10 things eft’s been reading this week

The changing fortunes in the unicorn herd

Unicorns, those recently-founded companies that pass $1 billion in valuation, are being created at an astounding rate. However, just because they’re up one minute doesn’t mean that trajectory will last forever. This week we look at some of those that broke unicorn status a while back and ask whether they can keep the confidence of investors in the face of mounting losses? Then we have a look at some of those muscling their way into and through the herd to see how transport, mobility and logistics might be shaped by those seeing their stars rise as well as fall.

Lyft lost more than $1 billion last quarter. [CNN Business]

Tesla is 'structurally unprofitable', analysts say. [the Telegraph]

Why Tesla and Uber are 'black holes' for your money. [Financial Review]

Tesla's bad news accelerates as Wall Street loses faith. [KomoNews]

View from the top: How Blablacar boss plans to dominate the long-distance transport market. [The Independent]

Europe’s ride-sharing unicorns call for reform to help the sector thrive. [CNBC]

The Near-Future Of Transport Is Connectivity, Not Autonomy. [Forbes]

Loggi raises US$150 million, becomes Brazil’s newest unicorn. [contxto]

Jumia builds powerful brand as Africa’s first unicorn. [African Business]

India’s B2B boom: Why logistics is the new darling of investors and startups alike. [YourStory]

To hear more how you can think like a start-up, book your ticket to 15th Annual 3PL & Supply Chain Summit: Europe.

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