Transportation

The investment makes Bykea one of the most funded startups in the country.

The scooter-sharing firm is looking to expand into five more cities within the next 12 months.

EV maker plans for in-house production to outstrip its supply from Japanese partner.

RedBus expects international business to contribute 30% to its revenue over the next three years, up from the current 7%.

Ride-hailing services from Tencent Map are expected to be expanded nationwide before the National Day holiday.

ST Engineering provides systems for “smart cities” to take control of the overall traffic flow, to predict congestions, and to resolve them.

The young entrepreneurs are planning to enter the last-mile delivery space, and fleet optimization for B2B transport companies.

Waze will lay off 5% of its global workforce, which equates to about 30 people out of its 555-strong global workforce.