Six months ago, remote driving startup Phantom Auto was just a fleck in a crowded sea of companies vying for visibility—and customers—in the nascent autonomous vehicle industry. Today, it’s on the verge of landing deals with automakers, tech companies, and ride-hailing services all racing to deploy autonomous vehicles for public use. Phantom Auto, fresh from… Continue reading Why Self-Driving Car Companies Are Eyeing This Remote Driving Startup
Tag: Didi
Dara Khosrowshahi: How Uber wants to conquer Germany in the second attempt
All articles and backgrounds 06/06/2018 Dara Khosrowshahi How Uber wants to conquer Germany in the second attempt Getty Images for The New York Times Uber boss Dara Khosrowshahi The US-Fahrdienstvermittler Uber continues to conquer the European market – and is purified. Instead of being an aggressive competitor to the taxi industry, Uber wants to establish… Continue reading Dara Khosrowshahi: How Uber wants to conquer Germany in the second attempt
Daimler enters the capital of Taxify
The German Daimler has led the round of financing of 175 million dollars (150.7 million euros) that has closed the Estonian company, an operation that has raised the valuation of the company to more than one billion dollars. The Asian Didi Chuxing, who reached an agreement to enter the capital of Taxify in August 2017,… Continue reading Daimler enters the capital of Taxify
UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp (9984.T) will invest $2.25 billion in General Motors Co’s (GM.N) autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up nearly 13 percent. The move by SoftBank’s $100-billion Vision Fund is one of… Continue reading UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar
Taxify Raises $175M in Funding; Valued at $1 Billion
Taxify, an Estonia-based taxi hailing company, raised $175m in funding. The round, which brings Taxify’s valuation to $1 billion, was led by Daimler, with participation from Korelya Capital, and Taavet Hinrikus, which joined existing investors Didi Chuxing. In conjunction with the funding, Daimler will join Taxify’s board. The company intends to use the funds to… Continue reading Taxify Raises $175M in Funding; Valued at $1 Billion
Uber is in talks to add Waymo’s self-driving cars to its network, CEO says
Uber is in discussions with Alphabet’s Waymo to add the latter’s self-driving cars to its platform, Chief Executive Dara Khosrowshahi said Wednesday. Speaking at the Code Conference in Rancho Palos Verdes, California, Khosrowshahi said that Uber’s relationship with Alphabet-owned Google was improving and that Uber was “having discussions” with Waymo. “You build relationships slowly but… Continue reading Uber is in talks to add Waymo’s self-driving cars to its network, CEO says
Didi-Chuxing-Investment Taxify: Daimler joins Uber rivals
All articles and backgrounds 05/30/2018 Didi-Chuxing-Investment Taxify Daimler joins Uber rivals REUTERS Taxify: The company was founded in 2013 in Tallinn, Estonia The carmaker Daimler participates in the car broker Taxify. The Uber competitor from Estonia announced on Wednesday that it had closed a financing round worth 175 million dollars (more than 151 million euros).… Continue reading Didi-Chuxing-Investment Taxify: Daimler joins Uber rivals
Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation
There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment… Continue reading Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation
UPDATE 1-Daimler leads $175 mln investment in Uber’s EMEA rival Taxify
LONDON (Reuters) – Estonia’s Taxify is set to step up its fight against global rival Uber [UBER.UL] across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler (DAIGn.DE). FILE PHOTO: The Taxify logo is pictured on a taxi cab in Riga, Estonia January 15, 2015. REUTERS/Ints Kalnins/File… Continue reading UPDATE 1-Daimler leads $175 mln investment in Uber’s EMEA rival Taxify
Grab launches a food delivery service in Southeast Asia
Fresh from completing its acquisition of Uber’s Southeast Asia business, ride-hailing firm Grab has officially launched its food delivery business — GrabFood — today. The service is already available in beta in a handful of countries, including Thailand, but now it is available in Singapore (Grab HQ) with plans to reach Grab’s core six markets… Continue reading Grab launches a food delivery service in Southeast Asia