Electric scooter and bike-share company Lime is not giving up on San Francisco. This afternoon, Lime plans to protest on the steps of SF City Hall to petition the city’s scooter selection process. “We are calling the SFMTA to expand equitable transportation options throughout the City by allowing more choice and greater options, by requiring… Continue reading Lime continues to battle San Francisco’s electric scooter decision
Author: Tech Crunch Online News
China’s BYD further drives into Chile with 100 electric buses
Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks… Continue reading China’s BYD further drives into Chile with 100 electric buses
A former Ofo exec is launching his own scooter startup
The funding extravaganza may be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued to close venture capital rounds at a consistent pace. See Grin, Tier and Yellow for examples. The latest is Dott, a European scooter startup founded by Maxim Romain, Ofo’s former head of Europe, the… Continue reading A former Ofo exec is launching his own scooter startup
Getaround to expand Uber partnership to four more cities
Getaround, the peer-to-peer car-sharing service that first launched at TechCrunch Disrupt NY in 2011, is expanding a partnership with Uber that gives users access to rideshare-ready vehicles. The program, which launched as a pilot in May 2017 in San Francisco, is now available to Getaround customers in Los Angeles and San Diego. Two more cities, Philadelphia and Washington D.C. will soon… Continue reading Getaround to expand Uber partnership to four more cities
Stratim, formerly known as valet startup Zirx, sues co-founder for theft
Stratim, the mobility services company formerly known as Zirx, is suing its co-founder and now-former COO Shmulik Fishman for breach of fiduciary duties, civil conversion, criminal conversion, theft, criminal mischief, deception, unjust enrichment and fraud. The lawsuit’s co-plaintiff is Adesa, a subsidiary of KAR Auction Services, which acquired Stratim earlier this year. Stratim powers fleet management… Continue reading Stratim, formerly known as valet startup Zirx, sues co-founder for theft
Sidecar says Uber ‘took illegal steps to undermine’ competitors in new lawsuit
Sidecar, an early player in the ride-hailing business, is suing Uber, claiming the billion-dollar business “stifled competition in the market for ride-hailing applications,” according to a lawsuit filed in the U.S. district court in San Francisco on Tuesday — first reported by Reuters. The company, co-founded by Sunil Paul in 2011, alleges Uber “used a number of tactics… Continue reading Sidecar says Uber ‘took illegal steps to undermine’ competitors in new lawsuit
Vroom nabs $146M from AutoNation, VCs for its used car marketplace
Vroom has raised $146 million in Series G funding, an expansion to a $30 million investment we reported in early September. U.S. automotive retailer AutoNation led the round for the startup, with participation from existing investors T. Rowe Price, L Catterton, General Catalyst and Fraser McCombs Capital. The company declined to disclose the valuation, but… Continue reading Vroom nabs $146M from AutoNation, VCs for its used car marketplace
SoftBank invests in parking startup ParkJockey pushing valuation to $1 billion
SoftBank continues to invest in the future of transportation — this time in ParkJockey, a startup that has built a technology platform aimed at monetizing parking lots. And ParkJockey, which was founded in 2013, is already using that capital to scale up. Along with the SoftBank investment news, ParkJockey also announced that it was acquiring two… Continue reading SoftBank invests in parking startup ParkJockey pushing valuation to $1 billion
Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia
Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund that closed back in September. The deal was first made public via a… Continue reading Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia
Lyft files IPO documents with SEC
Lyft has filed a draft registration statement with the U.S. Securities and Exchange Commission for its long-awaited initial public offering, Lyft wrote in a press release today. However, the exact timing of the offering is unclear. In a confidential filing with the SEC, Lyft did not state the number of shares it expects to offer,… Continue reading Lyft files IPO documents with SEC