Moka raises $27M led by Hillhouse to make hiring more data-driven in China

Moka, a startup that wants to make talent acquisition a little more data-driven for China-based companies that range from smartphone giant Xiaomi to Burger King’s local business, announced Monday that it has raised a 180 million yuan ($27 million) Series B round of funding. The deal was led by Hillhouse Capital, an investor in top […]

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Startups Weekly: Is Y Combinator’s latest cohort too big?

Plus, e-scooter subscription services are a thing now, the Vision Fund is betting big on autonomous delivery and Facebook almost bought Unity.

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C2A raises $6.5M for its in-car cybersecurity platform

Cars are now essentially computers on wheels — and like every computer, they are susceptible to attacks. It’s no surprise then that there’s a growing number of startups that are working to protect a car’s internal systems from these hacks, especially given that the market for automotive cybersecurity could be worth over $900 billion by […]

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Turo’s new dongle will let customers instantly find and unlock cars

Turo, the peer-to-peer car-sharing company described as the “Airbnb of cars,” is rolling out a new product that will let users locate and unlock cars right from the app. The new product, called Turo Go, is a dongle and an accompanying service that aims to bolster the number of cars and users on its platform. […]

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GM is going to allow Ford vehicles and other competitors on its Maven car-sharing platform

GM’s car-sharing subsidiary Maven is undergoing another expansion. This time, it’s not just to a new city. Maven plans to open up its new peer-to-peer car rental service to allow owners to rent out non-GM vehicles. It is also setting its sights on bigger changes in the future, according to Julia Steyn, vice president of GM Urban […]

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Car-sharing network Turo expands service in UK

Turo — the peer-to-peer car-sharing marketplace sometimes referred to as the ‘Airbnb of cars’ — is expanding to the UK. And this time, everyday car owners can actually use it. The San Francisco-based company expanded to the UK once before in 2016. But at the time, the Turo platform was only offered to small rental […]

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GM launches a peer-to-peer car sharing service

General Motors is launching a new service in Chicago, Detroit and Ann Arbor, Michigan that will let owners rent out their personal GM-branded vehicles through its Maven car-sharing platform. The peer-to-peer car rental service, similar to how Turo and Getaround works, is a departure from Maven’s existing business model. This isn’t the first time Maven […]

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Turo files lawsuit against Los Angeles in car-sharing battle at LAX

Peer-to-peer car-sharing marketplace Turo has filed a lawsuit against the city of Los Angeles Airport in a preemptive strike aimed at defending the ability of its users to rent out their personal cars at Los Angeles International Airport. Turo filed the lawsuit Thursday in the U.S. Central District Court of California in Los Angeles. The […]

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Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment […]

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Car-sharing startup Turo raises additional $12 million

Peer-to-peer car-sharing marketplace Turo has officially closed a $104 million Series D round. This comes following a $12 million investment from Sumitomo Corporation and American Express Ventures, on top of a $92 million raise earlier this year. “As a company that is intensely focused on enabling its customers to have unique travel experiences, American Express’ […]

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GM said to pilot peer-to-peer car sharing through its Maven brand

 Automaker General Motors is said to be planning a new peer-to-peer car rental service, similar to existing offerings by Daimler-backed Turo and startup Getaround, to debut as early as this summer according to Bloomberg. The service will debut in a test pilot set to begin this summer, under GM’s Maven mobility sub-brand, per the report, and will allow GM car owners to list their vehicles… Read More

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Turo car sharing marketplace launches in Germany

 Peer-to-peer car sharing platform Turo is expanding to Germany officially starting today, after acquiring Daimler’s Croove in-house product forpvoding essentially the same service last September. Turo also received a significant strategic investment from Daimler at the same time as it acquired the automaker’s cars sharing experiment, and it now operates peer-to-peer rental services… Read More

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