Category: Uber

Indian bike taxi service Rapido raises $52 million

Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C —…

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Extra Crunch roundup: Influencer marketing, China’s tech clampdown, drafting growth teams

Before you hire a marketing consultant who doesn’t understand your products or commit to a CMO who has several years of experience — but none in your sector — consider influencer marketing. If the phrase evokes images of celebrities hawking hard seltzer, think again: An influencer can be as humble…

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Product School raises $25M in growth equity to scale its product training platform

Traditional MBA programs can be costly, lengthy, and often lack the application of real world skills. Meanwhile, big global brands and companies who need Product Managers to grow their businesses can’t sit around waiting for people to graduate. And the EdTech space hasn’t traditionally catered for this sector. This is…

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Felt raised $4.5 million to get you to ‘think in maps’

From vaccine distribution plans to fire trackers to bar crawls for your best friend’s birthday, maps help people visualize space and express impact. And Felt, a new Oakland-based startup co-founded by Sam Hashemi and Can Duruk, is on a mission to make the medium more mainstream. Felt is a collaborative…

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Cities can have flying cars if they start working on infrastructure today

Nimrod Golan-Yanay Contributor Nimrod Golan-Yanay is the CEO of Urban Aeronautics, the Israel-based aerospace company behind the world’s first wingless, eco-friendly and compact aircraft fleet designed specifically for dense urban environments. Nearly everyone knows the pain of sitting in traffic watching valuable minutes tick by. Just as bad is the…

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How Uber plans to rebound from massive Q2 losses stemming from driver incentives

Uber’s second quarter earnings revealed greater than expected losses, in large part due to the company’s massive $250 million stimulus package launched in April to incentivize drivers back onto the app after a pandemic-induced shortage.  The company reported a loss of $509 million before EBITDA. For comparison, Lyft reported a…

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