Grab, the ride-hailing firm that acquired Uber’s Southeast Asia business, is aiming to catalyze the early-stage startup scene in Southeast Asia after it launched an accelerator and investment unit called Grab Ventures. The six-year-old company has already made investments and acquisitions — backing startups like Drive.ai and buying Indonesia’s Kudo and India-based iKaaz — and Grab… Continue reading Ride-hailing firm Grab launches new venture to back startups in Southeast Asia
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Grab Launches Grab Ventures To Boost Southeast Asia’s Tech Ecosystem
Singapore, 5 June 2018 – Grab Inc., Southeast Asia’s leading online-to-offline (O2O) mobile platform, today announced the launch of Grab Ventures, the company’s innovation arm aimed at discovering and growing Southeast Asia’s next generation of technology leaders, to promote innovation and digitisation in the region. Grab Ventures will work with private sector firms and government… Continue reading Grab Launches Grab Ventures To Boost Southeast Asia’s Tech Ecosystem
Peugeot Maker Halts Iran Expansion, Yielding to US Sanctions
LISTEN TO ARTICLE SHARE THIS ARTICLE PSA Group, the maker of Peugeot and Citroen cars, has suspended its push into Iran, becoming the latest major European company to pull back after the U.S. canceled a nuclear accord with the Islamic republic. The French automaker has begun closing down its joint ventures with Iranian carmakers Iran… Continue reading Peugeot Maker Halts Iran Expansion, Yielding to US Sanctions
SF Motors invests $160 million to build all-electric SUVs at former Hummer factory
SF Motors is moving ahead with its plan to build electric vehicles at the former Hummer factory in Indiana. This week, the startup is taking over the plant and it announced $160 million in investments to build all-electric SUVs at the factory. Home Solar Power It has been an exciting year for SF Motors, which… Continue reading SF Motors invests $160 million to build all-electric SUVs at former Hummer factory
Difficult last year of office: These five problems must solve Daimler CEO Zetsche
Dieter Zetsche The Daimler CEO is facing major challenges. (Photo: AFP / Getty Images) Stuttgart, Dusseldorf, FrankfurtAll headlights are aimed at him. Before you start, smile Dieter Zetsche again briefly. He finally knows what’s coming. “Hey Mercedes, tell me a joke,” he says Daimler-Chef in front of 400 invited guests at the premiere of the… Continue reading Difficult last year of office: These five problems must solve Daimler CEO Zetsche
PSA a commencé à suspendre les activités de ses JV en Iran
(Actualisé avec contexte) PARIS, 4 juin (Reuters) – PSA a annoncé lundi avoir commencé à suspendre les activités de ses coentreprises en Iran afin de se conformer à la loi américaine d’ici le 6 août et dit être en contact avec les autorités américaines pour envisager une dérogation. Les Etats-Unis ont annoncé le 9 mai… Continue reading PSA a commencé à suspendre les activités de ses JV en Iran
France’s PSA suspends joint ventures in Iran to avoid US sanctions
PARIS (Reuters) – French carmaker PSA Group (PEUP.PA) has begun to suspend its joint venture activities in Iran to avoid U.S. sanctions after Washington’s withdrawal from the international nuclear deal. FILE PHOTO: The Peugeot logo is pictured on the new Peugeot 508 before a news conference of PSA Group to announce the company’s 2017 annual… Continue reading France’s PSA suspends joint ventures in Iran to avoid US sanctions
France’s PSA begins to suspend its joint ventures in Iran
PARIS, June 4 (Reuters) – PSA Group has begun to suspend its joint venture activities in Iran, the French carmaker said on Monday, following the withdrawal of the United States from a nuclear pact signed with the country. European signatories are scrambling to save the accord, which they see as crucial to forestalling an Iranian… Continue reading France’s PSA begins to suspend its joint ventures in Iran
Groupe PSA Position on Its Activities in Iran
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: After signature of the JCPOA1 on July 14th, 2015 and the lifting of international sanctions against Iran on January 16th, 2016, Groupe PSA (Paris:UG) signed joint venture agreements with Iran Khodro on June 21th, 2016 and Saipa on October 6th, 2016. The purpose of these JVs, which are fully compliant with… Continue reading Groupe PSA Position on Its Activities in Iran
Waymo expands autonomous driving partnership with Fiat Chrysler
On the same day of a massive $2.25 billion Softbank investment into General Motors’ Cruise, Fiat Chrysler Automobiles (FCA) is announcing an expanded partnership with Waymo that will add up to 62,000 more Chrysler Pacifica minivans to Waymo’s self-driving car fleet later this year. This isn’t too surprising, given Waymo said earlier this year that… Continue reading Waymo expands autonomous driving partnership with Fiat Chrysler