Category: News Type

China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

Delphi Closes Acquisition of nuTonomy

BOSTON, Nov. 21, 2017 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH), soon to be Aptiv (NYSE: APTV), announced today that it has closed its acquisition of nuTonomy, a leading developer of autonomous driving (AD) software solutions. The addition of nuTonomy further strengthens Aptiv’s position as a technology leader in the global autonomous mobility market. nuTonomy… Continue reading Delphi Closes Acquisition of nuTonomy

Frank Dellaquila and Colin Parris to join Aptiv Board of Directors

GILLINGHAM, England, Nov. 15, 2017 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH), which will become two new stand-alone companies, Aptiv PLC (NYSE: APTV) and Delphi Technologies PLC (DLPH), today announced that Frank Dellaquila and Colin Parris have been named to the Aptiv board of directors, effective with the final date of the spin-off. Dellaquila and Parris… Continue reading Frank Dellaquila and Colin Parris to join Aptiv Board of Directors