The current deals are just the latest involving of Tmall Genie’s integration with automobiles. Since the launch of Tmall Genie Auto solution last April, Alibaba A.I. Labs has also partnered with auto brands including BMW and Volvo Cars.
Droom has, so far, raised close to $125 million over six rounds of funding. Some of its investors include Lightbox, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, Integrated Assets Management, and family office of Japanese based investor Joe Hirao, Founder ZIGExN.
Federation of Motor and Credit Co Association of Malaysia (FMCCAM) president Datuk Tony Khor Chong Boon said the association will introduce a new IoT-powered platform to consolidate inventories held by all registered second-hand car dealers nationwide.
BookMeBus, launched four years ago, to solve the problem of bus transportation in Cambodia has made great strides in its journey. It has grown to a team of 35 staff and is now expanding into neighbouring markets such as Thailand and Vietnam.
Consumers planning to travel to Vietnam, Thailand, Philippines, Cambodia, Myanmar, Indonesia, or Singapore will now have a single mobile app that will make their trip easier and help them save on money.
Omar Al Ashi, CEO and Founder of Urent, announced a partnership with Seed Group, an association of diversified companies owned by the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to launch the platform.
As part of the transaction, 58.com, a 14-year-old Chinese internet firm, will come into a strategic partnership with Uxin, just a few months after Uxin agreed with Alibaba to set up a used-car section on the e-commerce giant’s Taobao marketplace.