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| Name | Symbol | Market | Type |
|---|---|---|---|
| Porsche Automobile Holding SE (PK) | USOTC:POAHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.21% | 4.70 | 4.65 | 4.75 | 4.71 | 4.67 | 4.69 | 418,270 | 21:20:00 |
From Jul 2019 to Jul 2024
By Cristina Roca
Porsche Automobil Holding SE (PAH3.XE) said Wednesday it has invested in U.S. mobility and roadside-assistance startup Urgent.ly.
The German auto maker said its venture capital arm, Porsche Ventures, has taken part in a financing round amounting to $21 million for Urgent.ly. The venture-capital divisions of Bayerische Motoren Werke AG (BMW.XE) and Jaguar Land Rover also obtained shares in Urgent.ly, Porsche said.
Urgent.ly's platform supports roadside-assistance services in North America, Europe and Asia through artificial intelligence and geo-location, Porsche said.
Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca
(END) Dow Jones Newswires
January 23, 2019 08:47 ET (13:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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