On Thursday, Estonia-based ride-hailing service provider Bolt stated, it has decided to invest $118 million in 2021 and has set a goal to become the biggest e-scooter rental company in Europe. The development comes at a time when cab services have been severely affected by the coronavirus-induced COVID19 pandemic. As part of this strategy Bolt…
On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer. The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35…
Microsoft aims to hire more than 100 local engineers in order to customize its applications for the African market and create new ones that are customized for the continent. In a significant development, Microsoft Corp stated, it will be investing $100 million in Africa in the next five years, so as to open an Africa…
The current agreement, which builds on the 2017 partnership, is aimed at boosting and supporting each other, so that they can better compete in the global EV market. On Wednesday, Toyota Motor Corp and Suzuki Motor Corp stated, they plan on producing electric vehicles (EVs) and compact cars for each other so as to better…
Although its been largely blocked in the United States and Australia, Huawei has reported a surge in shipments to the EMEA region during the first quarter and expects to take the crown of being World No. 1 in sales by the end of 2018. In a significant, Chinese telecom equipment maker Huawei Technologies Co, raised…
The wide-ranging partnership expands the Bollore Group’s and Alibaba’s logistics network such that it can help diversify their respective customer base. On Monday, Vincent Bollore, the CEO of French conglomerate the Bollore Group stated it had signed a global partnership with Chinese e-commerce giant Alibaba. In a statement, both companies said, their partnership covers clean…
Although Chinese military drones look suspiciously similar to U.S. and Israeli ones, drone makers are confident that customers will continue to prefer a reliable strike platform rather than a cheap unreliable ones. A predicted rise in demand for military drones from regions in Asia, the military drone market is gradually leaning towards Chinese drone makers…
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