The first month of the new year was marked by large and notable deals in the transport sector.
The transportation sector kicked off 2018 with multimillion and billion-dollar deals in the first month of the year. The following is a summary of the top transport and mobility related deals publicised us in January.
China-based e-commerce firm Alibaba was reported to have bought $3bn worth of shares in China-based bicycle rental platform Ofo at a $10bn valuation. According to local reports, the stake was likely held by GSR Ventures, the venture capital firm that backed Ofo at series A,…
