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Uber founder Travis Kalanick floats investment fund for India, China

People

08 March, 2018

Uber founder Travis Kalanick floats investment fund for India, China

Travis Kalanick, the controversial founder of cab-hailing firm Uber Technologies Inc., is setting up an investment fund that will back ......

SoftBank set to acquire 15% in Uber as tender offer succeeds

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29 December, 2017

SoftBank set to acquire 15% in Uber as tender offer succeeds

A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a ......

Uber rival Didi Chuxing gets $4 bn from SoftBank, others for global expansion

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21 December, 2017

Uber rival Didi Chuxing gets $4 bn from SoftBank, others for global expansion

Chinese ride-hailing service Didi Chuxing Technology Co has raised $4 billion in a new funding round, the firm said on ......

Uber hacking cover-up collides with SoftBank deal, triggers probes worldwide

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23 November, 2017

Uber hacking cover-up collides with SoftBank deal, triggers probes worldwide

A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service ......

SoftBank funding may prompt Uber to review game plan in Southeast Asia

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21 November, 2017

SoftBank funding may prompt Uber to review game plan in Southeast Asia

SoftBank Group’s multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets ......

Uber testing new features to target offline, low-bandwidth users

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17 November, 2017

Uber testing new features to target offline, low-bandwidth users

Cab-hailing firm Uber Technologies Inc. is testing a number of features for emerging markets like India, as it looks to ......

SoftBank says no final pact yet to invest in Uber

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14 November, 2017

SoftBank says no final pact yet to invest in Uber

Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc but there was no final ......

Uber India policy chief Shweta Rajpal Kohli quits in latest high-level exit

People

14 November, 2017

Uber India policy chief Shweta Rajpal Kohli quits in latest high-level exit

Uber’s chief of policy for India and South Asia has quit, two sources familiar with the matter said on Monday, ......

Uber reaches deal for multibillion-dollar SoftBank investment

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13 November, 2017

Uber reaches deal for multibillion-dollar SoftBank investment

Uber Technologies Inc’s warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group Corp ......

Uber CEO hints unlikely to make profit in some Asia markets anytime soon

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10 November, 2017

Uber CEO hints unlikely to make profit in some Asia markets anytime soon

Uber Technologies Inc will continue to lose money in its home market for at least the next six months as ......