Waymo expands (again), Lilium, Canoo and Nikola down, Uber deeper in South Korea

Waymo expands (again), Lilium, Canoo and Nikola down, Uber deeper in South Korea

#movingpeople is a part of Mobility Business - a consultancy dedicated to "All Things Mobility", focused on growth.


Waymo expanding to Tokyo in 2025. For now only a development program, which has human safety drivers and is in no way commercial. Waymo partnered with the ride-hailing GO app and taxi company Nihon Kotsu as operators. This will be Waymo's first foray outside of the US.?


Lilium - the end. The company has laid off its entire workforce and is discontinuing operations. Lilium, which had €1.5 billion invested in it, has been looking for a buyer after its plea for a government loan was rejected, and it seems that no other backer was ready to step in.?


Uber buys out SK Square’s subsidiary T-map Mobility’s holdings in Wooty, branded as Uber Taxi since March this year, for 60 billion Won, or circa $41M. Wooty was established between the two companies in 2021, with Uber holding 51%, and has been in the red since. Now it will be 100% Uber. The two companies will continue to partner on data.?


For more of this week's stories on #movingpeople, follow this link


Yael Tzur

Partner, TrueBridge Capital Partners

2 个月

Great read as always Barak Sas #movingpeole

要查看或添加评论,请登录

Barak Sas的更多文章

社区洞察

其他会员也浏览了