Careem, Uber’s Middle Eastern rival, closes a $500Mn round at a valuation of over $1Bn

Uber is going through tough times already and its competitors in various…

Daimler and Bosch collaborate to bring fully autonomous cars to urban roads by early 2020s

Most tech and automobile giant are presently engrossed in building their self-driving…

Chinese automaker Chery files complaint against Mercedes over the “EQ” branding

China will soon play host to a trademark battle. Chinese automaker Chery…

Daimler spearheads $82Mn investment to bring ChargePoint’s EV charging network to Europe

Electric vehicle (EV) charging network ChargePoint has managed to rake in $82 million in…

To counter Uber’s growing European presence, Daimler’s MyTaxi acquires rival Taxibeat

Uber’s growing influence is forcing a lot of consolidation across the ride-hailing landscape. In…

Uber’s platform will play host to Daimler’s self driving cars

Uber has entered into an alliance with Daimler, which will allow the…

Rolling delivery drone startup Starship Technologies secures $17.2Mn in seed funding

According to a report by the WSJ, Daimler has led a new…

BMW and Daimler may collaborate to give Uber a run for its money

With Uber acing the cab service and ride-sharing business, automakers BMW and…

Daimler expresses regret after an employee misbehaves in China

Daimler, a multinational automotive corporation and the Mercedes-Benz  parent, is facing a public…