TriLumina Demonstrates 256-Pixel 3D Solid-State LiDAR and ADAS Systems for Autonomous Automotive Vehicles at CES2017

December 27, 2016 At CES2017, TriLumina will be demonstrating, in collaboration with LeddarTech, an innovative 256-pixel, 3D LiDAR solution for autonomous driving applications powered by TriLumina’s breakthrough laser illumination module and LeddarTech’s LeddarCore ICs. Albuquerque, NM – December 27, 2016 – TriLumina Corp. (www.trilumina.com), the leader in high-power, pulsed, solid-state, low-cost illumination modules for LiDAR, will be… Continue reading TriLumina Demonstrates 256-Pixel 3D Solid-State LiDAR and ADAS Systems for Autonomous Automotive Vehicles at CES2017

TriLumina Appoints John B. Kennedy as Chief Financial Officer

December 17, 2016 December 17, 2016, Albuquerque, NM – TriLumina (http://www.trilumina.com) today announced the appointment of John B. Kennedy as its Chief Financial Officer.  The addition of John to the TriLumina team completes the C-Level leadership team by adding an experienced finance executive. John Kennedy has over 25 years of diversified experience in the areas of finance… Continue reading TriLumina Appoints John B. Kennedy as Chief Financial Officer

TriLumina appoints Brian Wong as President and Chief Executive Officer

November 16, 2016 Albuquerque NM (PRWEB) November 16, 2016 — TriLumina a leading developer of semiconductor laser illuminators for solid-state LiDAR systems that enable autonomous vehicles and new automotive safety systems, announced that Brian Wong has been named as the company’s new President and Chief Executive Officer and as a member of the board of directors. Mr. Wong is an… Continue reading TriLumina appoints Brian Wong as President and Chief Executive Officer

Didi-Backed Bike Sharing Start-Up Ofo Expands To 22 Cities In China

Beijing-based bike sharing firm ofo, which raised US$130 million venture funding last month following a capital injection from Didi Chuxing, has expanded its operations to 22 cities in China and increased total bike count to 160,000. Mobike, backed by Hillhouse Capital, Warburg Pincus and others, entered its fifth city yesterday. Both companies are racing to… Continue reading Didi-Backed Bike Sharing Start-Up Ofo Expands To 22 Cities In China

New Chinese Bike Sharing Start-Up Raises $22M To Compete In Heated Market

After two Chinese bike sharing start-ups Ofo and Mobike raised a combined US$230 million in October, a third bike sharing company is joining the battleground. An investment unit of Shenzhen-listed chemicals and trading company Jiangsu Huaxicun Co., Ltd. has led a RMB150 million (US$22 million) series A funding round in Ubike, a new comer to… Continue reading New Chinese Bike Sharing Start-Up Raises $22M To Compete In Heated Market

Charging for older and pending Taxify rides

Riders are using Taxify to make millions of rides in 15 countries. Majority of those rides are paid by bank cards via Taxify app. Out of those card payments, small fraction fail due to various reasons – not enough balance, card expired or some other reason. Client got a ride, but Taxify did not get the money.… Continue reading Charging for older and pending Taxify rides

Didi-Backed ofo Secures $130M Series C As Bike-Sharing Battle Leads To Predictable Ending

A week after bike sharing firm Mobike announced an over US$100 million fundraising, Beijing-based rival ofo said it had secured US$130 million series C financing round led by CITIC Private Equity, Coatue Management and Xiaomi Inc. The drama seems all too familiar: Two companies engaged in competitive fundraising, while trying to outbid each other on… Continue reading Didi-Backed ofo Secures $130M Series C As Bike-Sharing Battle Leads To Predictable Ending

Hillhouse Joins $100M Series C Round In Mobike As Bike Sharing Battle Heats Up

Shanghai-based bike sharing mobile app Mobike has raised over US$100 million in a new round of financing led by Hillhouse Capital and Warburg Pincus, a few days after Didi Chuxing invested tens of millions of U.S. dollars in rival start-up ofo, signaling the pair are ready to embark on an intensive battle to grab market… Continue reading Hillhouse Joins $100M Series C Round In Mobike As Bike Sharing Battle Heats Up

Didi Chuxing Invests In Chinese Bike Sharing Start-Up Ofo

Didi Chuxing has invested tens of millions of U.S. dollars in ofo, an urban bicycle sharing platform, to expand the Chinese ride share giant’s operations into the so-called last mile mobility space. As part the investment, DiDi plans to include ofo bike sharing offerings on its own mobile apps. The two companies did not disclose… Continue reading Didi Chuxing Invests In Chinese Bike Sharing Start-Up Ofo

Taxify Launches in 3 Countries in August

Taxify Launches in 3 Countries in August You can now request a reliable ride in Hungary, Romania and Kenya. Taxify is available in Budapest, Hungary since Friday, August 19th. Budapest, Hungary The local market is heavily regulated — all app companies need to own a taxi operator license, the cars need to look the same and charge prices set by… Continue reading Taxify Launches in 3 Countries in August