According to four sources with knowledge of the matter at hand, embattled Chinese tech giant Huawei Technologies is expanding its smart car partnership with state-owned Chongqing Changan Automobile Co Ltd to include the design and development of semiconductors for the auto sector. In the last 6 months both companies have been collaborating informally on designing…
On Friday, in a statement French industrial gas giant Air Liquide said, it has entered into a collaboration with Japan’s Itochu Corp, a trading house, to further develop the hydrogen mobility markets in Japan. Initially, both companies will focus on the development of hydrogen retail infrastructure in Japan for both commercial and for passenger vehicles,…
Uber is on the lookout for expanding its areas of business even as its tries to strengthen its core business competency. According to two sources familiar with the matter at hand, Uber Technologies Inc is likely to offer more than $3 billion for acquiring its Dubai-based rival Careem Networks FZ. As per a third source,…
With this strategic move Netflix is expanding its footprint on the interactive Tv market. Content streaming giant Netflix Inc will allow users to choose how its movie or TV episode will end. The development comes at a time when Netflix is intent on expanding its Interactive TV content, said a report from Bloomberg. The Bloomberg…
Ola is steadily expanding its footprint in overseas markets. Earlier this year, it had forayed into the UK and the Australian ride-hailing markets. On Tuesday, Indian ride-hailing platform Ola said it plans on expanding its operations to New Zealand. The move underscores its latest push overseas as it ups its rivalry with its peer, Uber…
The development underscores Uber CEO Dara Khosrowshahi’s strategy of strengthening and expanding Uber’s footprint through partnerships. On Thursday, Uber Technologies announced, it would be launching an app for taxis operating in Nagoya, Japan. The development comes in the wake of the U.S. firm trying to expand and strengthen its foothold in the country. Incidentally, Japan…
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