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May Mobility’s driverless microtransit might beat robotaxis to profitability

December 18, 2023

Autonomous vehicle company May Mobility has launched its first driverless on-demand microtransit service on public roads in Sun City, Arizona in partnership with transit tech company Via. The milestone is in line with May Mobility’s goal of launching rider-only operations by 2023. It also signals that the gentle onramp approach to commercializing autonomy could be […]

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Saudi shopping and BNPL platform Tamara tops $1B valuation in $340M Series C funding

December 18, 2023

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing C round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and Sanabil Investments, a wholly-owned company by Saudi’s sovereign wealth fund Public Investment Fund […]

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Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

December 18, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]

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Fintech’s wild ride in 2023

December 17, 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up!  What a year This is the last edition of The Interchange for 2023 — it’s hard to believe that the […]

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