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Transport

GM pays $500m to hail Lyft

Lyft followed $248m in funding last month with a $500m investment by General Motors, and the two have also formed a strategic partnership.


Jan 5, 2016

2016 outlook: tech to change the world

Technologies that are changing the world and the 2015 venture-backed deals that showcase their potential - today genome editing and quantum computing.

Jan 4, 2016

Silvercar strikes gold with $28m

Strategic partner Audi led the series C round, which will support the expansion of airport car rental app developer Silvercar across the US.

Jan 4, 2016

Chemao revs up with $189m

The second hand automotive marketplace has raised a huge series B round led by conglomerate Zhefu, also its partner in a recently formed car financing initiative.

Dec 31, 2015

Lyft receives $247m by royal decree

The ride hailing company, backed by Alibaba, Rakuten, Didi Kuaidi and Tencent, has raised $247.7m at a $4.92bn valuation, $104m of which was provided by Kingdom Holding.

Dec 30, 2015

Lyft to drive up latest round to $1bn

The ride sharing company has upped its funding target from $500m to $1bn, though it is unclear whether existing backers including Alibaba, Tencent, Didi Kuaidi and Rakuten will reinvest.

Dec 23, 2015

Youxinpai aims to drive away with $400m

Baidu is set to reinvest in used car marketplace Youxinpai, which has raised $430m in the last 15 months.

Dec 22, 2015

Corporate VC in 2015: The Trends, Part Two

We continue our look at the defining trends in corporate venturing this year, including sports and online gaming, new media consolidation and funding for online education providers.

Dec 22, 2015
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