transportation

Competition Concerns Spark UK Probe Into Uber’s Autocab Deal

Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
January 29, 2021  |  ANTITRUST

Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan....

READ MORE >
Today In Payments Around The World: Brazilian FinTech Nubank Notches $400 Million; Didi Chuxing Raises $300 Million For Self-Driving Autos
Today In Payments Around The World: Brazilian FinTech Nubank Notches $400 Million; Didi Chuxing Raises...
January 28, 2021  |  News

In today’s top payments news around the world, Brazilian financial technology firm Nubank has raised $400 million in a Series G funding round, while Chinese...

READ MORE >
United Airlines’ Operating Revenue Drops 69 Pct Amid Pandemic
United Airlines’ Operating Revenue Drops 69 Pct Amid Pandemic
January 21, 2021  |  Earnings

United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. Get the...

READ MORE >
Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
January 20, 2021  |  Ridesharing

Miami-based micromobility startup Bolt, co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings,...

READ MORE >
Pilot Company, RTS Team On Fuel And Factoring For Fleets
Pilot Company, RTS Team On Fuel And Factoring For Fleets
January 11, 2021  |  B2B Payments

To help trucking firms expand their businesses, Pilot Company and RTS Financial (RTS) have teamed up for a fuel and factoring partnership. The firms will...

READ MORE >
Hyundai, Apple Said To Be Ready For Electric Car Agreement By March
Hyundai, Apple Said To Be Ready For Electric Car Agreement By March
January 11, 2021  |  Partnerships

Hyundai Motor and Apple are set to make a new agreement on electric cars by March, Reuters writes, citing local newspaper Korea IT News. Get...

READ MORE >
Rivian Close To Raising Funds At $25 Billion Valuation
Rivian Close To Raising Funds At $25 Billion Valuation
January 06, 2021  |  Investments

Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg...

READ MORE >
Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet
Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet
January 05, 2021  |  eCommerce

In a first, Amazon has purchased Boeing 767-300 wide-body airliners, in this case from Delta Air Lines and WestJet Airlines. The 11 aircraft will join...

READ MORE >