Cairo based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers. The B2B e-commerce company raised a $6.2 million seed-investment co-led by Beco Capital and 4DX Ventures. Others co-leaders included 500 Startups, Endure Capital, and Outlierz Ventures. Founded in 2018, MaxAB has built a digital platform to manage procurement and… Continue reading MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets
Tag: Uber
Uber granted two-month extension to London licence – The Guardian
Uber Transport for London again rejects ride-hailing firm’s application for a full licence Uber’s current licence is due to expire on Wednesday night. Photograph: Henry Nicholls/Reuters Uber’s application to renew its private hire operating licence in London has been rebuffed again by regulators. Transport for London has instead given the ride-hailing firm only a two-month… Continue reading Uber granted two-month extension to London licence – The Guardian
UPDATE 1-Uber sues New York City over new ‘cruising and licensing caps
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Uber Technologies Inc sued New York City on Friday, seeking to void a new rule limiting… Continue reading UPDATE 1-Uber sues New York City over new ‘cruising and licensing caps
Egyptian tuk-tuk start-up Halan to expand to Ethiopia
CAIRO (Reuters) – Halan, an Egyptian technology start-up that uses two- and three-wheeled vehicles to transport passengers and goods, will begin operating in Ethiopia before the end of 2019, its chief executive told Reuters. Mounir Nakhla, founder and CEO of Halan, is seen during an interview with Reuters in Cairo, Egypt September 17, 2019. REUTERS/Yousef… Continue reading Egyptian tuk-tuk start-up Halan to expand to Ethiopia
Hello, Texas!
Data collection beginning in downtown Dallas By: Austin Geidt, Head of Uber ATG Strategy We’re on a mission to deliver safe self-driving technology to Uber riders around the world. Uber Advanced Technologies Group has already started this journey in Pittsburgh, San Francisco, and Toronto. Today, we’re adding another city to that list 一 Dallas, TX.… Continue reading Hello, Texas!
Fair Closes $500 Million to Unlock Rideshare Supply and Scale Subscriptions
SANTA MONICA, Calif., Sept. 17, 2019 /PRNewswire/ — In a transaction designed to sharply scale its rapidly growing Uber partnership, vehicle subscription app Fair today announced a $500 million revolving credit facility led by Mizuho Bank that will allow drivers nationwide to access a rideshare-ready Fair car, regardless of credit. SoftBank Group Corp. (“SBG”) is among… Continue reading Fair Closes $500 Million to Unlock Rideshare Supply and Scale Subscriptions
Self-driving truck startup TuSimple raises additional $120 mln
DETROIT (Reuters) – Self-driving truck startup TuSimple said on Tuesday it raised an additional $120 million from investors to be used to expand long-haul services for truck fleets and jointly develop an autonomous commercial vehicle with truck makers and suppliers. TuSimple said the new funds were part of a round of fundraising that was oversubscribed… Continue reading Self-driving truck startup TuSimple raises additional $120 mln
Krafcik at the IAA 2019
The head of Waymo, John Krafcik, also spoke at the IAA. It is planned to promote the automation of trucks. At the IAA first spoke the CEO of Waymo, John Krafcik, Only in the connection spoke the Chancellor Angela Merkel. John Krafcik promoted autonomous driving and Waymo’s method of implementation. He began with the benefits… Continue reading Krafcik at the IAA 2019
DriveItAway’s Dealer Subscription Program to Serve Business Fleets
DriveItAway Inc., with a car dealer focus on shared mobility, has introduced a new turnkey vehicle subscription and monthly rental program for its dealer partners. The existing DriveItAway platform was created for car dealers who are looking to provide shared mobility options to facilitate temporary rental vehicles for ride share, “gig” drivers. It now includes… Continue reading DriveItAway’s Dealer Subscription Program to Serve Business Fleets
JUMP pulled its bikes from a number of markets in the last few months
Uber-owned JUMP pulled its bikes and scooters from a handful of markets over the last few months. The latest city affected is San Diego, where JUMP’s bikes and scooters will no longer be available as of September 19, with the exception of two naval bases in the city. “We understand this may have a huge… Continue reading JUMP pulled its bikes from a number of markets in the last few months