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Jon Russell / TechCrunch:
Lalamove, a Hong Kong-based on-demand delivery startup, has closed a $300M funding round split into two tranches, says it has been valued over $1B for some time   —  Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia.
Feb 20, 2019, 8:45 PMIn context
Andrew J. Hawkins / The Verge:
Uber and GM's Cruise open source their self-driving car visualization software, a rare move in the hyper-competitive autonomous world   —  ‘See’ the world of a self-driving car with these free web portals  —  By now you've probably seen those top-down graphical images of a self-driving car …
Feb 19, 2019, 3:18 PMIn context
Ananya Bhattacharya / Quartz:
In the rivalry between Uber and Ola in India, Ola is relying on global expansion and acquisitions while Uber is using innovation to solve local problems   —  This post has been updated.  —  Six years into their fierce rivalry in India, call-taxi majors Ola and Uber are still trying …
Feb 18, 2019, 6:40 AMIn context
Andrew J. Hawkins / The Verge:
Uber sues New York City over the law that caps the number of ride-hail cars and pauses the issuance of licenses to drivers for 12 months starting last August   —  The city's approach amounts to a ‘ban first, study later’ approach, Uber says  —  Uber filed a lawsuit on Friday to overturn …
Feb 15, 2019, 4:45 PMIn context
Kia Kokalitcheva / Axios:
Uber reports Q4 revenue of $3B, up 24% YoY, gross bookings of $14.2B, up 37% YoY, and adjusted EBITDA losses of $842M, up 88% YoY and 60% QoQ   —  Uber on Friday released its latest quarterly financials, likely its last before formally filing to go public. showing continued growth and investment in areas like UberEats.
Feb 15, 2019, 1:28 PMIn context
Erin Griffith / New York Times:
CB Insights identifies 50 startups that might become unicorns, many of them niche software startups focused on farming, banking, and life sciences   —  Uber and Airbnb were part of an early generation of tech start-ups that quickly reached $1 billion in value.  The up-and-coming generation is looking very different.
Feb 13, 2019, 12:55 PMIn context
Kyle Wiggers / VentureBeat:
Uber releases Ludwig, an open source AI toolbox built on top of TensorFlow that allows users to train and test AI models without having to write code   —  Want to dive earnestly into artificial intelligence (AI) development, but find the programming piece of it intimidating?  Not to worry — Uber has your back.
Feb 11, 2019, 12:20 PMIn context
Klint Finley / Wired:
Overview of how Facebook's open source projects, including Cassandra, GraphQL, the Open Compute initiative, PyTorch, and React, have changed computing   —  OVER THE PAST 15 years, Facebook has changed the way we keep in touch with friends, how we feud with family members, how we think about privacy …
Feb 10, 2019, 8:30 PMIn context
Tim O'Reilly / Quartz:
Hoffman and Yeh's “Blitzscaling” offers practical advice for startups but presents a lot of revisionist history and ignores the perils of VC-fueled hypergrowth   —  The pursuit of monopoly has led Silicon Valley astray.  —  Look no further than the race between Lyft and Uber to dominate the online ride-hailing market.
Feb 9, 2019, 5:30 PMIn context
Megan Rose Dickey / TechCrunch:
JUMP says more than 63,000 people took 625,000 rides on its bikes in San Francisco in the past year and each bike saw an average of seven rides per day   —  In the past year, more than 63,000 people took 625,000 rides on JUMP bikes in San Francisco, JUMP announced today.
Feb 8, 2019, 1:35 PMIn context

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