Aurora Innovation raises $820M in fresh capital
Capital markets that have been freezing out mobility startups may be thawing with Aurora Innovation raising $820 million in new funding.
Capital markets that have been freezing out mobility startups may be thawing with Aurora Innovation raising $820 million in new funding.
Third-party logistics provider Unique Logistics filed for a public offering, which is expected to raise at least $35.5 million in net proceeds.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
Chief marketing officer, service center manager and executive vice president are named.
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of Uber. The transaction is expected to be completed by Q1 2020.
Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its extensive investment across different niche verticals it has expanded into recently.