Latest Updates Around The World
Just before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unknown party submitted a bid that apparently rejected the highest bid of $33 million. The offer, made just before Tuesday’s hearing, kicked off a series of quick meetings between Luminar’s remaining leadership team and its lawyers, a “special transaction […]
Within about a week, iRobot, Luminar and Rad Power Bikes all filed for bankruptcy. They’re very different companies (selling Roombas, lidar, and e-bikes, respectively), but as Sean O’Kane, Rebecca Bellan, and I discussed on the Equity podcast episode, they faced some similar challenges, including pricing pressure, big deals that fell through, and an inability to […]
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up for free here – just click TechCrunch Mobility! The transportation year started with a pair of bankruptcies – Canoo and Nikola – and now ends with two more. Rad Power bikes is coming to […]
DECRYPTION – Although it is about to open its first physical store in the Parisian establishment, the Asian giant risks being banned in France. < p class=”fig-paragraph”>One scandal too many. Two days before the controversial opening of the first store in the BHV Marais, in the heart of Paris, Shein becomes embroiled in a case […]
