Transportation
On-demand logistics platform Lalamove raises $515M Series E for China expansion
On-demand logistics company Lalamove has raised $515 million in Series E funding, as announced on its website (the company is known as Huolala in China). This round was led by Sequoia Capital China Fund, with participation from Hillhouse Capital and Shunwei Capital--all returning investors.
Singapore-based travel-optimization platform Navisteps secures $1M in pre-Seed round
The travel startup plans to use this fund to expand and add new partner integrations onto its platform and look further into its current expense analytics model
SWITCH 2020 recap: Mobility insights in China – Is China’s EV industry thriving or diving?
Chinese carmakers have long sought to expand overseas amid Beijing’s ambition to build a world-class auto industry, and the baton has now been passed to young Electric Vehicle makers. Are they well-positioned to sustain high growth rates into the future, and can they prove viability in the market?
SoftBank Ventures backs Indonesia logistics startup
Waresix gets $100 million to digitizing the trucking and warehousing industries.
This ‘super app’ from Central America is prepping expansion to Southeast Asia
But it’ll steer clear of competing directly with Grab and Gojek. Here's how.
The Singapore startup building Africa’s ‘super app’
Inspired by Grab and Gojek, Gozem is expanding from rides to a digital wallet.
Victory for Travis Kalanick in Singapore food fight
Grab, Deliveroo do U-turn after Kalanick’s startup complains of unfair competition.
Thailand gets a new ride-hail app
Challenging Grab and Gojek, Europe’s Bolt has just rolled into Thailand’s capital.
