What I learned from Flipkart – TechCrunch

Oliver Rippel Contributor Oliver Rippel is the chief executive officer of Naspers’ global business to consumer subsidiaries and investments. Two weeks ago, Walmart concluded its investments to acquire a majority stake in Flipkart. This is one of the largest transactions in e-commerce and in the internet space globally, with Walmart deploying US$16 billion to obtain an approximate 77 percent shareholding at…

Toyota invests $500 million into Uber – TechCrunch

Toyota is investing $500 million into Uber. Under the agreement, Toyota vehicles will be equipped with Uber’s self-driving technology, an unnamed source familiar with the deal told TechCrunch. The investment was first reported by the WSJ. TechCrunch confirmed the Toyota-Uber agreement with a source familiar with the deal. Uber declined to comment on the deal.…

China announces transportation industry reform, days after murder of Didi carpooling passenger – TechCrunch

The Chinese government announced it will reform the transportation industry to safeguard passengers, three days after a female passenger was allegedly raped and murdered by a Didi Chuxing driver last Friday. Provinces and autonomous regions are now tasked with setting up passenger safety committees by the end of this month and ensuring that incidents are…