The deal will also culminate in GO-JEK providing full support for the cost incurred for the production of advertising material, while driver partners receive net income from every advertisement placed. 

As part of the cooperation, Bosch will provide its AVP technology, its experience in systems engineering and its IoT competencies. Alibaba Cloud, meanwhile, will share its technologies and its experience in cloud computing, data analysis and smart mobility.

Founded at the end of 2014, Shohoz (which means “easy” in Bengali) enables users to book car and motorbike rides for daily commute, as well as reserve bus seats, ferry, and movie tickets.

Banma was founded in 2015 by Alibaba and SAIC Motor. The company launched the world’s first “Internet car”, the Roewe RX5, in 2016.

Rajamobil was founded two years back with seed money from individual investors. It subsequently raised its first external funding round collecting more than $1 million in 2017 from a consortium of venture capital firms and prominent individual investors. Some of its VC backers include IDeosource and Stellar Kapital.

Powered by Cubic Telecom’s connectivity management solution, Audi is providing high-speed 4G-enabled connected services in Malaysia, Singapore, South Korea and Taiwan through Audi connect®.

Didi has since put some expansion plans on hold while it shakes up its compliance and safety measures. Founder and Chief Executive Officer Cheng Wei told employees the company needs to overhaul a culture that put business growth before the well-being of its customers.

BYD, which is backed by Warren Buffet, hopes to launch its first self-driving car within three years. Its chairman and president, Wang Chuanfu, said he wants to make the company's products more intelligent, like a "super mobile phone on wheels".

The investment was led by the KCK Group, a US-based family investment firm, with participation from existing investor Blumberg Capital, an early-stage venture capital firm headquartered in San Francisco in the US.

This partnership will enable Tootle customers to top-up their Tootle balance via Khalti Digital Wallet and make payment for tootle ride even more convenient.