Uber Reportedly Will Invest $500 Million Into Mapping the World

Earlier this month, satellite imaging technology company DigitalGlobe announced it was partnering with Uber to “leverage DigitalGlobe’s industry leading constellation of sensors to access imagery and location intelligence to help identify and improve pick-up and drop-off locations.” Last week, Uber posted a press release to announce that Brian McClendon, the former head of Google Maps who left the company for Uber last year, would be leading Uber’s global mapping initiative. McClendon wrote that the company is “doubling down” on its mapping investment but didn’t say how much it would spend.

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Uber China merging with Didi in $35b deal

Chinese ridesharing company Didi Chuxing is merging with Uber China under a $35 billion deal that will see the rivals — worth $28 billion and $7 billion, respectively — join forces.

While Uber declined to comment on the matter, Uber China investors will have a 20 percent stake in the new company, according to an unnamed source.

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Singapore to host Delphi Automotive’s self-driving taxi test

UK-based Delphi Automotive announced on Monday it expects to launch a small test fleet of automated taxis in Singapore next year, aiming to ferry passengers around a city district in one of the first real-world tests of automated rides on demand.

The project, run in partnership with the Singapore Land Transit Authority, will road test a concept that many companies investing in automated driving believe offers the fastest path to making such technology commercially viable.

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In Kenya, Safaricom’s Little Cab app goes head to head with Uber

Even as a deal is imminent and its closest competitor Didi Chuxing in the immense Chinese market, competition continues to intensify around the globe.

Africa is one region where entrants continue to pile in. In Kenya’s tech transit market, which already includes Uber and several other startups, Safaricom, the country’s largest telecom and fintech firm, has recently launched its first ride-hailing app called Little Cab.

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