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Ride-hailing, bike and scooter companies probably raised less money than you thought
After years of fierce competition as private companies, Uber and Lyft are going public on U.S. markets. Scooter service providers, the transportation trend du jour, raised hundreds of millions of dollars to scatter scooters on city sidewalks (to the chagrin of residents and regulators alike) throughout 2017 and 2018. On the other side of the Pacific, Grab and Go-Jek are raising gobs of cash as they continue to scale upward and outward. Of all the seed, early and late-stage venture funding raised over the past couple of years, how much of the total went to companies in the ride-hailing, food delivery and last-mile transportation categories (which encompasses bikes and scooters)? Probably not as much as you’d think. Taken together, companies in these sectors raised less than 10 percent of the total venture dollar volume reported for each of the past five full calendar years. (Fonte: TechCrunch)

Volkswagen, Siemens to collaborate on industrial cloud technology
Volkswagen has selected Siemens as its integration partner to help connect its 122 plants to Amazon’s cloud in an effort to raise efficiency in production, the two German companies announced on Friday. “Siemens will play a key role in ensuring that machinery and equipment of different manufacturers at the 122 Volkswagen plants are networked efficiently in the cloud,” they said in a joint statement, without giving financial terms. Volkswagen on Wednesday said it has teamed up with Amazon Web Services to link up and integrate data from plants, machines and systems, as a way to improve and standardize its production systems and processes. (Fonte: Reuters)

China video-streaming firm iQIYI raises $1.1 billion in convertible bonds
The deal is the latest example of the growing popularity of convertible bonds among newly listed Chinese tech companies that are searching for growth capital. IQIYI sold the bonds with a coupon of 2 percent, at the bottom of an indicative range of 2 percent to 2.5 percent, successfully managing to lower its borrowing costs compared to its last such offer that carried a coupon of 3.75 percent and had a shorter tenor. IQIYI could raise as much as $1.2 billion if an over-allotment option of up to $150 million is exercised. (Fonte: Reuters)

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