Ola sees FY23 loss narrow by 65% to INR 1,082 crore

The firm’s cab leasing unit Ola Fleet Technologies reported a 17% narrower loss of INR 387 crore, while its grocery unit Ola Stores Technologies also saw its loss decrease to INR 81 crore in FY23, compared to INR 150 crore a year ago. ANI Technologies, the parent firm of ride-hailing major Ola Cabs, saw its… Continue reading Ola sees FY23 loss narrow by 65% to INR 1,082 crore

Car Sharing Market to Reach $17.75 Billion, Globally, by 2032 at 20.16% CAGR: Allied Market Research

Cost saving from car ownership and partnership and collaboration with public transportation providers drive the growth of the global car sharing market. WILMINGTON, Del., Jan. 9, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Car Sharing Market by Vehicle Type (Economy Cars, Mid-Range Cars, and Executive Cars), Application (Private and Business), and Model (Free Float, Stationary,… Continue reading Car Sharing Market to Reach $17.75 Billion, Globally, by 2032 at 20.16% CAGR: Allied Market Research

Car Sharing Market to Reach $17.75 Billion, Globally, by 2032 at 20.16% CAGR: Allied Market Research

Cost saving from car ownership and partnership and collaboration with public transportation providers drive the growth of the global car sharing market. WILMINGTON, Del., Jan. 9, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Car Sharing Market by Vehicle Type (Economy Cars, Mid-Range Cars, and Executive Cars), Application (Private and Business), and Model (Free Float, Stationary,… Continue reading Car Sharing Market to Reach $17.75 Billion, Globally, by 2032 at 20.16% CAGR: Allied Market Research

Vietnam-based digital consumer platform Be raises over $30m

Vietnam-based mobility startup Be Group has raised 739.5 billion dong ($30.3 million) from local brokerage house VPBank Securities in a new funding round, per an announcement. Upon completion of the deal, VPBank Securities, a subsidiary of commercial lender VPBank—Be’s strategic partner—will become a minority shareholder of Be Holdings, the parent company of Be Group. Be… Continue reading Vietnam-based digital consumer platform Be raises over $30m

Zillow Group Reappoints Bill Gurley to Board of Directors

SEATTLE, Jan. 9, 2024 /PRNewswire/ — Zillow Group announced today the reappointment of Bill Gurley, prominent venture capitalist and partner at Benchmark Capital, to the company’s Board of Directors, effective immediately. Gurley previously served on the Board from 2005 to 2015. Zillow Group co-founder and CEO Rich Barton said: Continue Reading Bill Gurley. Photograph by… Continue reading Zillow Group Reappoints Bill Gurley to Board of Directors

Rabbit R1 AI Assistant: Price, Specs, Release Date

The R1 costs $199, though you’ll have to factor in the cost of a monthly cellular connectivity bill too, and you have to set that up yourself. Preorders start today and it ships in late March. This pocket-friendly device is by no means meant to replace your smartphone. You’re not going to be able to… Continue reading Rabbit R1 AI Assistant: Price, Specs, Release Date

CES 2024: HERE and Uber join forces to enhance precise mapping

Together, the two tech giants will help provide safe and more accurate drop-off and pick-up points at locations, including airports, stadiums, arenas and high-traffic areas globally. CES 2024 is off to a showstopping start. Not only has HERE been selected by Uber to drive precise mapping and geolocation functionalities, but HERE location data will also be… Continue reading CES 2024: HERE and Uber join forces to enhance precise mapping

Thunes expands its leadership to accelerate growth

Floris de Kort appointed CEO Peter De Caluwe promoted to Deputy Chairman SINGAPORE, Jan. 9, 2024 /PRNewswire/ — Thunes, the global B2B cross-border payment company, is pleased to announce key changes to its executive leadership team. To further accelerate its growth, Thunes appoints Floris de Kort as its new CEO. Peter De Caluwe has been… Continue reading Thunes expands its leadership to accelerate growth

Latin American Ride-Hailing & Taxi Market Report 2023-2027 Featuring Key Players – Didi Chuxing, Uber, Easy Taxi, Cabify, 99, Beat, and InDrive

DUBLIN, Jan. 8, 2024 /PRNewswire/ — The “Latin American Ride-Hailing & Taxi Market, 2023: Exploring the Evolution of Contemporary Business Models” report has been added to  ResearchAndMarkets.com’s offering. The Latin American ride-hailing market is substantial, reaching $15.1 billion in 2023, with projected growth to $16.4 billion by 2027 Despite competition, growth in user numbers is… Continue reading Latin American Ride-Hailing & Taxi Market Report 2023-2027 Featuring Key Players – Didi Chuxing, Uber, Easy Taxi, Cabify, 99, Beat, and InDrive

Waymo will start testing robotaxis on Phoenix highways

Waymo is about to start testing its driverless passenger vehicles on the highway later this month, a critical milestone for the company that, if successful, will unlock expanded commercial operations.  The company said Monday that its autonomous Jaguar I-Pace SUVs will begin shuttling employees around the freeways in Phoenix, Arizona in just a few weeks,… Continue reading Waymo will start testing robotaxis on Phoenix highways