Uber is in talks to buy GrubHub in an all-stock deal, The Wall Street Journal reports. According to the WSJ’s sources, GrubHub wants 2.15 Uber shares for each GrubHubs share. Uber first approached GrubHub earlier this year with an offer, but the two companies are still in talks, according to the WSJ. A Bloomberg report… Continue reading Uber is reportedly in talks to buy GrubHub
Tag: Mobility
Lyft: Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150%
SAN FRANCISCO, May 12, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced its intention to offer, subject to market conditions and other factors, $650 million aggregate principal amount of Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant… Continue reading Lyft: Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150%
Voyage Partners with FCA to Deliver Fully Driverless Cars
Integrating our self-driving technology into a purpose-built Chrysler Pacifica Hybrid An AV-Ready Chrysler Pacifica A Necessary Partnership for Driverless Voyage has teamed up with FCA to accelerate Voyage’s deployment of fully driverless cars. We have integrated our self-driving technology into a purpose-built Chrysler Pacifica Hybrid, developed specifically by FCA for the integration of automated technology. Building a… Continue reading Voyage Partners with FCA to Deliver Fully Driverless Cars
Weltmeister Presents Maven, A Concept Car With 497 Miles Of Range
There is probably no car company name that is more self-confident than Weltmeister. When we wrote about it back in 2016, we said Weltmeister meant “World Champion,” but another possible translation is “master of the world.” We have no idea if its latest concept car, the Maven, could rule or teach anyone anything in the… Continue reading Weltmeister Presents Maven, A Concept Car With 497 Miles Of Range
Fiat Chrysler and AV startup Voyage partner on self-driving minivans
Self-driving vehicle startup Voyage said Monday that it has inked a deal with Fiat Chrysler to supply purpose-built vehicles, a partnership that will help accelerate its plan to launch a fully driverless ride-hailing service. Voyage, a three-year-old startup that tests and operates a self-driving vehicle service (with human safety operators) in retirement communities in California… Continue reading Fiat Chrysler and AV startup Voyage partner on self-driving minivans
@Mahindra: Mahindra reimagines automotive retail through Own-Online
Launches India’s most complete, end-to-end online car owning solution that offers a smart, contactless & differentiated experience In 4 simple steps, the customer can avail of online exchange, finance and insurance, personalize & own their chosen Mahindra vehicle Entire network of 270+ dealers & 900+ touchpoints integrated into ‘Own-Online’ for real-time assistance, hygienic home test-drives… Continue reading @Mahindra: Mahindra reimagines automotive retail through Own-Online
Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership
– A new model of integrating connected vehicles, connected homes and connected customers is being developed – New, flexible platform designed to power a future digital mobility lifestyle – New global sustainability programme targets net zero carbon across Lotus operations LONDON, May 11, 2020 /PRNewswire/ — Centrica plc, the parent company of British Gas, and… Continue reading Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership
@Geely: Mon 11 May 2020Lotus and Centrica agree partnership to redesign electric vehicle ownershipCentrica plc, the parent company of British Gas, and British…
Lotus Centrica Partnership [embedded content] Lotus-Evija-Powertrain-Animation.mp4 • A new model of integrating connected vehicles, connected homes and connected customers is being developed • New, flexible platform designed to power a future digital mobility lifestyle • New global sustainability programme targets net-zero carbon across Lotus operations (Hethel, UK – 11 May 2020) – Centrica plc,… Continue reading @Geely: Mon 11 May 2020Lotus and Centrica agree partnership to redesign electric vehicle ownershipCentrica plc, the parent company of British Gas, and British…
@GM: General Motors Prices $4.0 Billion of Senior Unsecured Notes DETROIT , May 7, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM ) announced today t…
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Uber pushes adjusted quarterly profit target to 2021
Uber has pushed its target to achieve a measure of profitability to a quarter in 2021, reversing a decision made just three months ago to move up the goal to the end of this year. Uber will miss its target to reach an adjusted EBITDA quarterly profit in the fourth period of 2020, CFO Nelson… Continue reading Uber pushes adjusted quarterly profit target to 2021