The following news release left me bewildered. Why can’t businesses in China stop ruining a creative idea? Why must they copy to death and spoil something so innovative?! Yet another bicycle sharing company has been born to launch dockless bikes in Zhuhai and Beijing. The company, named getb, claims to be the “world’s first versatile,… Continue reading Stop Creating Bike Sharing Companies, China!
Category: News Type
Temasek Invests In Mobile To Bring 2017 Total Funding To $300M For Bike Share Firm
Chinese bike sharing company Mobike has received new strategic investment from Singapore’s state investment firm Temasek Holdings and existing investor Chinese investment firm Hillhouse Capital to raise a total of over US$300 million since the start of 2017, a tremendous feat for a start-up with actual operation time of less than one year. In January,… Continue reading Temasek Invests In Mobile To Bring 2017 Total Funding To $300M For Bike Share Firm
China’s Didi Sued For Talent Poaching By Alibaba-Owned AutoNavi
Chinese mapping company AutoNavi Holdings Ltd., owned by Alibaba Group Holdings Ltd., has sued Didi Chuxing for unfair competition, alleging the ride-sharing company poached eight veteran engineers from its team and asking for RMB75 million (US$10.9 million) in damages, according to court documents. AutoNavi said that one senior manager and six engineers with knowledge of… Continue reading China’s Didi Sued For Talent Poaching By Alibaba-Owned AutoNavi
Mobike Hires Tesla’s Former General Manager As CMO
China’s bike sharing company Mobike has hired Kingston Chang, former Tesla Motors Inc.’s general manager in China as chief marketing officer, according to Chinese media. Chang will be responsible for the marketing of Mobike and report directly to Mobike’s founder Hu Weiwei. Prior to Mobike, Chang was the first general manager in China at Tesla… Continue reading Mobike Hires Tesla’s Former General Manager As CMO
Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion
Foxconn Technology Group has invested an undisclosed amount in a strategic investment in China’s bike sharing company Mobike as part of a wider partnership, the companies announced today. The exclusive strategic partnership will enable Mobike to increase global production capacity of its smart bikes to over 10 million units annually, and reduce the cost of… Continue reading Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion
Signature of two major contracts with Daimler
Clichy, January 7, 2014 Montupet, the specialist in cast aluminium alloy components for the automotive industry, announces today the signature of two major contracts with Daimler. These contracts concern the design and production of cylinder heads which will be produced at the Group’s Bulgarian site, one of the most modern foundries in the world. Already… Continue reading Signature of two major contracts with Daimler
TriLumina Collaborates with Analog Devices for Next Generation Flash LiDAR Illumination Module
January 4, 2017 January 4, 2017 – Albuquerque, NM, TriLumina Corp. today announced a collaboration with Analog Devices, Inc. (ADI) for a new integrated, solid-state illuminator module for automotive FLASH LiDAR systems. The integration of TriLumina’s innovative Vertical Cavity Surface Emitting Laser (VCSEL) array laser emitters with ADI’s patent pending high-speed pulse laser driver enables… Continue reading TriLumina Collaborates with Analog Devices for Next Generation Flash LiDAR Illumination Module
Tencent, Warburg Lead $215M Series D Round In China’s Mobike
Chinese Internet giant Tencent Holdings Ltd. and Warburg Pincus have led a US$215 million series D funding round in Mobike, a Chinese smart bike-sharing company. New strategic investors including China’s largest travel company Ctrip, TPG, and Chinese hotel operator Huazhu Hotels Group, as well as existing investors Sequoia Capital China and Hillhouse Capital also participated.… Continue reading Tencent, Warburg Lead $215M Series D Round In China’s Mobike
Dieter Gass – Biography
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BMW and Daimler let Apple flash off with iCar
Apple is suffering a setback in its expansion into the car market. According to “Handelsblatt” both BMW and Daimler reject a partnership with the IT giant. BMW headquarters in Munich Thursday, 21.04.2016 10:56 The US company Apple apparently failed with his attempt, along with BMW or Daimler to build a car. Appropriate negotiations are over,… Continue reading BMW and Daimler let Apple flash off with iCar