text

Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B

Didi filed to go public in the United States last night, providing a look into the Chinese ride-hailing company’s business. This morning, we’re extending our earlier reporting on the compa

text

Motional CEO hints at an autonomous future in logistics

Motional, the $4 billion joint venture between Aptiv and Hyundai, is exploring the company’s potential involvement in autonomous trucking or logistics, its CEO said today during a live session a

text

Goldman Sachs leads $202M investment in project44, doubling its valuation to $1.2B in a matter of months

The COVID-19 pandemic disrupted a lot in the world, and supply chains are no exception. A number of applications that aim to solve workflow challenges across the supply chain exist. But getting real-t

text

Wayflyer raises $76M to provide ‘revenue-based’ financing to e-commerce merchants

Wayflyer, a revenue-based financing platform for e-commerce merchants, has raised $76 million in a Series A funding round led by Left Lane Capital.“Partners” of DST Global, QED Investors, Speedinvest

text

Facebook co-founder Saverin’s B Capital doubles down on SaaS in China

B Capital Group, the six-year-old venture capital fund formed by Facebook co-founder Eduardo Saverin and Bain Capital veteran Raj Ganguly, is doubling down on China as it looks to allocate $500 millio

text

TikTok gets Finnish kids started in the morning - study

TikTok 'may have been taken over as children's favorite morning entertainment.' /AP/Kiichiro Sato, File The social media video-sharing platform TikTok has significantly altered the morning rou

text

'Less suffering' from COVID eradication policies than mitigation moves

Policies in response to the pandemic have largely been divided between countries that mitigate against the virus and those trying to eradicate it from their borders. /AP/Jorge Saenz According

text

Solar roof-tile and energy startup SunRoof closes €4.5M led by Inovo Venture Partners

SunRoof is a European startup that has come up with a clever idea. It has its own roof-tile technology which generates solar power. It then links up those houses, creating a sort of virtual power plan

text

Chinese envoy stresses sequence of U.S., Iran returning to nuke deal

The sequence in which the United States and Iran return to compliance with the 2015 Iran nuclear deal, or the Joint Comprehensive Plan of Action (JCPOA), is first and foremost a matter of "sense of j

text

Citi Bike rival JOCO brings shared, docked e-bikes to NYC

Move over Citi Bike, there’s a new docked, shared bike service in town — only this one is all electric. Next week, JOCO will be the first shared operator in New York City to launch a network of e-bike

text

China's economy: The past and future 20 years

05:29 Editor's note: In 2001, China joined the WTO. In the same year, Boao Forum for Asia was also founded. The past 20 years have seen China's miraculous economic growth. What's China

text

Optimus Ride partners with Polaris to commercialize electric autonomous vehicles

Autonomous, electric mobility service provider Optimus Ride announced a partnership with powersports vehicle manufacturer Polaris to bring fully autonomous GEM electric vehicles to market. The two wil

text

SpaceX is outfitting it Dragon spacecraft with an observation down for space tourists

SpaceX is set to make a change to its Crew Dragon spacecraft for its forthcoming history-making all-civilian launch, currently set for September 15. That Dragon will replace its International Space St

text

Jean-Claude Juncker criticises EU over Covid vaccine spat with UK

The EU has been overly cautious and budget conscious over Covid vaccines and should step back from waging a “stupid vaccine war” with Britain, the former European commi

text

Finland Seeks to Boost Its 'Crisis Management' Role, Pivot to Africa

According to a cross-party report backed by the country's foreign minister, conflicts on the African continent have a major effect on Europe in general and Finland in p

text

SecurityScorecard snags $180M Series E to measure a company’s security risk

SecurityScorecard has been helping companies understand the security risk of its vendors since 2014 by providing each one with a letter grade based on a number of dimensions. Today, the company announ

text

E-commerce marketing startup Yotpo raises $230M at a $1.4B valuation

Barely more than seven months after its most recent funding announcement, Yotpo is revealing that it has raised another $230 million in a Series F round that values the company at $1.4 billion (post-m