Gett
BMW Invests in Carpooling Startup Scoop
| Phenny Lynn Palec | | May 26, 2016 07:19 PM EDT |
German luxury car manufacturer BMW AG announced on May 2 that the company's BMW iVentures, its venture capital arm, will be investing in California-based startup Scoop Technologies, a company that offers smartphone-powered carpooling service. The exact terms of the deal were not disclosed.
Gett Receives $300 Million Investment From Volkswagen
| Phenny Lynn Palec | | May 26, 2016 11:57 AM EDT |
The on-demand transportation market continues to grow, and the latest to steal the spotlight is Gett, a New York-based startup that operates primarily based in Europe. Gett has made the headlines after the startup received $300 million in investment from Volkswagen. The German car manufacturer wants to use the investment to spearhead its on-demand and autonomous cars.
Subscribe to CHINATOPIX !
Sign up for our free weekly newsletter for the latest in-depth coverage!
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?
