Xpeng Motors Partners with Car Rental Platform

Xpeng Motors, an electric vehicle company, has partnered with Xiaoju Car Service, a car rental and maintenance service platform backed by Didi Chuxing. This partnership will form a smart mobility ecosystem, including online car rental, long-term car rental, charging, and auto maintenance services.  The Xpeng-Xiaoju Chinese Lunar New Year car rental service launched in Hangzhou… Continue reading Xpeng Motors Partners with Car Rental Platform

NVIDIA’s TensorRT 7 improves the compiler for conversational AI models

A partnership with Didi Chuxing and new autonomous driving solutions weren’t the only things Nvidia announced at its GPU Technology Conference in Suzhou today. The chip firm took the opportunity to introduce TensorRT 7, the newest release of its platform for high-performance deep learning inference on graphics cards, which ships with an improved compiler optimized… Continue reading NVIDIA’s TensorRT 7 improves the compiler for conversational AI models

Blacklane is on the road to building a profitable on-demand transportation platform

Like it or loathe it, Uber changed the face of modern urban transportation by providing a relatively pain-free way to order a car to take you from A to B. But the company’s growth has done more than catapult Uber into the ranks of the biggest (and most-watched) tech companies: it’s helped open the door… Continue reading Blacklane is on the road to building a profitable on-demand transportation platform

Didi Chuxing Teams with NVIDIA for Autonomous Driving and Cloud Computing

SUZHOU, China, Dec. 17, 2019 (GLOBE NEWSWIRE) — GTC China — NVIDIA and Didi Chuxing (DiDi), the world’s leading mobile transportation platform, today announced that DiDi will leverage NVIDIA GPUs and AI technology to develop autonomous driving and cloud computing solutions.DiDi will use NVIDIA® GPUs in the data center for training machine learning algorithms and NVIDIA… Continue reading Didi Chuxing Teams with NVIDIA for Autonomous Driving and Cloud Computing

Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

Neuron Mobility, a Singapore-based startup, has closed an $18.5 million new financing round as it looks to scale its e-scooter startup in international markets – a month after the nation introduced difficult regulatory changes. The new financing round, dubbed Series A, was funded by GSR Ventures, a venture capital firm that was the first institutional… Continue reading Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

A look at Latin America’s emerging fintech trends

Thiago Paiva Contributor Thiago is a fintech entrepreneur, investor, and columnist. He is currently a product leader at Oyster, a neobank for SMEs in Latin America. More posts by this contributor The battle to become the Mexican Nubank just started The emergence of super apps in Latin America Although the 2008 global financial crisis sparked… Continue reading A look at Latin America’s emerging fintech trends

Europe’s youngest unicorn founder quietly built a $1 billion Uber rival. He explains why Uber’s winner-takes-all strategy is wrong.

Youth is no barrier for the best entrepreneurs, but it can take a long time to convince investors that their view of the market is wrong.Uber, Bolt’s main rival, raised $20 billion before its public float this year to essentially outspend the competition and dominate the markets in which it operates.To date, the firm has raised $244 million, significantly less rivals, from investors including German carmaker Daimler, Chinese ride-hailing giant Didi Chuxing, and Swedish investors Creandum.

Didi Rumored To Acquire Bike Sharing Firm Ofo For $2 Billion

Chinese ride sharing giant Didi Chuxing is rumored to be acquiring bike sharing firm Ofo for around US$2 billion, said a Chinese media report citing a leaked document. Embattled Ofo has been reportedly in deal talks with different parties for the past many months. Speculation of Ofo’s sale to a bigger company intensified after Meituan… Continue reading Didi Rumored To Acquire Bike Sharing Firm Ofo For $2 Billion

99 launches face recognition for 100% of drivers

Technology’s goal is to further enhance the safety of the app’s passengers and drivers 99, the urban transport application that integrates the global company DiDi Chuxing, launched on October 13, 100% of drivers, a facial recognition tool to further enhance the safety of platform races. The system automatically identifies drivers’ faces before they connect to… Continue reading 99 launches face recognition for 100% of drivers