(Reuters) – Ride-hailing company Lyft Inc beat bigger rival Uber Technologies Inc in filing for an initial public offering (IPO) on Thursday, defying the recent market jitters and taking the lead on a string of billion-dollar-plus tech companies expected to join Wall Street next year. Lyft’s IPO will test investors’ appetite for the most highly… Continue reading UPDATE 5-Ride-hail firm Lyft races to leave Uber behind in IPO chase
Tag: Mobility
HERE partners with INRIX to move mobility forward
Innovation is at the heart of what we do, and we’re teaming up with a leader in connected car services and mobility analytics to accelerate innovation for next-generation automotive services. Every day, we process millions of changes to our map, drawing on the data we gather from passenger and commercial vehicles, a community of map… Continue reading HERE partners with INRIX to move mobility forward
Accelerating Time-to-Safety for Autonomous Vehicles: Our Investment in Parallel Domain
Accelerating Time-to-Safety for Autonomous Vehicles: Our Investment in Parallel Domain Jim AdlerBlockedUnblockFollowFollowingDec 6 The future of autonomous mobility is bright — and as I’ve written before — we’re backing startups that have launched self-driving shuttles in certain restricted, Operational Design Domains (ODDs), on public roads. Still, there are significant roadblocks to clear for broad Level 4 and 5 autonomy with… Continue reading Accelerating Time-to-Safety for Autonomous Vehicles: Our Investment in Parallel Domain
Wise Systems Raises $7M in Series A Funding
Wise Systems, a Cambridge, Mass.-based maker of autonomous dispatch and routing software for high-performance delivery fleets, raised $7m in Series A funding. The round, which brought total funding raised to date to $8.5m, was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors E14 Fund, Neoteny, Trucks Venture Capital and Fontinalis… Continue reading Wise Systems Raises $7M in Series A Funding
DENSO Invests Nearly $100 Million in Startups to Advance Mobility
KARIYA (Japan) ― DENSO, the world’s second largest mobility supplier, has invested nearly $100 million over a four-year period in startup companies around the world as part of its long-term vision to provide software-based solutions focused on electrification, automated driving, connectivity and shared economy. From cyber security to semiconductors and sensors, DENSO is investing in… Continue reading DENSO Invests Nearly $100 Million in Startups to Advance Mobility
Ride-Pooling: Moia has the mobility concept for the future
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Daimler confirms 2018 group EBIT outlook despite mobility deal delay
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler (DAIGn.DE) said a proposed deal to combine its mobility services company with that of rival BMW (BMWG.DE) will not close this year, forcing the carmaker to lower the outlook for its financial… Continue reading Daimler confirms 2018 group EBIT outlook despite mobility deal delay
Joint mobility company to be established with BMW next year
Completion of transaction expected in 2019 Anticipated earnings effect at Daimler Financial Services to be recognized in 2019 Stuttgart – The planned joint mobility company with the BMW Group is expected to be established at the beginning of next year. This has been agreed by Daimler AG and BMW Group. Following the approval of the… Continue reading Joint mobility company to be established with BMW next year
Ride-hailing firm Lyft Inc files for IPO
(Reuters) – Ride-hailing company Lyft Inc beat bigger rival Uber Technologies UBER.UL in filing for an initial public offering that will test investor appetite for high-profile but loss-making technology companies. An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. Picture taken September 21, 2017. REUTERS/Chris Helgren The… Continue reading Ride-hailing firm Lyft Inc files for IPO
Lyft files IPO documents with SEC
Lyft has filed a draft registration statement with the U.S. Securities and Exchange Commission for its long-awaited initial public offering, Lyft wrote in a press release today. However, the exact timing of the offering is unclear. In a confidential filing with the SEC, Lyft did not state the number of shares it expects to offer,… Continue reading Lyft files IPO documents with SEC