PYMNTS

JANUARY 10, 2020

FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. The company’s backers include Holtzbrinck Ventures, the European Investment Bank, General Atlantic, Silver Lake and German auto giant Daimler. The FREE NOW platform reached 2 billion euros last year.

Transportation 52

Transportation Investments Banking Marketing 52

CFO News

MAY 21, 2024

JSW Cement plans to invest around Rs 3,000 crore to establish a cement manufacturing facility in the Nagaur district of Rajasthan. The investment is expected to create over 1,000 job opportunities and includes a 7-km overland belt conveyor for transporting limestone from mines to the plant.

Manufacturing 40

Manufacturing Investments Transportation Planning 40

Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?

Investments 83

Investments Marketing Accounting Numbers 83

CFO News Room

NOVEMBER 13, 2022

Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise.

Securities 100

Securities Investments Transportation CFO 100

PYMNTS

JULY 22, 2019

and caregivers who aren’t able to transport their loved ones. Within a year, Onward expects to have hundreds of drivers on board, as well as an increase in the number of vehicles that can transport riders in powered wheelchairs. They are all trained in CPR, dementia, and have gone through a background check and car inspection.

Transportation 46

Transportation Numbers Marketing Investments 46

Commercial Credit Group

JUNE 11, 2024

CCG), moderated a panel discussion titled Capital Investments: Choosing Areas for Investment & Where to Get the Capital. During WasteExpo 2024, Kevin McGinn, Sr. VP for Commercial Credit Group Inc.

Investments 52

Investments Construction Manufacturing Transportation 52

Reval

APRIL 10, 2017

New York – April 11, 2017 – Greater Boston’s public transportation agency, the Massachusetts Bay Transportation Authority (“MBTA”), is automating its treasury management function using Reval, the leading Software as a Service (SaaS) solution for treasury and risk management.

Transportation 52

Transportation Treasury Risk Management Forecasting 52

Global Finance

OCTOBER 8, 2024

But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. Angola now owes China approximately $20 billion, mostly on energy and transportation projects. China continues to dominate trade with the continent. billion, up 1.5% Ethiopia’s debt to China stands at around $13.5

Transportation 130

Transportation Economics Investments Restructuring 130

PYMNTS

JULY 14, 2016

When it comes to accepting payments for transportation, London has got something over a lot of other cities around the world: ease of use. That ease of use in paying for transportation has piqued the interest of other cities around the world that could soon begin using London’s technology under a new deal. and international companies.

Transportation 40

Transportation Technology Investments Banking 40

PYMNTS

SEPTEMBER 29, 2020

Supply chain industry payments network PayCargo has landed an Insight Partners-led $35 million investment, according to a Tuesday (Sept. The company will harness the funds to grow international adoption of its digital payments network and speed up investments in its technology, according to the announcement. 29) announcement.

Investments 59

Investments B2B Transportation Communication 59

Global Finance

OCTOBER 29, 2024

This year’s participants are expected to adopt a new target for the collective investment they pledge to make each year toward climate action. Last year, the bank’s annual green finance investment totalled close to €7 billion ($7.3 That target was set at $100 billion in 2009, a goal they only met in 2022.

Finance 111

Finance Transportation Investments Nonprofit 111

PYMNTS

MAY 5, 2017

Fleet payment solutions WEX Company EFS announced this week its recent new business win of irregular route common and contract carrier company Premier Transportation. In an effort to enhance its business needs, Premier is moving its entire payments business to EFS.

Transportation 40

Transportation CFO Investments Technology 40

PYMNTS

SEPTEMBER 22, 2019

SoftBank Group is considering a gamble on Brazil and might advise high-growth firms to invest in the country, Reuters reported on Friday (Sept. Brazil still has room to create more unicorns,” Maciel said, adding that SoftBank sees opportunities in Brazil in the areas of health, logistics, transportation and agribusiness.

Investments 65

Investments Transportation Valuation Startups 65

PYMNTS

SEPTEMBER 6, 2016

South Australia is becoming the first government in Australia to enable residents to pay for public transportation via a smartphone. According to a report , Adelaide is gearing up to run a three-month, proof-of-concept, smartphone-based ticketing system on select transport routes with a controlled test group of users.

Transportation 40

Transportation Technology Planning Securities 40

PYMNTS

JANUARY 10, 2020

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. The transportation system will consist only of electric vehicles. Son met with President Joko Widodo in Jakarta on Friday (Jan.

Investments 53

Investments Construction Transportation Economics 53

PYMNTS

MAY 26, 2020

With funding that will help keep growing its product categories from ridesharing to food delivery and micro-mobility in Africa as well as Europe, Bolt closed a €100m investment round. Naya Capital Management, the investment manager that Masroor Siddiqui started in 2012, made the investment, according to an announcement.

Investments 52

Investments Transportation Sales 52

PYMNTS

JANUARY 17, 2020

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The official reportedly noted that he would talk about the possible investment more with Son at the Word Economic Forum meeting on Monday. and China. .

Investments 52

Investments Transportation Economics Planning 52

PYMNTS

JANUARY 24, 2017

For the first time in two years, China’s economy has accelerated, which the National Bureau of Statistics said was sparked by transport, deliveries and eateries. Reuters noted that the housing market helped the economic growth in the country during the fourth quarter, with property investments increasing 11.1 percent in November.

Transportation 40

Transportation Economics Investments Marketing 40

PYMNTS

OCTOBER 9, 2018

Microsoft and Grab , the on-demand transportation, mobile payments, and online-to-offline services platform in Southeast Asia, announced Monday (October 9) a strategic partnership in which Grab will tap Microsoft’s machine learning and artificial intelligence capabilities.

Investments 60

Investments Transportation Technology Securities 60

CFO News Room

NOVEMBER 30, 2022

The industries with the highest openings are education and health care (2.172 million), professional and business services (1.794 million), trade, transportation, and utilities (1.644 million), and leisure and hospitality (1.578 million). The October result for the private sector is 1.0 percentage points below the March peak.

Transportation 130

Transportation Education Economics Numbers 130

Global Finance

OCTOBER 30, 2024

Fitch upgraded the country’s sovereign rating to investment grade in July, to BBB- from BB+, with a stable outlook, and upgraded several Azeri commercial and banking entities, including SOCAR and ABB, the International Bank of Azerbaijan. of GDP in 2024. He’s gotten away with a lot, and I expect this to continue,” she adds. “He

Investments 105

Investments Transportation Finance Economics 105

PYMNTS

SEPTEMBER 9, 2019

Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

Investments 43

Investments Transportation Valuation Startups 43

Global Finance

OCTOBER 10, 2024

in the first half of 2024, mainly driven by high growth in the mining and transportation sectors as well as in the service sector, despite the sharp decline in the agriculture sector. Byadran Lkhagvasuren: The Mongolian economy grew by 5.6%

Restructuring 98

Restructuring Foreign Exchange Banking Transportation 98

CFO News

MARCH 11, 2024

It is partnering with telecom operators, investing in the mining sector, and offering assistance in space and transportation development. China is expanding its presence in the technology, mining, and energy sectors in West Asian nations with ties to India.

Transportation 52

Transportation Investments Technology 52

PYMNTS

DECEMBER 16, 2019

Uber is planning to ring in 2020 with increased investment in electric bikes and scooters, with an emphasis on Europe, CNBC reported on Monday (Dec. We have seen how beautifully it works with our core business and ride-sharing, and want to invest more and deeper, especially in Europe.”.

Investments 52

Investments Prioritization Transportation Startups 52

PYMNTS

AUGUST 28, 2019

Grab recently announced that it will invest $500 million into Vietnam, and now details about what they have planned for the country are emerging, according to a report. Part of Grab’s mission is to modernize the country’s infrastructure for transportation, and it has partnered with the government to accomplish that.

Investments 45

Investments Transportation Startups Planning 45

PYMNTS

JULY 29, 2019

Japanese investor SoftBank will invest $2 billion over five years in the Southeast Asian ride-hailing firm Grab. A next-generation transportation network is planned, along with an overhaul of how medical care and other essential services are delivered, Grab said on Monday (July 29) in a statement to Reuters.

Investments 43

Investments Transportation Startups Planning 43

PYMNTS

MAY 20, 2019

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according to a report by Reuters. million) to put into the fund.

Investments 43

Investments Banking Transportation Education 43

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. It will also use the funding to invest in its team.

Investments 40

Investments Transportation Cash Management Invoicing 40

PYMNTS

FEBRUARY 2, 2018

Two months after news surfaced that China’s Alibaba wanted to make an online grocery play in India by investing in BigBasket , it appears the deal has finally been made official through a $300 million funding round, Reuters reported. With the funding, BigBasket plans to invest in technology, analytics, infrastructure and marketing.

Investments 43

Investments Transportation eCommerce Planning 43

CFO News

DECEMBER 10, 2023

​"The other piece in ITC Next was getting structural efficiencies out of the investments we had done on ICMLs (Integrated Consumer Goods and Logistics) facilities. Your layers of handling and transportation are reduced, so you bring in efficiencies there," Puri said.

Transportation 52

Transportation Investments 52

PYMNTS

JANUARY 19, 2018

Some are taking an alternate approach to speed up development or add new business lines: They’re simply investing in another company that has already developed the next big thing. The number of automaker-backed investments seems to have skyrocketed overnight. In other words, automakers are just starting to rev their investment engines.

Investments 43

Investments Transportation Startups Finance 43

PYMNTS

AUGUST 1, 2018

Grab, a ride-hailing company in Southeast Asia, is gearing up to announce it has landed $1 billion in a new investment, which will be used to expand its payments unit. It said earlier this year that it would launch Grab Ventures, where it would invest in sectors as far-flung as transport and food services, Reuters reported.

Investments 40

Investments Transportation Leverage Startups 40

PYMNTS

AUGUST 15, 2019

The size of the investment was not disclosed. The company has a valuation of more than $1 billion, and it’s also working with Amazon on that company’s transportation infrastructure. “But the technology has a ton of implications today.”. TuSimple said in February that it raised $95 million in a round that was led by Sina.

Investments 40

Investments Transportation Valuation Economics 40

CFO News Room

FEBRUARY 6, 2022

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. In terms of investments, roads and railways have seen a significant increase in outlays, with y-o-y increase of over 50%.

Budgeting 130

Budgeting Leverage Transportation Investments 130

PYMNTS

FEBRUARY 28, 2020

WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 Liil Ventures led the round, and previous investors Global Innovation Fund and Goodwell Investments also participated. million in a Series A funding, according to a report by TechCrunch.

Startups 65

Startups Transportation Economics Investments 65

PYMNTS

FEBRUARY 22, 2017

Where the Investment Tracker logged anemic activity barely above the triple-digit level two weeks ago, in this past week PYMNTS saw a relatively staggering volume of fund flows. billion, was tied to a single deal, as SoftBank spent that amount to acquire Fortress Investment Group. What a difference a week makes. billion in total.

Investments 49

Investments Transportation Manufacturing Leverage 49