Transport

Uber To Sell Bonds Worth $1.2B To Fund Careem Acquisition

Voyage Snags $31 Million As It Targets A Self-Driving Niche: Retirement

Electric Truck Unicorn Rivian, Backed By Amazon And Ford, Lands $350 Million

Billionaire Li Shufu Buys Stake In Volocopter, Aims To Launch Flying Taxi

Dubai Metro Records 1.5 billion Passengers In 10 Years

Uber And Careem’s Cheapest Options In Dubai Are Now No More

John DeLorean Reinvented The Dream Car. Then He Totaled It.

The Roads Less Traveled: NEXT Trucking's Path To A Lucrative Niche—And A $500

Transport Now

5 days ago

Uber To Sell Bonds Worth $1.2B To Fund Careem Acquisition

Uber said it would buy Careem in March and the deal is expected to follow through in the first quarter of 2020.
By Jamila Gandhi 5 min read
5 days ago

Voyage Snags $31 Million As It Targets A Self-Driving Niche: Retirement Communities

The Silicon Valley startup that operates low-speed self-driving vehicles in enclosed environments will use the funds to expand its robotic fleet and engineering team.
By Alan Ohnsman 4 min read
1 week ago

Electric Truck Unicorn Rivian, Backed By Amazon And Ford, Lands $350 Million Investment From Cox

Cox Automotive is investing in the rechargeable truck startup that's raised at least $2 billion and may partner with it on service, logistics and other business operations.
By Alan Ohnsman 6 min read
1 week ago

Billionaire Li Shufu Buys Stake In Volocopter, Aims To Launch Flying Taxi Service In China

His Zhejiang Geely Holding Group is leading a $55 million investment round in the German company, which is developing an electric multirotor air taxi that it aims to launch by 2022.
1 week ago

Dubai Metro Records 1.5 billion Passengers In 10 Years

In August, the RTA announced that Dubai Metro was used by 18.1 million riders in the first half of 2019.
By Samar Khouri 6 min read
2 weeks ago

Uber And Careem’s Cheapest Options In Dubai Are Now No More

Both services were reportedly were part of a pilot project that was sanctioned by the regulator RTA.
By Mary Sophia 4 min read
1 month ago

John DeLorean Reinvented The Dream Car. Then He Totaled It.

John Zachary DeLorean was a flamboyant, aggressive business executive who tried, and failed, to create the greatest sports car the world had ever seen.
By Chuck Tannert 45 min read
1 month ago

The Roads Less Traveled: NEXT Trucking's Path To A Lucrative Niche—And A $500 Million Valuation

NEXT Trucking has raised $125 million from VCs like Sequoia Capital—most recently at a $500 million valuation—for its four-year-old smartphone app.
By Alan Ohnsman 12 min read