Tag: Uber

Eight Sleep Raises $86M in Series C Funding

Eight Sleep, a Miami, FL-based sleep fitness company, closed an $86M Series C funding round. The round was led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst. Antonio Gracias, Valor’s Founder, CEO, and CIO, joined the Eight Sleep Board. Mr. Gracias sits on the boards… Continue reading Eight Sleep Raises $86M in Series C Funding

Prive has raised $1.7 million to build a more configurable e-commerce subscription platform

Prive, a months-old, San Francisco-based startup founded by two former Uber product managers, just raised $1.7 million in pre-seed funding to create what it describes as a far more customizable e-commerce subscriptions platform for D2C brands. The round was co-led by Patrick Chung and Brandon Farwell at XFund and Ben Ling from Bling Capital, with… Continue reading Prive has raised $1.7 million to build a more configurable e-commerce subscription platform

A note left on a Tesla Model 3 shows just how little people know about electric cars

A note that a “concerned resident” left on a Tesla Model 3 after unplugging it shows just how little people know about electric cars. Studies and polls about electric vehicle adoption have consistently shown that education is one of the most needed things to accelerate the transition to zero emission. Of course, reducing the cost… Continue reading A note left on a Tesla Model 3 shows just how little people know about electric cars

Battery swapping specialist Ample raises $160 million in Series C funding

Battery swapping is an old idea with a troubled history. Better Place, an Israeli startup that was a promising early promoter of EVs, made battery swapping a centerpiece of its strategy—it went bust in 2013. Tesla demonstrated a swapping system for Model S in 2013, but dropped the technology in 2015. Chinese EV startup NIO… Continue reading Battery swapping specialist Ample raises $160 million in Series C funding

Change Suite · 7:18 PM UTCUber proposes industry-wide gig worker benefits model in CanadaUber Technologies Inc on Monday proposed a plan for a flexibl…

Aug 30 (Reuters) – Uber Technologies Inc (UBER.N) on Monday proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery drivers in Canada under which all gig industry players would share data on workers’ hours and earnings. Under the proposal outlined in a company blog post, the fund would provide gig… Continue reading Change Suite · 7:18 PM UTCUber proposes industry-wide gig worker benefits model in CanadaUber Technologies Inc on Monday proposed a plan for a flexibl…

SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO

Indian ride-sharing giant Ola plans to raise up to $1 billion through an initial public offering (IPO) and is finalising banks to advise on the fund-raise, three sources told Reuters, becoming the latest startup to join the capital markets boom. Ola, backed by Japan’s SoftBank Group, has roped in Citigroup, two people with direct knowledge of the… Continue reading SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO

Nothing Can Eat Australia’s Cane Toads—So They Eat Each Other

The cane toad may be the poster animal for invasive species. Native to South America, it has been introduced to many other ecosystems in the hope it would chow down on agricultural pests. Instead, the toad has become a pest itself, most notably in Australia. Free from the predators and parasites in its native range,… Continue reading Nothing Can Eat Australia’s Cane Toads—So They Eat Each Other

US Car & Truck Rental Revenues to Return to Growth as Consumer, Business Travel Rebounds

CLEVELAND, Aug. 27, 2021 /PRNewswire/ — Nominal revenues generated by the US car and truck rental industry are expected to see annual growth of 11% through 2025 from a depressed base in 2020, according to Car & Truck Rental: United States, a report recently released by Freedonia Focus Reports. Excluding the anomalous year 2020, revenues… Continue reading US Car & Truck Rental Revenues to Return to Growth as Consumer, Business Travel Rebounds

New York City approves licences, price controls for food-delivery apps

The New York City Council on Thursday approved legislation to license food-delivery apps including Grubhub, DoorDash Inc and Uber Eats and to permanently cap commissions they can charge restaurants. The companies say the price controls are unfair and vowed to fight them. “This permanent price control is flagrantly unconstitutional and will hurt local restaurants, delivery workers and diners across… Continue reading New York City approves licences, price controls for food-delivery apps