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DOORDASH SHARE BUYBACK
UK's Deliveroo suspends share buyback after DoorDash buyout offerDeliveroo has suspended its £100 million share buyback program following a £2.7 billion takeover proposal from DoorDash. The offer, receive...28 Apr, 2025, 12.27 PM IST- DoorDash tops quarterly revenue estimates on strong online orders during holidaysDoorDash posted a profit of $141 million compared with a loss of $154 million a year ago. The company said it would buy back shares worth u...12 Feb, 2025, 12.16 PM IST
- DoorDash's rising labour costs weigh on Q1 profit outlook, shares fallThe delivery firm, which also reported a wider-than-expected loss for the fourth quarter ended December 31, has increased minimum pay for i...16 Feb, 2024, 08.33 AM IST
- Uber, Lyft drivers strike across US, demanding fairer payWorkers say the rideshare and food delivery platforms are taking disproportionate sums from their fares as fees, hurting their earnings. Th...15 Feb, 2024, 09.34 AM IST
- Uber hits record high after unveiling first-ever $7-billion share buybackInvestors cheered the plans, with shares rising 12%, on the same day that thousands of drivers for Uber, rival Lyft and food delivery app D...14 Feb, 2024, 10.48 PM IST
- SoftBank may turn profit after $48 billion in Vision Fund lossesSoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence...07 Aug, 2023, 08.53 AM IST
- SoftBank CEO Masayoshi Son to skip earnings call for first time as tech slumpsThe founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for d...06 Feb, 2023, 03.03 PM IST
- SoftBank steps up asset sales from sinking portfolioSoftbank's Vision Fund exited a swathe of assets in the April-June quarter - including ride hailer Uber Technologies.09 Aug, 2022, 05.57 PM IST
- Food delivery firm DoorDash approves $400 million stock buybackAccording to the company's filing, the move is being made to offset dilution from its employee stock-compensation programme.20 May, 2022, 11.51 AM IST
- SoftBank founder Masayoshi Son loses $25 billion in tech's brutal winterFrom China’s tech crackdown to Russia’s invasion of Ukraine, inflation to the markets, a litany of troubles has beset Masayoshi Son and his...16 Mar, 2022, 09.39 AM IST
- New edtech unicorn; Twitter locks Congress accountsEruditus’ mammoth funding has made it a unicorn, thrice over. Twitter locks Congress accounts days after complying with India IT rules. A b...13 Aug, 2021, 08.47 AM IST
- SoftBank Vision Fund sees further upside from Policybazaar, Paytm IPOs after $2-billion profitSoftBank Vision Fund posted a 236 billion yen ($2.14 billion) profit in the first quarter even as gains from listing portfolio companies we...10 Aug, 2021, 02.40 PM IST
- SoftBank's Vision Fund posts $2 bn profit, share weakness casts shadowThe Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such a...10 Aug, 2021, 01.57 PM IST
- Nikkei posts first weekly loss in six on Brexit, virus worriesThe Nikkei share average shed 0.39% to close at 26,652.52, losing 0.37% for the week. The broader Topix, however, ended 0.33% higher at 1.7...11 Dec, 2020, 01.47 PM IST
- SoftBank discussing a ‘slow-burn’ buyout to go privateUnder Japanese regulations, Son could compel other shareholders to sell when he gets to 66% ownership, perhaps without paying a premium, th...09 Dec, 2020, 11.46 PM IST
- Son’s SoftBank poised to return to profit after big lossesSoftBank uses a number of approaches to value its stakes in private companies, including taking cues from their latest financing rounds and...07 Aug, 2020, 08.38 AM IST
- How SoftBank’s Masayoshi Son became poorer by $6 billionThe Vision Fund is believed to be planning to swallow a charge of at least $5 billion.06 Nov, 2019, 04.15 PM IST
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