Consequently the Indian firm will shut down its app Trail Answers
By Heather Somerville
European ride service Gett has bought U.S. rival Juno for $200 million in a deal that further consolidated the ride-hailing industry and that some said short-changed Juno drivers. Gett, an on-demand ride service that is a partner of automaker Volkswagen, said on Wednesday it had bought New York-based startup Juno. The… Read more »
Car electronics supplier Delphi Automotive Plc went coast-to-coast in 2015 in a self-driving Audi Q5 sport-utility vehicle to prove the autonomous automobile had arrived. Now, Delphi is shifting from stunts to selling. In Las Vegas this week at CES, formerly known as the Consumer Electronics Show, the company will give… Read more »
In the first of a multi-part series, Mint profiles the 40 most influential people in India’s start-up ecosystem. While e-commerce influencers still dominate the list, there are a handful of new entrants, most prominently those connected with enterprise software or Software as a Service (SaaS) start-ups that are fast becoming… Read more »
Volkswagen AG said on Thursday it was in talks with China’s Didi Chuxing to set up a high-end car hailing service venture in China, the latest in a rush of tie-ups between automakers and technology firms seeking to profit from new ride services. Didi Chuxing is China’s largest ride-hailing company,… Read more »
Car makers have rushed to invest in so-called mobility services, hoping to capture the potential trillions of dollars in revenue from selling both vehicles and such on-demand services, while carving out a stake in the industry dominated by Uber.
Feezu, whose Chinese name translates as “micro car rental,” allows users to rent vehicles for as little as 10 minutes. The app differs from services like Uber and Lyft that primarily hail cars with drivers.