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...These included autonomous vehicles and bicycles in which “the unit economics didn’t make sense,” said Chai, who added: “When I joined the company, it was the Uber of everything.”...
...When that market lost momentum the fund pivoted, using the launch cash to buy cryptocurrencies. It is now effectively a UK-listed vehicle for holding crypto assets, including bitcoin and ethereum....
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...This could be achieved in the same way we did for electric vehicles following the Paris Agreement of 2015....
...“The momentum of closing that gap is pretty strong.” China started commercial driverless development in 2013, about five years after groups in the US....
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...amid challenges from the arrival of electric vehicles....
...L Catterton — which was created in 2016 through a partnership between a private equity firm, French luxury group LVMH and founder Bernard Arnault’s family investment vehicle — will pay €43 per share for...
...Part of what has incensed anti-SUV campaigners is the promotion around the vehicles....
...Moscow and Beijing should “cultivate new momentum for co-operation”, Chinese state media quoted the president as telling his Russian counterpart in a call on Thursday....
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