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Cabify picks up Rakuten for $120m round
Rakuten led Cabify's series C round having already led its $12m series B, and the ride booking platform will use the funding for further expansion in Latin America.
Apr 20, 2016Shuddle comes back down to earth
The Comcast-backed, child-focused ride hailing service has shut down after failing to find investors willing to provide more funding.
Apr 19, 2016Big Deal: Alibaba plunges $1.25bn into Ele.me
Alibaba's ten-figure investments in Ele.me and Lazada last week could signify the ramping up of an investment strategy that has already dramatically grown the e-commerce group's offering.
Apr 18, 2016Renren Kuaidi runs to $50m series B
Delivery service Renren Kuaidi previously secured $15m in a Tencent-led series A round, though the China-based investor in its latest round has not been disclosed.
Apr 18, 2016JD.com ties into Dada Nexus in $200m deal
JD.com has invested $200m in logistics provider Dada Nexus and will merge its own delivery service JD Daojia into the new portfolio company.
Apr 18, 2016RideCell mobilises BMW in $11.7m round
BMW's corporate venturing unit led mobility software developer RideCell's series A round, which will be used to expand its customer base.
Apr 13, 2016Jaguar Land Rover gets InMotion
The car manufacturer has launched an incubator called InMotion that will focus on app development and services around on-demand travel.
Apr 13, 2016UCar confirms $568m Alibaba-backed round
Alibaba invested $432m in the chauffeured car service, which has filed to list on China's NEEQ board, but has transferred its shares to affiliate funds Yunfeng and Yunling.
Apr 13, 2016Featured Content
GCVI Summit 2026 RewindRewatch the sessions, recap the learningsGCVI Summit 2026 Rewind
Rewatch the sessions, recap the learnings
The World of Corporate VenturingGCV's annual report on the state of the corporate investment sectorThe World of Corporate Venturing
GCV's annual report on the state of the corporate investment sector
GCV’s Rising Stars and Emerging Leaders 2026The talent pipeline in corporate venturing shows both momentum and staying power, as the industry comes of age.GCV’s Rising Stars and Emerging Leaders 2026
The talent pipeline in corporate venturing shows both momentum and staying power, as the industry comes of age.
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