Spotify is doing some banking/public markets thing, Alta Motors scores a big partner in electric motorcycles and Uber gets into healthcare. All that and more in The Daily Crunch for March 1, 2018. 1. Spotify files to go public Spotify has filed to list publicly, and its plans include bypassing the typical fundraising event and will instead just list shares directly. It's an unconventional approach, but one that make sense for the music streaming company. This has been a long time coming for many observers, but Spotify is hoping it can go public and convince investors of its ability to stay ahead of the competition in key areas like music recommendations. 2. Harley-Davidson will work with Alta Motors on electric motorcycles The old guard and the new, working together on environmentally friendly, powerful electric motorcycles. Beautiful. 3. Uber launches Uber Health Uber is making a healthcare play, with a dashboard and service that allows clinics, hospitals and other care facilities to schedule and hail rides for their clients and patients. 4. DoorDash has raised $535 million That makes it a unicorn, which is a lot for a company that does on-demand food delivery. It looks like the focus will be on making sure it's an easy-to-integrate service layer, which seems wise. 5. Daimler buys up the last of car2go Daimler has been majority owner of car sharing platform car2go for years now, but as of today it's also full owner, since it bought up the remaining quarter of shares. 6. Publisher blames Facebook newsfeed changes for shutdown Is it really Facebook's fault? LittleThings is something I'd never heard of before this shutdown, and apparently its genesis was on the back of FB to begin with, so who's to say really. 7. Light Phone 2 wants to stand out in a sea of blah smartphones This looks like my dream phone. Especially amid the cacophony of "who cares" smartphone releases from MWC this year in Barcelona. |
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