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Investment

Enterprise Invests in On-Demand Ride Servicing App

The investment from Enterprise’s venture capital arm, Clayton Venture Partners, will help Migo expand discovery services for consumers and its transportation partners: Uber, Lyft, Car2Go, Lime, and Yellow Cab.

Toyota Invests $500M in Uber for Autonomous Ride-Hailing

Toyota Motor Corp. will invest $500 million Uber Technologies, Inc. to speed up efforts to bring an autonomous ride-hailing service to market. Each company will integrate its technology into purpose-built Toyota Sienna minivans that will be deployed on Uber's network.

Toyota Invests $1B in Ride-Hailing Group Grab

This investment by Toyota is the largest-ever by an automotive manufacturer in the global ride-hailing sector, and brings Grab closer to achieving its vision of becoming a one-stop mobility platform in Southeast Asia.

Tech Investor Drops from eHi Car Services

Coleman, who is the founder and CEO of Tiger Global Management, initially invested in eHi Car Services in 2015. He ended his investment in the first quarter of 2018 at an estimated net gain of 5%.