Grab announced today the successful close of its first senior secured term loan facility, after securing commitments from international institutional investors. SINGAPORE, 1 February 2021 – Grab announced today the successful close of its first senior secured term loan facility, after securing commitments from international institutional investors. The facility is structured as a five year… Continue reading Grab Closes US$2 Billion Term Loan Facility
Category: Mobility Companies
Grab launches GrabAssist Plus, expanding its suite of transport services for persons with disabilities in Singapore
GrabAssist Plus allows persons with disabilities to travel to and from partnering healthcare institutions without dismounting from their wheelchairs throughout the journey GrabAssist Plus allows persons with disabilities to travel to and from partnering healthcare institutions without dismounting from their wheelchairs throughout the journey To go live on 8 February, the new service offers an… Continue reading Grab launches GrabAssist Plus, expanding its suite of transport services for persons with disabilities in Singapore
Uber: Uber Eats Announces Prescription Delivery in NYC with Nimble
NEW YORK–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced its plans to expand on-demand prescription delivery in New York City, powered by Nimble. Today’s expansion into the Big Apple follows a successful prescription delivery pilot in Dallas, Austin and Houston, Texas. Through this partnership with Nimble, Uber Eats now connects New Yorkers with on-demand prescription… Continue reading Uber: Uber Eats Announces Prescription Delivery in NYC with Nimble
Grab Financial Group’s fintech leadership recognised in Series A funding round of over US$300 million
Grab Financial Group announced today it has raised over US$300 million in its Series A funding round, led by Hanwha Asset Management. Other investors in the round include K3 Ventures, GGV Capital, Arbor Ventures, and Flourish Ventures. First Series A fundraising, led by Hanwha Asset Management, aimed at further accelerating access to financial services for… Continue reading Grab Financial Group’s fintech leadership recognised in Series A funding round of over US$300 million
Working with comma: A Guide for Car Companies
After Consumer Reports tested our product, we’ve seen a big uptick in reach outs from car companies. Some have understood us better than others. Our mission is to solve self driving cars while delivering shippable intermediaries, and we are very focused on this mission. By solve self driving cars, we mean develop software that’s capable of… Continue reading Working with comma: A Guide for Car Companies
December 10, 2020 ViaVan and Stadtbus Gütersloh GmbH launch new on-demand public transport service “Shuttle – Holt dich ab” expands access t…
December 10, 2020 ViaVan and Stadtbus Gütersloh GmbH launch new on-demand public transport service “Shuttle – Holt dich ab” expands access to affordable, efficient, convenient public transport in Gütersloh December 10, 2020 (GÜTERSLOH) — Book your ride, board your vehicle, and arrive at your destination– that’s how modern public transport works today. “Shuttle – Holt… Continue reading December 10, 2020 ViaVan and Stadtbus Gütersloh GmbH launch new on-demand public transport service “Shuttle – Holt dich ab” expands access t…
December 9, 2020 City of Salem launches the Salem Skipper: on-demand transit for residents, commuters New service will provide fast, easy, a…
December 9, 2020 City of Salem launches the Salem Skipper: on-demand transit for residents, commuters New service will provide fast, easy, affordable rides around Salem, Mass. December 9, 2020 (Salem, Mass.) — The City of Salem takes another step toward being a car-light community on December 16th with the launch of Salem Skipper, a fast,… Continue reading December 9, 2020 City of Salem launches the Salem Skipper: on-demand transit for residents, commuters New service will provide fast, easy, a…
Understanding the openpilot Safety Model
We’ve been seeing questions about if modifications to openpilot violate our safety model or not. The safety model has three main principles. The driver must always be paying attention. The driver must always be capable of immediately retaking manual control of the vehicle. The vehicle must not alter its trajectory too quickly for the driver to… Continue reading Understanding the openpilot Safety Model
E.ON and Clever, Ultra-Fast Charging Venture Scandinavia and Hubject aim to improve the customer experience
Berlin, 7 December 2020 – The partners of the Ultra-Fast Charging Venture Scandinavia and eMobility specialist Hubject have joined forces to make their ultra-fast charging sites available on one EV-charging application across three bordering countries: Denmark, Norway, and Sweden. Forty-eight ultra-fast charging sites (150kW+) will be connected with Hubject’s intercharge platform, the world’s largest cross-provider… Continue reading E.ON and Clever, Ultra-Fast Charging Venture Scandinavia and Hubject aim to improve the customer experience
Uber: Uber Announces Pricing of $1.0 Billion Convertible Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $1.0 billion principal amount of 0% Convertible Senior Notes due 2025 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Uber also granted the initial purchasers of… Continue reading Uber: Uber Announces Pricing of $1.0 Billion Convertible Senior Notes Offering