Travel

  • Magna invests in Lyft’s autonomous driving project

    Lyft has struck another new alliance in the increasingly complex industry of autonomous driving, with leading car supplier Magna. As part of the deal, Magna is investing...

  • A flying car start-up backed by Larry Page

    A flying car start-up backed by Google founder Larry Page has been secretly testing an electric autonomous aircraft for several months in New Zealand, the company revealed...

  • $100 million to fuel a six-month-old start-up

    Bird Rides, a six-month-old start-up that runs a “dockless” electric scooter sharing service in Los Angeles, has raised $100 million to fuel its expansion, as investors...

  • Long-haul airlines are facing low cost competition

    Virgin Atlantic is fighting back against the rise of low-cost competitors with its first hand-baggage only ticket for those wanting a cheap flight across the Atlantic. The...

  • Airbus has bested Boeing for making cash

    Airbus has already bested US arch-rival Boeing on aircraft orders. Now the Franco-German group is vying to show the same talent for making cash. A record...

  • Didi Chuxing is expanding into the glutted bike-sharing sector

    China’s ride-hailing leader Didi Chuxing is expanding into the glutted bike-sharing sector, putting pressure on incumbents — including Didi-backed ofo. After acquiring Uber’s China arm in 2016,...

  • Didi Chuxing has acquired the Brazilian rival to Uber

    Didi Chuxing, the Chinese car-booking group, said yesterday that it has acquired 99, the Brazilian app, potentially providing more firepower for a rival to Uber in...

  • Uber has ceded territory to Lyft at a remarkable rate

    Its share of the ride-hailing market has surged. 2018 should see the company deploy self-driving cars to passengers for the first time. The name of this...

  • Daimler has bought Chauffeur Privé

    Daimler has bought a majority stake in Chauffeur Privé, a car-booking start-up that has positioned itself as an alternative to Uber in France, as the carmaker seeks...

  • Didi Chuxing’s last valuation is $56 billion

    Chinese ride-hailing platform Didi Chuxing has raised $4 billion in its latest round of investment as it readies itself to push beyond China’s borders. The last funding...

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