Irving-based RumbleOn operates through two operating segments, its Powersports dealership group and Wholesale Express LLC, an asset-light transportation services provider focused on the automotive industry.
Massimo Group, a Garland-based powersport vehicle company, said the IPO's proceeds are earmarked for several strategic initiatives aimed at expanding its business, including new products and electric vehicle-related technology.
The deal, valued at $575.4 million, will combine the ecommerce disruptor's platform for new and pre-owned motorcycles with powersports retail giant RideNow. What will result is a first-of-its-kind omnichannel platform for powersports—a more than $100 billion industry—in North America.
Israel-based drone food delivery company Flytrex is partnering with Nash to build an autonomous-first delivery system across its Dallas-Fort Worth sites. Nash, a San Francisco-based autonomous logistics platform, will decide which orders fly and which go by road....
Israel-based drone food delivery company Flytrex is partnering with Nash to build an autonomous-first delivery system across its Dallas-Fort Worth sites. Nash, a San Francisco-based autonomous logistics platform, will decide which orders fly and which go by road....