The trucks were previously noticed by a Reddit user, who photographed and shared images this week showing tractors emblazoned with the Embark logo and trailers painted with the Amazon Prime logo.
Consolidation in the micromobility space has arrived — in Brazil, at least. A few months after Y Combinator-backed Grin merged its electric scooter business with Brazil-based Ride, it’s now merging with Yellow, the bike-share startup based in Brazil that has also expressed its ambitions to get into electric scooters.
If Yellow sounds familiar to you, it may be because, in September, the company raised $63 million in a funding round led by GGV Capital. That was the largest Series A round for a Latin American startup. A month later, Grin raised a $45.7 million Series A round.
The app-based offering is aimed at facilitating personal and small merchant payments within countries and across Africa’s national borders. Existing Visa cardholders can send and receive funds at home or internationally on GetBarter.
Internet satellite startup Astranis, which aims to deliver cost-effective high-speed internet to underserved markets, announced Wednesday that it has signed an exclusive agreement to provide satellite bandwidth to Alaska-based internet provider Pacific Dataport.
Under the terms of the contract, Astranis launch a single satellite in 2020 that will provide 7.5 Gbps of bandwidth. Pacific Dataport will use a portion of the available bandwidth to provide internet services to business. Those businesses include Microcom, which provides residential internet services and launched Pacific Dataport as a separate venture two years ago.