lyft. You guessed correctly.
View More Equity Shot: Lyft files to go public and we’re stokedIndia’s Ola spins out a dedicated EV business — and it just raised $56M from investors
Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and […]
View More India’s Ola spins out a dedicated EV business — and it just raised $56M from investorsGo-Jek’s Get app officially launches in Thailand as Southeast Asia expansion continues
Go-Jek is extending its reach in Southeast Asia after its Thailand-based unit made its official launch, which included the addition of a new food delivery service. Get, which is the name for Go-Jek business in Thailand, started out last year offering motorbike taxi on-demand services to a limited part of Thai capital city Bangkok, now […]
View More Go-Jek’s Get app officially launches in Thailand as Southeast Asia expansion continuesWith a $3.5 million haul, Dray Alliance joins a booming logistics startup scene in LA
With an angle on a long-neglected part of the shipping industry — the short haul movement of cargo from docks to logistics centers — Dray Alliance, is launching joining a growing startup scene for logistics businesses based in Los Angeles. With some of the nation’s largest ports in Los Angeles and Long Beach, the Southern […]
View More With a $3.5 million haul, Dray Alliance joins a booming logistics startup scene in LAAirbnb, Automattic and Pinterest top rank of most acquisitive unicorns
It takes a lot more than a good idea and the right timing to build a billion-dollar company. Talent, focus, operational effectiveness and a healthy dose of luck all play a part.
View More Airbnb, Automattic and Pinterest top rank of most acquisitive unicornsAlibaba hits the gas on mobility as its bike sharing service adds carpooling
Carpooling is heralded to be environmentally friendly and money-saving, but in smog-stricken China, the transportation option became a source of public concerns after two female passengers got murdered during their lifts with Didi Chuxing drivers. The ride-hailing app has suspended its Hitch service to this date under government command, and its peers were also directed […]
View More Alibaba hits the gas on mobility as its bike sharing service adds carpoolingLyft reportedly plans to debut on Nasdaq next month
Ride-hailing company Lyft plans to file its initial public offering in March, possibly beating rival Uber to the milestone. Two reports, one from Reuters, the other from WSJ, indicate Lyft plans to list its shares on Nasdaq next month. The WSJ, citing unnamed sources, reported Lyft may make the filing public as early as next […]
View More Lyft reportedly plans to debut on Nasdaq next monthUber fixes bug that exposed third-party app secrets
Uber has fixed a bug that allowed access to the secret developer tokens of any app that integrated with the ride-sharing service, according to the security researchers who discovered the flaw. In a blog post, Anand Prakash and Manisha Sangwan explained that a vulnerable developer endpoint on Uber’s back-end systems — since locked down — […]
View More Uber fixes bug that exposed third-party app secrets