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Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

TechCrunch

It will be using the funds to continue expanding to new geographies and to bring more consumers and partners to its “super app”; and newer business lines, such as its 15-minute grocery delivery option Bolt Market, will be building out ‘dark stores’ in more cities to expand the service beyond the 10 where its active today.

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Treepz founder Onyeka Akumah on how to succeed in transportation tech

TechCrunch

In sub-Saharan Africa, only 33% of the urban population has access to public transportation, compared to 75% in Europe and North America, according to UN statistics. This lack of access to transportation is in stark contrast to other upward metrics on the African continent, like its growing access to equitable education and healthcare.

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Virtual HQs race to win over a remote-work-fatigued market

TechCrunch

By drawing on multiplayer gaming culture, the startups are using spatial technology, animations and productivity tools to create a metaverse dedicated to work. Succulents and spatial technology. The key technology that Branch and others are using to create spontaneity is spatial gaming infrastructure. So far, it has raised $1.5

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The air taxi market prepares to take flight

TechCrunch

A quick peek at comments and posts on LinkedIn reveals squabbles among industry insiders and analysts about when this emerging technology will truly take off and which companies will come out ahead. million, though, of course, neither company has brought a product to market yet. Other disagreements have higher stakes.

Marketing 277
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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey. . Beam’s MARS technology. Advanced rider assistance systems: Tech spawned by the politics of micromobility.

Marketing 250
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SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

TechCrunch

Socar , South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans.

Marketing 245
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RedRoute wants answering customer service calls to be as easy as using ‘Alexa’

TechCrunch

When Brian Schiff, Sam Krut and Jacob Cooper founded the company in 2015, they were still undergraduates at Cornell University and it was initially an Uber-like social transportation app to help people find rides on college campuses where the transportation giant wasn’t operating.