Chinese ride-hailing firm T3 Chuxing has sealed its extended Series A round at 1 billion yuan ($139.9 million), led by local investment firm Hongtai Aplus. The firm, backed by state-owned automakers FAW Group, Dongfeng Motor, and Changan Automobile Group as well as Chinese tech juggernauts Tencent and Alibaba, is pushing a pre-IPO financing round prior… Continue reading Didi’s ride-hailing rival T3 bags almost $140m in extended Series A roundThe firm is pushing a pre-IPO financing round prior to its public listing pla…
Tag: Didi
Chinese online retailer Shein in talks with banks, exchanges for US IPOGoldman Sachs, Morgan Stanley and JPMorgan are among the banks helping it with …
China-founded online retailer Shein is working with at least three investment banks about a potential U.S. initial public offering, and has been in talks with the New York Stock Exchange and Nasdaq, people familiar with the matter said. Goldman Sachs, Morgan Stanley and JPMorgan Chase are among the banks helping Shein with its IPO preparation,… Continue reading Chinese online retailer Shein in talks with banks, exchanges for US IPOGoldman Sachs, Morgan Stanley and JPMorgan are among the banks helping it with …
Global EV Market and the Advancements in Auto-driving Technology Overview 2023: Growth of SAE Level 3 Cars Allowing Drivers to be Hands-Off are Expected to See Significant Growth by 2025
DUBLIN, June 13, 2023 /PRNewswire/ — The “Building a Collaborative Mobility Ecosystem” report has been added to ResearchAndMarkets.com’s offering. This report provides an overview of the global EV market and the advancements in auto-driving technology; explores the development of car cockpits, including in-car displays; examines the influence of ICT technology on the automotive industry from the… Continue reading Global EV Market and the Advancements in Auto-driving Technology Overview 2023: Growth of SAE Level 3 Cars Allowing Drivers to be Hands-Off are Expected to See Significant Growth by 2025
GIC, NewQuest back Everbridge’s $267m continuation fund: ReportThe two have reportedly made roughly equal commitments to the fund.
Singapore’s sovereign wealth fund, GIC, and NewQuest Capital Partners have backed a $267-million South Asia continuation fund by Everbridge Partners, a spinout from Capital Group Private Markets, per a report by AVCJ. The continuation fund follows a previous attempt two years ago when a larger deal involving some of the same assets failed to close… Continue reading GIC, NewQuest back Everbridge’s $267m continuation fund: ReportThe two have reportedly made roughly equal commitments to the fund.
Valeo invests in Didi for robotic cars
In order to provide you with an optimal experience, we use technologies such as cookies to store and/or access device information. If you agree to these technologies, we can process data such as surfing behavior or unique IDs on this website. If you do not give or withdraw your consent, certain features and functions may… Continue reading Valeo invests in Didi for robotic cars
Valeo and Didi Autonomous Driving to jointly develop safety solutions for L4 robotaxis
Valeo and DiDi Autonomous Driving have reached a strategic cooperation and investment agreement to jointly develop safety solutions for robotaxis. On May 29, the two companies announced a future roadmap under which Valeo intends to invest in DiDi Autonomous Driving and the two partners will develop intelligent safety solutions for L4 robotaxis together. Valeo and… Continue reading Valeo and Didi Autonomous Driving to jointly develop safety solutions for L4 robotaxis
Valeo and DiDi Autonomous Driving have reached a strategic cooperation and investment agreement to jointly develop safety solutions…
Valeo Group | 29 May, 2023 | 5 min On May 29th, Valeo and DiDi Autonomous Driving announced a new strategic cooperation and investment agreement. Valeo intends to invest in DiDi Autonomous Driving and the two partners will develop intelligent safety solutions for L4 robotaxis together. Valeo and DiDi Autonomous Driving will bring together their… Continue reading Valeo and DiDi Autonomous Driving have reached a strategic cooperation and investment agreement to jointly develop safety solutions…
SoftBank exploring private credit strategy for late-stage tech startups
SoftBank Investment Advisers, which manages two Vision Funds, is exploring launching a private credit strategy that provides debt or debt-like structured financing for late-stage tech startups, people familiar with the matter told Reuters. The fund aims to offer liquidity options to tech startups, including some of SoftBank’s own portfolios, amid a slow venture funding environment… Continue reading SoftBank exploring private credit strategy for late-stage tech startups
Arbe Announces Q1 2023 Financial Results
TEL AVIV, Israel, May 17, 2023 /PRNewswire/ — Arbe Robotics Ltd. (NASDAQ: ARBE) (“Arbe”), a global leader in perception radar solutions, today announced financial results for its first quarter, which ended March 31, 2023. Key Q1 and Recent Company Highlights: This quarter, significant steps have been taken towards production and revenue growth through collaboration with… Continue reading Arbe Announces Q1 2023 Financial Results
Arbe Announces Q1 2023 Financial Results
TEL AVIV, Israel, May 17, 2023 /PRNewswire/ — Arbe Robotics Ltd. (NASDAQ: ARBE) (“Arbe”), a global leader in perception radar solutions, today announced financial results for its first quarter, which ended March 31, 2023. Key Q1 and Recent Company Highlights: This quarter, significant steps have been taken towards production and revenue growth through collaboration with… Continue reading Arbe Announces Q1 2023 Financial Results