Uber Technologies Inc
Finance
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 the coronavirus crisis compounding losses ......
Finance
SoftBank spends $2.5 bn to get second Vision Fund off the ground
SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......
TMT
Self-driving car rental startup Revv gets the backing of another global automaker
Indian self-driving car rental startup Revv has raised capital in a fresh round of funding from existing and new investors ......
TMT
Uber sees profit by end of 2020, but still expects full-year loss
Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the ......
TMT
Zomato gobbles up Uber's India food delivery business
Zomato Media Private Ltd on Tuesday said it agreed to acquire ride-hailing company Uber Technologies Inc.'s food delivery business in ......
TMT
WeWork debacle has unicorn investors seeking cover
In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have been pushing ......
Markets
Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets
Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) in 2019 after a ......
TMT
Ola may lay off 225 employees as SoftBank-backed firm gears up for IPO
Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group Corp, aims to begin the IPO process by the end of ......
Finance
Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall
A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......
Finance
Norwest Venture Partners closes $2 bn fund, its biggest to date
Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date ......
