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Finnish company MaaS Global completes funding round, raising €14.2 million

Finnish company MaaS Global completes funding round, raising €14.2 million

In its recently completed funding round, MaaS Global managed to raise €14.2 million. Significant additional investments were made by Transdev, Veho and Karsan, who are among the Finnish company’s older shareholders. New investors include the Japanese company DENSO and the Turkish company Swiftcom, as well as Toyota Financial Services and Aioi Nissay Dowa, whose investments(…)

Taxify announces strategic partnership with Didi Chuxing

Taxify announces strategic partnership with Didi Chuxing

Taxify, a leading ride sharing company in Europe and Africa, announced a strategic partnership with Didi Chuxing, the world’s leading mobile transportation platform. Under this partnership, DiDi will invest in and collaborate with Taxify to support the latter’s further growth and innovation across its diversified markets. Launched in Estonia in 2013, Taxify is the fastest-growing(…)

Amtrak and Lyft Announce Rideshare Partnership

Amtrak and Lyft Announce Rideshare Partnership

Amtrak and Lyft, the fastest growing rideshare company in the U.S., are making it easier to go more places: “We know most trips don’t start or end at an Amtrak station. This exciting partnership with Lyft is one of the ways we are working to make it easier for travelers to get where they’re going in(…)

Moscow hosts the Fifth International Eurasian Forum ‘TAXI’ on August 3-4.

Moscow hosts the Fifth International Eurasian Forum ‘TAXI’ on August 3-4.

The fifth International Eurasian Forum “TAXI” will be held on August 3-4, 2017 in Moscow. The choice of the city for holding the event is not accidental: the 110-th anniversary of the Moscow taxi – the first taxi in Russia – is celebrated this year. According to the organisers “the purpose of the Forum is(…)

Uber’s internal politics are an even bigger disaster than you thought

Uber’s internal politics are an even bigger disaster than you thought

Internal bickering among Uber board members was so bad that it sent HP CEO Meg Whitman running for the hills (see below) and appears to have stymied the company’s attempts to find a replacement for disgraced founder Travis Kalanick, according to a pair of reports over the weekend. While each story offered some nuance and(…)

Meg Whitman (CEO HP) says she’s not going to Uber

Meg Whitman (CEO HP) says she’s not going to Uber

Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that she’s not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot, but she took to Twitter to make it clear that it’s not happening. In a three-part tweet, she concluded that the “rumors” have “become a(…)

Ford’s Chariot shuttles are expanding to New York City

Ford’s Chariot shuttles are expanding to New York City

Ford is adding its largest market yet for Chariot, the crowd-sourced shuttle service that it acquired last September. Chariot began operations in San Francisco, where the former startup ran commuter routes of its branded transit vans, and expanded to Austin after that. In August, it’ll begin service in New York City, with two debut routes(…)

Fastned grows revenues with 119%

Fastned grows revenues with 119%

In a Year on Year (YoY) comparison with the first half year of 2016, Fastned’s volume, revenues, and number of active customers have all shown strong growth in the first six months of 2017: Volume: 398,653 kWh (+125%) Revenues: €186,829 (+119%) Number of active customers: 3,967 (+64%) Highlights: Fastned growth significantly outpaced the market (47.8%(…)

Uber thought it was in a winner-takes-all market. So what went wrong?

Uber thought it was in a winner-takes-all market. So what went wrong?

As the ride-hailing company Uber lurched from one clumsy mess to the next, it had appeared that CEO Travis Kalanick would somehow ride out the storm. His recent resignation is an admission that the company needs to explore new avenues. I wrote recently about tech CEOs who had protected themselves from the usual pressure from(…)

Autonomous cars should not be privately owned, says Zipcar

Autonomous cars should not be privately owned, says Zipcar

Zipcar UK’s general manager has said highly autonomous vehicles should not be privately owned in the future. Jonathan Hampson, the UK-boss of the car sharing company, said Zipcar would adapt its business model to include autonomous vehicles and in the future and would help lead the way with the new technology. He told AM: “For(…)

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