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Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh

TMT

10 May, 2019

Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a ......

Uber's Amit Jain quits as Asia-Pacific unit chief

People

24 April, 2019

Uber's Amit Jain quits as Asia-Pacific unit chief

Uber Technologies Inc said on Wednesday the head of its Asia-Pacific operations will leave the company at the end of ......

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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 ......

How SoftBank is going about its quest to rule the road

TMT

12 April, 2019

How SoftBank is going about its quest to rule the road

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies ......

Uber files for IPO, warns it may 'never' make a profit

TMT

12 April, 2019

Uber files for IPO, warns it may 'never' make a profit

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing ......

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 to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

TMT

26 March, 2019

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a ......

Hyundai Motor, Kia to invest $300 mn in Ola

TMT

19 March, 2019

Hyundai Motor, Kia to invest $300 mn in Ola

Ride-hailing company Ola has raised $300 million (Rs 2,050 crore) from South Korean automakers Hyundai Motor Co and Kia Motors ......

Former Cisco exec, others back outstation taxi service firm Gozo Cabs

TMT

05 March, 2019

Former Cisco exec, others back outstation taxi service firm Gozo Cabs

Outstation taxi service provider Gozo Cabs has raised an undisclosed amount from a bunch of Silicon Valley-based individuals including Prem ......

New US-based investors infuse fresh capital into Ola

TMT

05 February, 2019

New US-based investors infuse fresh capital into Ola

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of ......