Transport

The SoftBank-backed automotive e-commerce platform developer priced its initial public offering above the range and hit a $4.8bn valuation yesterday.

The autonomous truck developer's investors include Sina, Navistar, Traton, Nvidia, Mando, UPS, Goodyear, Union Pacific, CN, Kroger and US Xpress.

The BAIC and Taya Media-backed radar imaging system developer will be valued above $720m once the merger with Industrial Tech Acquisitions closes.

Overview of three of the largest initial public offerings (IPOs) from 2020 in which the China-based internet company either scored an exit or increased its stake.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Bosch, SAIC Motor and Toyota were among the investors that co-led a series C round for the driverless software provider that included Mercedes-Benz and Tencent.

Automotive manufacturer Geely and conglomerate SK Group are each chipping in $30m for a mobility-focused investment vehicle.

Existing corporate investor Vorwerk Ventures contributed to an $11.9m round that will support the expansion of Rebike's e-bike rental service.

The electric tractor developer has closed a series A round co-led by corporates Musashi Seimitsu Industry, CNH Industrial and VST Tillers Tractors.

This is the first in a series of quarterly publications for the Global Health Council looking at drug development, healthcare providers such as hospitals and digital health, payments and patient wellness. This first article looks at the implications of the disease treatments coming out of advanced research and artificial intelligence and the broader shift to digitalisation in healthcare. The next issue will focus on the providers of healthcare.