(Adds details, comments) By Anna Rzhevkina and Nadezhda Tsydenova MOSCOW, July 15 (Reuters) – Russian internet company Yandex NV said on Monday its ride-sharing and food delivery joint venture with Uber had agreed to buy intellectual property and local call centres from Vezet group as it plans further expansion in the country. Yandex and Uber… Continue reading UPDATE 1-Yandex, Uber JV to buy Vezet Russian assets in expansion push
Tag: Uber
VW and Ford in self-driving and electric car pact
Volkswagen and Ford have said they will work together on developing self-driving and electric cars in an attempt to reduce costs on new technologies. VW plans to invest $2.6bn (£2.1bn) in Ford’s self-driving unit, which is valued at $7bn. The move comes after the duo said in March they would build vans together. The two… Continue reading VW and Ford in self-driving and electric car pact
A Ford-VW alliance with Argo could redraw self-driving sector
DETROIT, July 11 (Reuters) – An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles. A Ford-VW collaboration with Argo, the Pittsburgh-based start-up that has spearheaded Ford’s self-driving development since 2017, could help reduce the engineering… Continue reading A Ford-VW alliance with Argo could redraw self-driving sector
Now, Next, and Future: Julie Derence
A profile series that introduces our team and showcases what we’re working on. I’m Julie Derence and I am a senior software engineer at Uber ATG working to develop self-driving technology for Uber’s ride-sharing service. In my role at Uber ATG, I’m working as part of the team that is laying the foundation for the… Continue reading Now, Next, and Future: Julie Derence
India’s Rivigo raises $65M to expand its freight and logistics platform
Rivigo, a tech startup in India that wants to build a more reliable and safer logistics network, has raised $65 million as major investors continue to place big bet on opportunities in overhauling trucking system in the country. The Series E round, which has not closed, for the five-year-old startup was led by existing investors… Continue reading India’s Rivigo raises $65M to expand its freight and logistics platform
Why Lyft investor Autotech Ventures won’t touch scooter companies – Business Insider
Autotech Ventures, a San Francisco-based firm with a portfolio valued at nearly $200 million, has made investments in almost every segment of the red-hot transportation space. The fund invested in Lyft three years before its initial public offering this year and has other bets in everything from electric-vehicle charging networks, self-driving-car sensors, and apps that… Continue reading Why Lyft investor Autotech Ventures won’t touch scooter companies – Business Insider
Uber CTO says competing with Didi is ‘very healthy’ despite their complicated relationship
Competing with a company that counts you as an investor is hardly conventional — some might call it strange — but for Uber it’s a situation that is not only normal but essential. That’s according to the ride-hailing giant’s CTO, Thuan Pham, who talked about the complicated rivalry Uber has with China’s Didi Chuxing, which… Continue reading Uber CTO says competing with Didi is ‘very healthy’ despite their complicated relationship
Alphabet’s self-driving car company tests free Wi-Fi and music to entice riders – CNBC
Students use the Waymo driverless vehicles to get to school. Source: Waymo Waymo is rolling out amenities to entice riders to use its self-driving taxis, creating a potential route to profitability in a money-losing industry. The Alphabet subsidiary is testing complimentary Wi-Fi in its robotaxis in greater Phoenix, where hundreds of the company’s identical, driverless… Continue reading Alphabet’s self-driving car company tests free Wi-Fi and music to entice riders – CNBC
Ridecell expands funding round for autonomous ride-hailing platform to $60 million – VentureBeat
Car-sharing, ride-sharing, and ride-hailing companies have something in common: They rely on fairly sophisticated backends to keep fleets up and running on time. Ridecell, which offers one such software-as-a-service (SaaS) solution, has attracted the attention of investors like LG and Sony. The San Francisco startup today announced an extension of the $28 million Series B round… Continue reading Ridecell expands funding round for autonomous ride-hailing platform to $60 million – VentureBeat
CORRECTED-(OFFICIAL)-E-scooters put Swedish start-up on road to positive cashflow
STOCKHOLM (Reuters) – Growing numbers of young people whizzing around Europe’s big cities on electric scooters may represent a nightmare for some pedestrians and motorists, but for Swedish sharing start-up VOI they offer a path to positive cashflow. Electric scooters from Swedish startup VOI and Belin-based Tier sit parked side-by-side in Stockholm, Sweden July 7,… Continue reading CORRECTED-(OFFICIAL)-E-scooters put Swedish start-up on road to positive cashflow