Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?

Investments 82

Investments Marketing Accounting Numbers 82

PYMNTS

JANUARY 10, 2020

FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. The company’s backers include Holtzbrinck Ventures, the European Investment Bank, General Atlantic, Silver Lake and German auto giant Daimler. The FREE NOW platform reached 2 billion euros last year.

Transportation 52

Transportation Investments Banking Marketing 52

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JULY 22, 2019

and caregivers who aren’t able to transport their loved ones. Within a year, Onward expects to have hundreds of drivers on board, as well as an increase in the number of vehicles that can transport riders in powered wheelchairs. They are all trained in CPR, dementia, and have gone through a background check and car inspection.

Transportation 46

Transportation Numbers Marketing Investments 46

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SEPTEMBER 29, 2020

Supply chain industry payments network PayCargo has landed an Insight Partners-led $35 million investment, according to a Tuesday (Sept. The company will harness the funds to grow international adoption of its digital payments network and speed up investments in its technology, according to the announcement. 29) announcement.

Investments 59

Investments B2B Transportation Communication 59

PYMNTS

JULY 14, 2016

When it comes to accepting payments for transportation, London has got something over a lot of other cities around the world: ease of use. That ease of use in paying for transportation has piqued the interest of other cities around the world that could soon begin using London’s technology under a new deal. and international companies.

Transportation 40

Transportation Technology Investments Banking 40

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SEPTEMBER 22, 2019

SoftBank Group is considering a gamble on Brazil and might advise high-growth firms to invest in the country, Reuters reported on Friday (Sept. Brazil still has room to create more unicorns,” Maciel said, adding that SoftBank sees opportunities in Brazil in the areas of health, logistics, transportation and agribusiness.

Investments 65

Investments Transportation Valuation Startups 65

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OCTOBER 2, 2020

a New York investment firm in the logistics sector, led a $500 million Series A preferred stock financing for Uber Freight, putting its value at $3.3 Under the terms of the investment, Uber will retain its majority ownership in Uber Freight. Greenbriar Equity Group L.P. , billion, Uber Technologies Inc. announced Friday (Oct.

Investments 56

Investments Transportation Startups Technology 56

PYMNTS

MAY 5, 2017

Fleet payment solutions WEX Company EFS announced this week its recent new business win of irregular route common and contract carrier company Premier Transportation. In an effort to enhance its business needs, Premier is moving its entire payments business to EFS.

Transportation 40

Transportation CFO Investments Technology 40

CFO News

MARCH 11, 2024

It is partnering with telecom operators, investing in the mining sector, and offering assistance in space and transportation development. China is expanding its presence in the technology, mining, and energy sectors in West Asian nations with ties to India.

Transportation 52

Transportation Investments Technology 52

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SEPTEMBER 6, 2016

South Australia is becoming the first government in Australia to enable residents to pay for public transportation via a smartphone. According to a report , Adelaide is gearing up to run a three-month, proof-of-concept, smartphone-based ticketing system on select transport routes with a controlled test group of users.

Transportation 40

Transportation Planning Technology Securities 40

PYMNTS

JANUARY 10, 2020

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. The transportation system will consist only of electric vehicles. Son met with President Joko Widodo in Jakarta on Friday (Jan.

Investments 53

Investments Construction Transportation Economics 53

PYMNTS

MAY 26, 2020

With funding that will help keep growing its product categories from ridesharing to food delivery and micro-mobility in Africa as well as Europe, Bolt closed a €100m investment round. Naya Capital Management, the investment manager that Masroor Siddiqui started in 2012, made the investment, according to an announcement.

Investments 52

Investments Transportation Sales 52

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JANUARY 17, 2020

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The official reportedly noted that he would talk about the possible investment more with Son at the Word Economic Forum meeting on Monday. and China. .

Investments 52

Investments Transportation Economics Planning 52

PYMNTS

JANUARY 24, 2017

For the first time in two years, China’s economy has accelerated, which the National Bureau of Statistics said was sparked by transport, deliveries and eateries. Reuters noted that the housing market helped the economic growth in the country during the fourth quarter, with property investments increasing 11.1 percent in November.

Transportation 40

Transportation Economics Investments Marketing 40

CFO News Room

NOVEMBER 30, 2022

The industries with the highest openings are education and health care (2.172 million), professional and business services (1.794 million), trade, transportation, and utilities (1.644 million), and leisure and hospitality (1.578 million). The October result for the private sector is 1.0 percentage points below the March peak.

Transportation 130

Transportation Education Economics Numbers 130

PYMNTS

OCTOBER 9, 2018

Microsoft and Grab , the on-demand transportation, mobile payments, and online-to-offline services platform in Southeast Asia, announced Monday (October 9) a strategic partnership in which Grab will tap Microsoft’s machine learning and artificial intelligence capabilities.

Investments 60

Investments Transportation Technology Securities 60

PYMNTS

SEPTEMBER 9, 2019

The Canada Pension Plan Investment Board (CPPIB) invested $115 million in Indian logistics company Delhivery, according to reports. The investment by the CPPIB was worked through the Fundamental Equities Asia Group, and organization that does research and makes investments all around Asia. CPPIB has invested C$9.9

Investments 52

Investments Transportation Startups Finance 52

PYMNTS

SEPTEMBER 9, 2019

Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

Investments 43

Investments Transportation Valuation Startups 43

PYMNTS

DECEMBER 16, 2019

Uber is planning to ring in 2020 with increased investment in electric bikes and scooters, with an emphasis on Europe, CNBC reported on Monday (Dec. We have seen how beautifully it works with our core business and ride-sharing, and want to invest more and deeper, especially in Europe.”.

Investments 52

Investments Prioritization Transportation Startups 52

CFO News

DECEMBER 10, 2023

​"The other piece in ITC Next was getting structural efficiencies out of the investments we had done on ICMLs (Integrated Consumer Goods and Logistics) facilities. Your layers of handling and transportation are reduced, so you bring in efficiencies there," Puri said.

Transportation 52

Transportation Investments 52

PYMNTS

AUGUST 28, 2019

Grab recently announced that it will invest $500 million into Vietnam, and now details about what they have planned for the country are emerging, according to a report. Part of Grab’s mission is to modernize the country’s infrastructure for transportation, and it has partnered with the government to accomplish that.

Investments 45

Investments Transportation Startups Planning 45

PYMNTS

JULY 29, 2019

Japanese investor SoftBank will invest $2 billion over five years in the Southeast Asian ride-hailing firm Grab. A next-generation transportation network is planned, along with an overhaul of how medical care and other essential services are delivered, Grab said on Monday (July 29) in a statement to Reuters.

Investments 43

Investments Transportation Startups Planning 43

PYMNTS

MAY 20, 2019

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according to a report by Reuters. million) to put into the fund.

Investments 43

Investments Banking Transportation Education 43

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. It will also use the funding to invest in its team.

Investments 40

Investments Transportation Cash Management Invoicing 40

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FEBRUARY 2, 2018

Two months after news surfaced that China’s Alibaba wanted to make an online grocery play in India by investing in BigBasket , it appears the deal has finally been made official through a $300 million funding round, Reuters reported. With the funding, BigBasket plans to invest in technology, analytics, infrastructure and marketing.

Investments 43

Investments Transportation eCommerce Planning 43

CFO News Room

FEBRUARY 6, 2022

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. In terms of investments, roads and railways have seen a significant increase in outlays, with y-o-y increase of over 50%.

Budgeting 130

Budgeting Leverage Transportation Finance 130

PYMNTS

JANUARY 19, 2018

Some are taking an alternate approach to speed up development or add new business lines: They’re simply investing in another company that has already developed the next big thing. The number of automaker-backed investments seems to have skyrocketed overnight. In other words, automakers are just starting to rev their investment engines.

Investments 43

Investments Transportation Startups Finance 43

PYMNTS

AUGUST 1, 2018

Grab, a ride-hailing company in Southeast Asia, is gearing up to announce it has landed $1 billion in a new investment, which will be used to expand its payments unit. It said earlier this year that it would launch Grab Ventures, where it would invest in sectors as far-flung as transport and food services, Reuters reported.

Investments 40

Investments Transportation Leverage Startups 40

PYMNTS

AUGUST 15, 2019

The size of the investment was not disclosed. The company has a valuation of more than $1 billion, and it’s also working with Amazon on that company’s transportation infrastructure. “But the technology has a ton of implications today.”. TuSimple said in February that it raised $95 million in a round that was led by Sina.

Investments 40

Investments Transportation Valuation Economics 40

PYMNTS

FEBRUARY 28, 2020

WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 Liil Ventures led the round, and previous investors Global Innovation Fund and Goodwell Investments also participated. million in a Series A funding, according to a report by TechCrunch.

Startups 65

Startups Transportation Economics Investments 65

PYMNTS

NOVEMBER 7, 2018

Hyundai Motor and Grab, the Southeast Asian ride-sharing company, announced a deal Wednesday (November 7) in which Hyundai Motor and Kia Motors will invest an additional $250 million in Grab and create a partnership to pilot electric vehicle programs across the Southeast Asian region. Grab already has a strategic partnership with Hyundai.

Investments 51

Investments Transportation Startups Technology 51

PYMNTS

DECEMBER 8, 2017

has said it will invest $200 million in the company, leading a $280 million funding round and garnering Alibaba a 25 percent stake in the startup. According to Bloomberg, Bangalore-based Bigbasket has been in negotiations with Alibaba for several months over this investment. Chinese eCommerce giant Alibaba Group Holding Ltd.

Investments 40

Investments Transportation Valuation eCommerce 40

CFO News Room

FEBRUARY 5, 2022

for FY23 makes it evident that the government has rightly prioritised public investment, capital spending and growth acceleration. The initiatives announced under the PM Gati Shakti scheme have renewed the focus on public investment to modernise infrastructure. Fiscal deficit target set at 6.4%

Budgeting 130

Budgeting Healthcare Manufacturing Economics 130

CFO News Room

JANUARY 4, 2023

According to the report, “Of the six largest manufacturing sectors, only Transportation Equipment reported increased new orders.”. Bob was formerly the head of Global Equity Strategy for Brown Brothers Harriman, where he developed equity investment strategy combining top-down macro analysis with bottom-up fundamentals.

Manufacturing 130

Manufacturing Economics Transportation Investments 130

PYMNTS

DECEMBER 5, 2018

Coverage includes Grab ’s partnership with SM Investments Corporation (SM) for its mobile wallet in the Philippines. Southeast Asia’s Grab is teaming up with SM Investments Corporation (SM) to expand the use of its mobile wallet in the Philippines , Grab said in an announcement.

Investments 43

Investments Transportation Technology Securities 43

PYMNTS

SEPTEMBER 21, 2016

Those wholesale cars must be transported to physical auctions, placed in lanes with an auctioneer bidding simultaneously in each lane, while harried dealers scurry frenziedly hoping to find the right vehicle in the right line before its number comes up for bidding. Oh, and then all of the spoils must be transported back to the buyer’s lot.

Investments 73

Investments Transportation Compliance B2B 73

Barry Ritholtz

MARCH 6, 2023

Venture-capital investments are plunging, along with valuations of prepublic companies. Lawmakers are trying to restrict these investment choices in workplace retirement plans, but big fund managers are trying to give shareholders a voice. ( The Justice Department just can’t stop filing antitrust suits against Google.

Transportation 109

Transportation Valuation Investments Marketing 109