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How Travel App Blacklane Adapted to a Post-Corona World

July 15, 2020

Based in Berlin, and with hubs located in major cities across Australia, the U.S. and UAE, chauffeur app Blacklane is one of the transport industry’s biggest success stories. The company, which has…

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Toyota Revs Up Flying Car Plans with $394m Joby Funding

January 16, 2020

Japanese automaker Toyota has invested $394 million in Joby, a Californian startup specializing in flying taxis. The 11-year-old tech firm, which boldly markets itself as an air-transportation-as-a-service, adds Toyota’s cash to a…

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Uber’s London License Appeal Begins Today

June 25, 2018

Uber’s appeal to overturn a ban on its operation in London begins today. The hearing, which opens at Westminster magistrates court, is expected to last several days, and represents the latest chapter…

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DiDi Makes Next Move in Ride-Hail ‘Game of Risk’ with Careem Investment

August 8, 2017

China’s DiDi Chuxing has made another big move in the global ride-hailing market, by partnering with Middle Eastern brand Careem. The Dubai-based firm claims to be present in 80 Middle Eastern cities,…

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Is Uber on the Wane? Don’t Bet on it Yet

July 27, 2017

Earlier this week DiDi Chuxing and SoftBank plowed $2 billion into Grab, the largest ride-hailing company in Southeast Asia, valuing it at around $6bn. “Markets everywhere are still at infancy stage with…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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