Transportation Services news and trends

Daimler Continues Rideshare Investments With $85M Stakes In Car2Go
Partnerships / Acquisitions // March 02, 2018

German automaker Daimler just paid €70 million ($85 million) to buy the remaining 25 percent of carsharing company Car2Go that it did not already own. According to TechCrunch, the deal now brings Car2Go’s valuation to €280 million ($341 million). Founded in 2008, Car2Go originated in...

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Uber Appoints Analog Devices Executive Prashanth Mahendra-Rajah as CFO

September 27, 2023
Uber Technologies has appointed Prashanth Mahendra-Rajah as its new chief financial officer (CFO). Mahendra-Rajah will join the company on Nov. 13, bringing with him experience and expertise in financial management and strategy, Uber said in a Wednesday (Sept. 27) press release. Currently serving as the CFO of semiconductor company Analog Devices (ADI), Mahendra-Rajah has been responsible for setting financial strategy […]

Daimler Continues Rideshare Investments With $85M Stakes In Car2Go

March 02, 2018
German automaker Daimler just paid €70 million ($85 million) to buy the remaining 25 percent of carsharing company Car2Go that it did not already own. According to TechCrunch, the deal...