Grab has partnered with Samsung to improve services for both drivers and passengers, while on-demand home cleaning service OKHOME has received $300,000 in a seed funding round from South Korean venture capital firms. Grab teams up with Samsung Southeast Asia’s ride-hailing company Grab has signed a multi-year MoU with electronics giant Samsung to collaborate on a wide… Continue reading APAC Dealbook: Grab-Samsung tech collaboration; Indonesia’s OKHOME raises $300k
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New contracts: VW dealer association denies negotiation successes
According to VAPV CEO Weddigen von Knapp, “the first step” was taken on the way to new dealer and service contracts. In the present version, he rejects the agreements.
Auto parts supplier disappointed: Schaeffler breaks after profit warning
Daimler open to alliances, partial listing of mobility services
FRANKFURT, Feb 2 (Reuters) – Car and truck maker Daimler on Friday said it was open to considering a broader alliance and a partial listing of its mobility services operations, which include car sharing.
A.I. Meets Ethnography: Spatial Drives Mobility Via Social Media Data
We’ve all heard the old chestnut about being careful what we say on social media, because once it’s posted to the Internet, it lives on in perpetuity. Despite those warnings, people reveal an enormous amount about their lives, opinions, and preferences on sites such as Facebook and Twitter, and a Cincinnati-based startup called Spatial is… Continue reading A.I. Meets Ethnography: Spatial Drives Mobility Via Social Media Data
UPDATE 1-Ford’s China joint venture to recall more than 500,000 vehicles
BEIJING/SHANGHAI, Feb 2 (Reuters) – Ford Motor’s China joint venture will recall more than half a million vehicles due to brake-related issues, an additional headache for the U.S. carmaker as it faces rising challenges in the world’s top auto market.
Would-be German government agrees on policy for cars with excess emissions
BERLIN, Feb 2 (Reuters) – Germany’s would-be coalition partners agreed on Friday on an environmental policy in which cars with excess emissions would be refitted rather than taken off the road.
PSA does not exclude investing in other start-up funds to accelerate its innovation watch
PSA does not exclude investing in other funds specializing in start-ups to accelerate its innovation watch, in the mode of investment made in late 2016 in the private equity fund Idinvest Partners. At the end of 2016, PSA invested in the private equity fund Idinvest Parteners. Always looking for innovative companies, the manufacturer does not… Continue reading PSA does not exclude investing in other start-up funds to accelerate its innovation watch
Detroit 3 to get $189M from Takata for faulty air bags
More than 60 companies will split $850M for costs incurred in replacing deadly air bag inflators
Purplebricks estate agent defends business model
Purplebricks refutes a claim that it only sells about half of properties listed by customers.