Mobility around the world — Acquisitions, Investments and IPOs

Before we publish here, we publish on our website. Check out the most important mobility news globally on a weekly basis. This is what happened last week:

BlaBlaCar buys “Less” for undisclosed amount

French startup BalBlaCar acquires another French carpooling platform for an undisclosed amount. The younger company “Less” focuses on short-distance carpooling as opposed to BlaBlaCar’s long distance. The strategy behind the acquisition is to consolidate the rides-haring space and position BlaBlaCar as a top player.

Read more here:

BlaBlaCar Buys Car-pooling Startup LessFrench ride hailing behemoth BlaBlaCar is all set to acquire Less, a Paris based startup that runs car-pooling app by…www.techpluto.com

Bangladesh’s Pathao raises more than $10 million

The motorbike ride-hailing startup Pathao, has recently raised, according to TechCrunch, more than $10 million. The round was led by Indonesia’s ride-hailing and tech unicorn Go-Jek. The money will be used to expand Pathao’s services to more cities in Bangladesh and possibly internationally — the investment from Go-Jek might signal a possible future collaboration between the firms given that the Pathao has stated it would like to expand to countries where Go-Jek is not present.

Read more here:

Bangladesh’s version of Go-Jek raises over $10M in a round led by Go-Jek4.5 billion-valued ride-sharing startup Go-Jek may be busy in Southeast Asia, where it is aiming to step into the gap…techcrunch.com

3 ride-hailing startups plan to launch in Singapore

It seems like many companies are eyeing the Southeast Asian markets after the Uber x Grab deal. This time, Ryde, Jugnoo and MVL are planning to launch ride-hailing services in Singapore to enter the competition as early as this week.

Read more here:

3 start-ups eyeing share of Singapore’s private-car hire marketWith the impending departure of Uber from Singapore, a trio of start-ups have announced plans to start their own…www.straitstimes.com

Is Didi prepping for an IPO?

The Wall Street Journal reported that Didi might, in fact, go public before Uber does. The WSJ mentioned that the Chinese ride-hailing giant is planning to do an IPO as early as this year, at a $70–80 billion valuation. Didi has declined to comment on the matter.

Read more here:

Uber’s China-based rival is reportedly in IPO talksChinese ride-hailing company Didi Chuxing is in talks for a multi-billion-dollar initial public offering that could…nypost.com
Go to Source