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How an Ola investor slashed its valuation by almost half after virus outbreak

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How an Ola investor slashed its valuation by almost half after virus outbreak

Ride-hailing firm Ola’s valuation was cut by almost half earlier this year by one of its investors...

London regulator strips Ola's licence over public safety failings

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London regulator strips Ola's licence over public safety failings

London's public transport authority stripped Indian ride-hailing company Ola of its London ...

SoftBank Vision Fund head's pay doubled last year despite massive losses

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SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more ...

Uber India cuts a quarter of jobs as lockdown hits business

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Uber India cuts a quarter of jobs as lockdown hits business

Ride hailing company Uber Technologies Inc’s Indian arm will cut 600 jobs across functions, as it ...

Ola to cut one-third workforce as revenue slumps in lockdown

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Ola to cut one-third workforce as revenue slumps in lockdown

Cab aggregator Ola is letting go 1,400 employees as the coronavirus pandemic has hurt its core ride-...

Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business

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Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business

Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and ...

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

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SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, ...

Uber to require drivers, riders to wear masks around the world

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Uber to require drivers, riders to wear masks around the world

Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders ...

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

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Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara ...

For SoftBank's Masayoshi Son, coronavirus turns vision to illusion

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For SoftBank's Masayoshi Son, coronavirus turns vision to illusion

SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with ...