PYMNTS

AUGUST 7, 2020

With the latest funding, Buckle has expanded its target customer base to include transportation network companies and other service providers in the transportation arena including taxi and limo services. Rippling recently announced a $145 million Series B funding round , raising the firm’s valuation to $1.35

B2B 100

B2B Transportation Startups Investments 100

PYMNTS

APRIL 26, 2019

The rise of Uber, Lyft and other ridesharing services on the corporate expense report represented a significant shift in the ground transportation sector and how business travelers embrace such on-demand services. Now, data from T&E solution provider Certify has identified another shift in this market. percent of all expenses in Q1. .”

Transportation 60

Transportation Valuation Accounting Marketing 60

Musings on Markets

JANUARY 26, 2023

I am not much of a car person and view cars primarily as a mode of transportation. Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company.

Valuation 98

Valuation Investments Manufacturing Marketing 98

Barry Ritholtz

MARCH 6, 2023

Venture-capital investments are plunging, along with valuations of prepublic companies. FiveThirtyEight ) • When Suburbs Go to War With Transit : A battle over building a housing development near a Baltimore light rail station illustrates why it’s so hard to make viable public transportation in the suburbs.

Transportation 113

Transportation Valuation Investments Marketing 113

PYMNTS

FEBRUARY 7, 2019

Aurora’s valuation is now at $2.5 It doesn’t necessarily mean the transportation of just people, as it could be applied to the transportation of goods. The announcement follows a $90 million funding round in February of 2018 from Index Ventures and Greylock Partners, bringing the total amount raised to around $620 million.

Startups 68

Startups Transportation Valuation Investments 68

PYMNTS

JULY 10, 2020

While the investment isn’t yet official, reports noted that it would propel Taulia’s valuation to as much as $400 million, said Cedric Bru, the firm’s CEO and president, in an interview with The Wall Street Journal. million raised from investors. Colombia’s Liftit announced a $22.5

B2B 77

B2B B2C Valuation SAP 77

PYMNTS

SEPTEMBER 17, 2018

In an interview with the WSJ, founder Markus Villig said the company reached unicorn status in May when it raised $175 million, giving it a $1 billion valuation. Uber meanwhile has 1.3 million active users, reported the WSJ, noting the latter also has operations set up in Egypt and Morocco. Investors in the round included Daimler AG.

Transportation 75

Transportation Valuation Startups Investments 75

PYMNTS

APRIL 15, 2019

Lyft is a self-described peer-to-peer marketplace focused on “revolutionizing transportation” and reducing traffic congestion in cities. For Uber, transportation is a platform feature that is central to its business, but is not its end game. Uber’s valuation is pegged at $100 billion.

Transportation 73

Transportation Healthcare Economics Leverage 73

PYMNTS

FEBRUARY 1, 2019

The rideshare giant has partnered with the Regional Transportation District (RTD) so that users in Denver can find real-time information and directions to local public transportation via the Uber app. Uber has announced that it is launching its first integration with public transit. billion by 2019.

Transportation 43

Transportation Valuation Planning Securities 43

PYMNTS

APRIL 21, 2019

The investment gives Uber ATG a valuation of $7.25 The development of automated driving technology will transform transportation as we know it, making our streets safer and our cities more livable. The investment in the newly formed unit aims to speed up the development and commercialization of automated ridesharing services.

Technology 72

Technology Transportation Valuation Investments 72

PYMNTS

MAY 10, 2019

Last year, noted the WSJ , the valuation had been rumored to be $120 billion, if and when the ride-hailing giant came to market. Lyft, of course, is making its bed with transportation, for good or for ill, and Uber has been branching out in an effort to find ancillary revenue streams, such as with food delivery.

Profit and Loss 61

Profit and Loss Transportation Healthcare Valuation 61

PYMNTS

MAY 5, 2020

Uber is considering upping its investment in a different kind of transportation. billion valuation following the company’s last venture capital round of $310 million in 2019. . TheInformation.com reports that the ridesharing company is in talks to invest $170 million into electric scooter maker Lime with an acquisition option.

Transportation 67

Transportation Valuation Investments Marketing 67

PYMNTS

SEPTEMBER 22, 2019

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. Creditas had a recent valuation of $750 million and said the capital would help it to expand to other Latin American countries. .

Investments 65

Investments Transportation Valuation Startups 65

PYMNTS

JUNE 16, 2017

Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E venture capital funding round with $500 million raised. A separate source told TechCrunch the valuation is now $1.2 Transportation is supply-constrained.”.

Transportation 40

Transportation Valuation Startups Leadership 40

PYMNTS

OCTOBER 17, 2018

Financial Times , citing two people familiar with the matter, reported that Uber has already received expressions of interest from would-be investors, and may opt to spin off its Advanced Technologies Group into a standalone unit with its own valuation.

Transportation 59

Transportation Valuation Technology Marketing 59

PYMNTS

MAY 26, 2020

Hong Kong’s Meituan , a food delivery service, hit a valuation of $100 billion on Tuesday (May 26) as shares soared, according to TechCrunch. Meituan focuses on food delivery as well as smaller operations in travel and transportation, according to TechCrunch. Meituan is now only the third Chinese firm to achieve that high of a value.

Profit and Loss 56

Profit and Loss Valuation Transportation Numbers 56

PYMNTS

AUGUST 8, 2019

Back when the Vision Fund was taking its stakes, Uber had a valuation of $69 billion, and reports at the time had pegged the Uber stake as being tied to a valuation around $48 billion. Earlier this year, the company raised $600 million in a funding round, and reports in May pegged overall valuation at $12.6 billion yen ($3.9

Profit and Loss 51

Profit and Loss Valuation Transportation Investments 51

Musings on Markets

SEPTEMBER 19, 2023

In sum, the overall grocery pie is growing slowly, and the slice of the pie that is profit for those in the grocery game is slim, effectively limiting the valuation stories (and values) for every player in that game. Mehta, it is worth noting that he owned only 10% of the outstanding shares in the company in 2022.

Profit and Loss 126

Profit and Loss Valuation Advertising Investments 126

PYMNTS

MAY 8, 2019

This would mean Uber’s valuation on the low end of the range would be $80.53 Many analysts remain skeptical about Uber’s high valuation, especially since rival Lyft has performed so poorly after its IPO. The CEO of the company, Dara Khosrowshahi, has a strong incentive to maintain Uber’s valuation after the IPO. billion and $91.51

Valuation 43

Valuation Transportation Marketing 43

PYMNTS

JUNE 16, 2017

1 billion | Predicted valuation of MobiKwik following funding round. 150 million | Amount raised by transportation startup Careem in its $500 million venture capital Series E funding round. $1 3 billion | Projected Grab valuation if it can raise $1.5 billion.

Valuation 40

Valuation Transportation Startups Numbers 40

PYMNTS

JANUARY 10, 2020

The Silicon Valley transportation startup was founded in 2017 as LimeBike, rolling out with 500 bicycles in Seattle. billion valuation, making it a unicorn. Since then it rebranded as Lime and penetrated more than 120 cities with its electric scooters, electric bikes, pedal bikes and car-sharing systems.

Startups 52

Startups Marketing Transportation Valuation 52

PYMNTS

JANUARY 20, 2020

That plan, however, seemed to take Transport Minister Javier Jimenez Espriu by surprise when he was asked about it by local media. It also seems that perhaps this solution is a bit too out of the box for the transport minister. When asked directly if this was a feasible plan, Jimenez Espriu was far from encouraging.

Transportation 52

Transportation Valuation Sales Planning 52

PYMNTS

DECEMBER 6, 2019

Chime has notched $500 million in a Series E funding round that sent its valuation soaring to $5.8 They then can share a group order link that makes it easier for more than one person to participate in the ordering process. Chime Raises $500M On $5.8B

Valuation 52

Valuation Transportation Retail Accounting 52

PYMNTS

JULY 21, 2020

“It’s become even more important that businesses take extra precautions to enhance the safety of their employees while commuting with corporate taxis — often seen as safer and more efficient alternatives than public transport,” the company said. In May 2019, Gett said it had raised $200 million , putting its valuation at $1.5

Startups 56

Startups Transportation Valuation Planning 56

PYMNTS

FEBRUARY 23, 2018

FlitWays Technology , a company enabling ground transportation booking, is expanding its B2B offering across Europe. 22) said FlitWays is launching its business travel booking tool in London, Milan, Berlin, Paris and Barcelona to address businesses’ ground transportation management and expense management needs in these markets.

Transportation 40

Transportation B2B Valuation Sales 40

PYMNTS

FEBRUARY 6, 2019

billion is twice the company’s previous valuation of $1.1 “This new mode of transport is becoming a part of daily routines, and Lime is leading this space. billion, according to reports. The company said the model they offer has been picking up around the world.

Transportation 55

Transportation Valuation Startups Investments 55

PYMNTS

OCTOBER 1, 2019

Uber, which had a private valuation of $76 billion before its IPO in May, now has a market cap of around $49 billion. billion, down from its last private valuation of about $15 billion. They’ve got to be that A-to-Z for transportation,” Tusk said. Lyft’s market cap is around $11.6

Valuation 44

Valuation Transportation Securities Marketing 44

PYMNTS

FEBRUARY 3, 2020

Wuhan, where the coronavirus outbreak is thought to have begun, is heavily quarantined with sealed off roads and closed public transport. Food companies that are still delivering in Beijing and Shanghai are now sending notes with the order confirming the healthy temperature of the delivery person.

Economics 58

Economics Transportation Valuation Marketing 58

PYMNTS

MARCH 18, 2019

The company offers transportation through established taxi systems rather than the minicab model used by Uber and Lyft, and it expects to become profitable later this year. Gett successfully raised $130 million from companies that included Volkswagen, bringing its total amount raised to $700 million with a valuation of $1.4

Profit and Loss 46

Profit and Loss Valuation Transportation Sales 46

PYMNTS

SEPTEMBER 9, 2019

“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. The city has always been at the heart of the global transportation industry, and we’re eager to continue that legacy.

Investments 43

Investments Transportation Valuation Startups 43

VCFO

MARCH 17, 2023

Ensuring Proper Inventory Valuation When inventory is not valued properly, turnover ratios return false information, affect cash, and cloud understanding of how investment in inventory is affecting the business. Conversely, overstating inventory valuation will lead an organization to think it has too much inventory on hand.

Manufacturing 70

Manufacturing Forecasting Profit and Loss Benchmarking 70

PYMNTS

APRIL 15, 2019

Uber has a valuation of $100 billion at this point, while Lyft’s is not even 20 percent of that – and today’s stock market news certainly will not help that. Take the central difference: For Uber, transportation is a platform feature that is central to its business, but not its end game. Different Models.

Marketing 46

Marketing Transportation Valuation Technology 46

PYMNTS

MAY 23, 2018

If completed, the funding would give the company a valuation as high as $1.5 According to a report in TechCrunch , Mudassir Sheikha, Careem co-founder and CEO, said the new funding round brings the company’s valuation to $1 billion. A separate source told TechCrunch the valuation is now $1.2

Valuation 40

Valuation Transportation Leadership Startups 40

PYMNTS

AUGUST 21, 2019

Bolt raised $175 million last year at a valuation of $1 billion. Bolt said through a spokesperson that after denial by the city transportation authority “we reapplied for a license immediately and have gone through an extremely thorough licensing process that was successfully completed a few weeks ago.

Transportation 47

Transportation Valuation Marketing Planning 47

PYMNTS

FEBRUARY 13, 2019

TuSimple, a driverless truck startup in California, has achieved unicorn status — a valuation of $1 billion— after a series D funding round that brought in $95 million, according to a report by CNBC. . The money will help the San Diego-based company grow its fleet from 12 vehicles to 50 by June of this year.

Transportation 46

Transportation Valuation Manufacturing CFO 46

PYMNTS

NOVEMBER 12, 2019

The new investments put Guangzhou-headquartered XPeng at a valuation of almost $4 billion, the sources told Reuters. The previous funding round put the company’s valuation at $3.57 Smart mobility solutions are replacing traditional transportation. 12), citing sources. We drive change.”.

Startups 40

Startups Valuation Transportation Manufacturing 40

PYMNTS

OCTOBER 1, 2019

Uber, which had a private valuation of $76 billion before its IPO in May, now has a market cap of around $49 billion. billion, down from its last private valuation of about $15 billion. They’ve got to be that A-to-Z for transportation,” Tusk said. Lyft’s market cap is around $11.6

Valuation 40

Valuation Transportation Securities Marketing 40