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Ford, China’s Zotye Auto plan JV to build electric vehicles

Ford, China’s Zotye Auto plan JV to build electric vehicles

SHANGHAI (Reuters) – Ford Motor is exploring setting up a joint venture with Chinese firm Anhui Zotye Automobile Co to build electric passenger vehicles in China under a new brand, tapping into a boom for such vehicles in the world’s top auto market. China, struggling with alarming pollution levels in major cities, is aggressively pushing [...]

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Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber

Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber

SINGAPORE (Reuters) – Singapore’s biggest taxi operator, ComfortDelgro Corp Ltd (CMDG.SI), entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab. ComfortDelgro signed a letter with Uber for exclusive discussions to form a potential [...]

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Retail app maker Tulip raises $40 million from Kleiner Perkins, others

Retail app maker Tulip raises $40 million from Kleiner Perkins, others

(Reuters) – Canada’s Tulip Retail, which makes an app for retailers, said on Tuesday it raised $40 million in a funding round led by venture capital firm Kleiner Perkins Caufield & Byers. The Series B funding, which included existing investors such as Jump Capital, gives Kleiner Perkins’ general partner, Mood Rowghani, a seat on the [...]

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