Transportation

The investment marks Jungle Ventures’ first foray into the mobility sector, a vast emerging market in Southeast Asia that awaits the maturity of battery-charging infrastructure.

The pandemic has sapped the income of gig workers in Indonesia. Yet, there are opportunities in the digital economy for those who switch gears quickly.

The company says it transported about 700,000 containers in 2020.

Joe Xia, head of Baidu’s auto arm, believes that software, not hardware, will be the ‘soul’ of personal vehicles.

Accidents involving motorized personal devices (PMDs) on footpaths have decreased by almost 80% in 2020.

SkyTran offers driverless, taxi-like pods that can cut down passengers’ hour-long drive to just a few minutes.

The company is expanding its networks in Southeast Asia, home of the most congested cities.

Companies speed up exports with support of governments despite COVID.