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Uber sets price range for IPO, targets $91.5 bn valuation

TMT

26 April, 2019

Uber sets price range for IPO, targets $91.5 bn valuation

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, ......

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Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Finance

12 April, 2019

Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Earlier this year, India’s top ride-hailing venture Ola scaled the valuation chart to become the second-most valued startup, behind Paytm ......

Uber to float $10-billion IPO, lowers valuation expectation

TMT

10 April, 2019

Uber to float $10-billion IPO, lowers valuation expectation

Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public ......

Uber rival Lyft gets $24.3 bn valuation in first ride-hailing IPO

TMT

29 March, 2019

Uber rival Lyft gets $24.3 bn valuation in first ride-hailing IPO

Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, ......

Uber, Ola and others sign shared mobility principles for livable cities

TMT

02 February, 2018

Uber, Ola and others sign shared mobility principles for livable cities

Fifteen of the world’s leading tech-enabled transportation services companies, including Indian cab aggregator Ola and its US-based rival Uber, have ......

TVS Motor buys into electric two-wheeler startup Ultraviolette

Manufacturing

08 December, 2017

TVS Motor buys into electric two-wheeler startup Ultraviolette

TVS Motor Company Ltd has acquired a 14.78% stake in electric bike maker Ultraviolette Automotive Pvt. Ltd for Rs 5 ......

Uber rival Grab appoints Paytm exec as CTO of payments arm

People

23 November, 2017

Uber rival Grab appoints Paytm exec as CTO of payments arm

Southeast Asian cab-hailing major Grab has appointed Vikas Agrawal as the chief technology officer of its mobile payments wing, GrabPay, ......

Lyft eyes London entry as rival Uber banned

TMT

26 September, 2017

Lyft eyes London entry as rival Uber banned

Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past ......

Uber faces FBI probe over software targeting rival Lyft

TMT

08 September, 2017

Uber faces FBI probe over software targeting rival Lyft

The Federal Bureau of Investigation is probing to see if Uber Technologies Inc had used software to illegally interfere with ......

SoftBank keen to invest in Uber, Lyft: Masayoshi Son

TMT

07 August, 2017

SoftBank keen to invest in Uber, Lyft: Masayoshi Son

SoftBank Group CEO Masayoshi Son said he was interested in investing in ride-hailing firms Uber Technologies and Lyft but had ......