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
Category: Automotive
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
Panasonic to Partner with Colorado Department of Transportation to Deliver Integrated Connected Vehicle Platform
Joint program targets I-70 Mountain Corridor to Optimize Driver Safety, Roadway Efficiency [embedded content] Denver, Colorado, U.S. – On October 26, 2016, Panasonic, a global leader in smart and sustainable automotive and infrastructure technology solutions, announced that it would partner with the Colorado Department of Transportation (CDOT) to build a connected transportation program in which… Continue reading Panasonic to Partner with Colorado Department of Transportation to Deliver Integrated Connected Vehicle Platform
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
Panasonic Held the Brand Campaign “#MoreSunshine” in South Africa
Johannesburg, South Africa – With an economic growth rate of 1.5% and a population of 54 million, South Africa is among the largest economic powers in Africa and is a driving force behind the African economy.* Panasonic relaunched Panasonic South Africa (Pty) Ltd. in April 2016, and Panasonic is working to contribute to the further… Continue reading Panasonic Held the Brand Campaign “#MoreSunshine” in South Africa
Panasonic Showcasing 10 Themes and Has Published 7 Articles at ITS World Congress Melbourne 2016
[embedded content] Melbourne, Australia – The ITS World Congress 2016 kicked off on October 10, 2016, in Melbourne, Australia. Panasonic has published 7 articles and exhibited products and technologies under 10 themes to actively call attention to Panasonic’s prowess in a wide range of Intelligent Transport Systems (ITS) from onboard solutions to infrastructure systems. Panasonic’s… Continue reading Panasonic Showcasing 10 Themes and Has Published 7 Articles at ITS World Congress Melbourne 2016
ITS World Congress 2016 Panasonic Concept Movie
ch.06 Oct 12, 2016 [embedded content] views This is Panasonic’s automotive business concept movie introduced at the ITS World Congress 2016 in Melbourne, Australia. …Load More Related Link Recommended Videos Quick Questionnaire Go to Source
Flash Report: Panasonic at ITS World Congress 2016 #ITSWC16
ch.06 Oct 12, 2016 [embedded content] views Panasonic showcases its latest technology and solutions for connected vehicle at ITS World Congress 2016 held in Oct 10-13, 2016, Melbourne, Australia. …Load More Related Link Related Videos Recommended Videos Quick Questionnaire Go to Source
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