[INSIDERS] The 5 Tech Info You Shouldn’t Miss
- Mobike raises 600 million dollars to expand internationally.
- Slack reportedly raised $ 500 million.
- At $ 17, Snap’s share price is back to its IPO levels.
- What is the perception of robots in France?
- The nominations: Pascal Ruffenach, Laurent Habib…
The Chinese start-up Mobike, which is developing a bicycle-sharing service, has completed a funding round of $ 600 million. Tencent, BOCOM International, Farallon Capital Management, Hillhouse Capital Group, ICBC International, Sequoia Capital and TPG participated in the transaction.
Founded in 2015 by Hu Weiwei, Joe xia and Davis wang, former general manager of Uber in Shanghai, Mobike launched its bike sharing service in Shanghai in April 2016. To date, the company claims to operate more than 5 million bikes in 100 cities around the world, mainly in Asia . Mobike now claims 100 million users, who make 20 million trips every day.
Unlike the public bicycle sharing services launched by many municipalities around the world, such as the Vélib ‘in Paris, Mobike offers the possibility of picking up and dropping off a company bicycle anywhere in the city. To do this, the start-up’s mobile application geolocates the available bikes, which can be unlocked by scanning a QR code on each bike.
Mobike this week announced the launch of its service in Manchester, which will become the 100th city the company operates in and the first outside of Asia. The Chinese start-up has also decided to launch its service in Salford, a few kilometers north-west of Manchester. In this context, 1,000 bikes will be deployed in the two English towns from June 29. At this time, this is only a six-month trial period. By the end of the year, Mobike aims to be operational in 200 cities around the world.
Slack, the collaborative work platform is expected to announce a new round of funding of $ 500 million. With this investment the company could reach 5 billion dollars of valuation. Its previous fundraising, amounting to $ 200 million, dates from April 2016. The company was then valued at $ 3.8 billion.
The objective of this investment is to continue developing the tools necessary for teamwork and to counter the competition. Lately, the start-up had launched screen sharing or the drop-down menu.
Founded in 2013 by Stewart Butterfield, also co-founder of the photo-sharing site Flickr, Slack is a collaborative work platform based on a messaging system. Behind this initiative, the idea of the American start-up is quite simply to replace the exchange of e-mails internally within companies. The company announced in early April that it had exceeded 5 million users. It has 1.5 million paying customers. According to a Recode report, Slack has a billion dollar revenue but is not yet profitable.
A little over three months after its spectacular IPO, Snap sees its share price fall back to $ 17, its price at the time of the IPO. Snapchat’s parent company hit the headlines with its valuation of $ 24 billion. The company’s valuation peaked, beyond $ 28 billion, a few days after the operation.
Last May, the company founded by Bobby Murphy and Evan Spiegel presented its first quarterly results as a listed company. Following the announcement of results well below analysts’ estimates, the share price fell 25%. The company had sales of $ 149.6 million, for a loss of $ 2.2 billion.
Read also: Lead by disappointing results, Snap falls 25% on the stock market
The development of a French robotics sector is considered an opportunity for 80% of French people, according to data from Odoxa taken up by Statista. And it is in the field of medicine and science that these innovations inspire the most confidence, as well as in terms of home care for dependent people. The French however fear for the impact that this technological innovation will have on the employment situation in the country.
Pascal Ruffenach appointed chairman of Bayard group management board
The Bayard group announces the appointment of Pascal Ruffenach as Chairman of the Management Board. Until now, he was Deputy Director Public Jeunesse.
Laurent Habib becomes president of the Association Communication Consulting Agencies
Laurent Habib arrives at the head of theAssociation of Communication Consulting Agencies. He is the founder of the Babel agency.
upDay is looking for its Direct Sales Manager France (M / F)
upday is a one-of-a-kind news service: integrated into Samsung smartphones in Europe, upday is the combination of the latest personalization and recommendation technologies with human selection made by professional journalists. upday always delivers the information that interests you, and more.
upday continues its expansion in France and in Europe and we are looking for a Sales Senior, experienced and visionary to support its progress. Are you looking for a young, dynamic, international environment, full of talents, with the vitality and energy of a start-up while benefiting from the stability and support of a large media group? Do not search anymore !
- You will be responsible for Direct Sales in France
- You will build and develop a network of advertisers and work closely with our management
- You will develop new partnerships in content
- You will work with the international sales team
- You will work with the product team to improve our product offering
- You will work with our programmatic team to jointly develop the sales strategy and develop a network of partners in the field of programmatic and Ad-tech.