Panda Capital has led a US$10 million series B round in Mobike, a Shanghai-based mobile app that allows users to rent bikes for short distance commute, according to Chinese media reports. Joy Capital also participated in the round. Launched in December 2015, Mobike operates its own bike fleet equipped with self developed smart lock and… Continue reading Panda Capital Leads $10M Series B Round In Mobile
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Didi And Uber China Ink Landmark Deal To Merge Operations In China
In a landmark deal, Chinese ride share giant Didi Chuxing has agreed to acquire all assets of Uber China, including its brand, business operations and data for operation within China, according to a company announcement. In exchange for the Uber China assets, Uber will receive 5.89% of the combined company with preferred equity interest which… Continue reading Didi And Uber China Ink Landmark Deal To Merge Operations In China
Poly Group Invests $400M As Part Of Didi’s New Funding Round
Chinese state-owned real estate conglomerate Poly Group has invested US$400 million in Didi Chuxing as the country’s largest ride share company’s latest US$7.3 billion financing round announced last week. Poly, which invested through two vehicles managed by Poly Capital Management, will in turn obtain a 1.45% of Didi Chuxing at a valuation of over US$27.6… Continue reading Poly Group Invests $400M As Part Of Didi’s New Funding Round
Bentley Bentayga V8 2018 review
Following the launch of W12 petrol and V8 diesel engines, this is the third and perhaps the most convincing powerplant to feature in Bentley’s monumentally capable Bentayga SUV. It’s a 4.0-litre, 90-degree V8 with its two twin-scroll turbochargers sitting within the vee of the cylinders. You’ll find it also in the Porsche Cayenne Turbo, and… Continue reading Bentley Bentayga V8 2018 review
Jaguar F-Type review
Supercharged engines and a brilliant chassis mean the F-Type delivers performance to match its looks No matter what version of the F-Type you choose, you’ll be rewarded with a superb driving experience. As it was developed as a Convertible from the outset, there’s very little twisting or vibration through the bodyshell, and body control in… Continue reading Jaguar F-Type review
Ford C-MAX review
Spacious enough but rear passenger space can be tight if carrying a car full of people Despite its relatively compact dimensions, the C-MAX is a very practical car. It has 471 litres of boot space – slightly more than the Renault Scenic’s 437 litres, but way down on the Citroen C4 Picasso‘s 537 litres. With… Continue reading Ford C-MAX review
New Ford F-150 Raptor pick-up 2018 review
You may not have even heard of the Ford F-150, and in one sense there’s no reason why you should – it has never, and likely will never go on sale in the UK, nor even in Europe. But in the USA it has consistently topped the outright sales charts since its creation in 1948.… Continue reading New Ford F-150 Raptor pick-up 2018 review
Ford Focus review
With a strong range of petrol and diesel engines, the Focus is refined and relatively cheap to run, while the driving experience is top notch The Focus has clearly been designed with comfort and efficiency in mind, but Ford’s talented engineers haven’t neglected handling. It’s certainly a more exciting steer than a Kia Cee’d and it… Continue reading Ford Focus review
Ford Mondeo review
A large boot and plenty of room for passengers make the Mondeo a highly practical choice The Mondeo’s rakish looks don’t compromise its interior functionality. There’s plenty of space for five adults and a big boot. A deep centre armrest, big cupholders and extra space behind the floating centre console mean oddment storage in the… Continue reading Ford Mondeo review
Jaguar XF review
Smooth performance and slick auto gearboxes define the range – but the 2.0 diesel is a bit noisy Thanks to its aluminium underpinnings, the XF is relatively light compared to its rivals, which helps the way it rides and handles. The suspension keeps the body tied down nicely during cornering, so there’s plenty of composure… Continue reading Jaguar XF review