The much anticipated use of shared bikes as advertising platforms is here: Mobike has partnered with Shanghai Disney to promote deals at the amusement park’s official store in the city. As part of the agreement, the Shanghai-based bike sharing pioneer, valued at US$2 billion, has placed a small number of Micky and Minnie Mouse-themed bikes… Continue reading Bike Sharing As Ad Platform Is Here: Mobike Partners With Disney To Promote Sales
Tag: Financial Results
Alibaba Joins $9M Round In Hong Kong Bike Sharing Firm Gobee.bike
U.S.-based smart hardware focused venture capital firm Grishin Robotics has led a US$9 million series A round in Gobee.bike, a Hong Kong-based bike sharing start-up. Alibaba Entrepreneurs Fund, a non-profit initiative of Alibaba Group Holdings Ltd., also participated in the round, according to a company announcement. Last month, Alibaba led a US$700 million series E… Continue reading Alibaba Joins $9M Round In Hong Kong Bike Sharing Firm Gobee.bike
Panasonic Develops Technologies that Detect, Predict, and Control Drowsiness – Helping You Stay Awake and Alert while Driving, Working, and Studying
[embedded content] Analyzes 1,800 parameters such as blinking and facial expressions to detect even very low, barely noticeable levels of drowsiness. In the past, there have been technologies that prevent drowsiness, which required the driver to wear wearable sensors, and provided vibrations and alerts to help keep them awake. But unfortunately, these technologies also tended… Continue reading Panasonic Develops Technologies that Detect, Predict, and Control Drowsiness – Helping You Stay Awake and Alert while Driving, Working, and Studying
Panasonic Develops Drowsiness-Control Technology by Detecting and Predicting Driver’s Level of Drowsiness
This new technology uses contactless sensing technology to measure the driver’s states and in-vehicle environment Osaka, Japan – Panasonic Corporation announced today that it has developed a drowsiness-control technology for detecting and predicting a person’s level of drowsiness and allowing to stay comfortably awake. This technology, which can help prevent drowsy driving, detects a driver’s… Continue reading Panasonic Develops Drowsiness-Control Technology by Detecting and Predicting Driver’s Level of Drowsiness
Mobike Starts Selling Raincoats In First Attempt To Monetize Via E-Commerce
Shanghai-based bike sharing company Mobike has begin a trial to monetize its vast network of five million bikes around 100 cities globally by selling raincoats at RMB268 (US$39.5) apiece, in its first major attempt to make money outside of charging users for rides. The company, which has raised nearly US$1 billion this year at a… Continue reading Mobike Starts Selling Raincoats In First Attempt To Monetize Via E-Commerce
PSA boss Tavarez expects to hit the black by 2020
It starts troubled time for Opel. CEO Karl-Thomas Neumann is on the go, and the future head boss Carlos Tavares calls a clear deadline for the jump into the profit zone. Opel plant in Kaiserslautern Monday, 12.06.2017 11:25 clock The car manufacturer Opel must after a Acquisition by the French PSA Group quickly head for… Continue reading PSA boss Tavarez expects to hit the black by 2020
KKR-Backed Rundong Automobile Group Plans $138M HK IPO
Jiangsu province-based Chinese automobile dealership company Rundong Automobile Group is planning an IPO in Hong Kong to raise as much as US$138 million, according to an official prospectus. Rundong plans to sell 268.62 million shares at HK$3.58 to HK$3.98 per share, to raise as much as HK$1.07 billion (US$138 million). The proceeds will be used for acquisitions,… Continue reading KKR-Backed Rundong Automobile Group Plans $138M HK IPO
Chinese Phone Maker OPPO Co-Leads $22M Round In EV Sharing Firm Ponycar
Chinese smartphone maker OPPO Electronics Corp. and investment firm Huiyou Capital have led a RMB150 million (US$22 million) funding round in Ponycar, a Shenzhen-based electric vehicle sharing start-up, with participation from Shenzhen-based investment bank China Peakedness. Founded in 2016, Ponycar provides hourly electric vehicle rental services allowing customers to use a mobile app to find… Continue reading Chinese Phone Maker OPPO Co-Leads $22M Round In EV Sharing Firm Ponycar
3i Group Sells Auto Parts Maker To China’s AVIC
London-headquartered middle-market private equity firm 3i Group plc says it has sold its portfolio company Hilite International, a global supplier of highly engineered automotive engine and transmission components, to Chinese state-owned aerospace and industrial company Aviation Industry Corporation of China (AVIC), according to an announcement made by 3i. The US$18.5 billion-under-management 3i Group will receive… Continue reading 3i Group Sells Auto Parts Maker To China’s AVIC
Chinese Car Maker Geely To Acquire 30% Of Danish Financial Firm Saxo Bank
Saxo Bank Group, a Danish multi-asset trading and financial-technology firm, has received an offer from Geely International Hong Kong, a subsidiary of Chinese car maker Zhejiang Geely Holding Group Co., Ltd, to become a major shareholder in Saxo, enabling the bank to capitalize on global growth opportunities, especially in China. Lars Seier Christensen, co-founder of… Continue reading Chinese Car Maker Geely To Acquire 30% Of Danish Financial Firm Saxo Bank