Kalanick sells almost $1.5 billion of Uber, may offload entire stakeKalanick’s sales underline his focus on other investments even as he remains a director of Uber. He created a fund called 10100 in March 20...
22 Nov, 2019, 09.09 AM IST
How much is an idea worth? In Uber’s case, $3.7 billionDara Khosrowshahi is determined to convince investors that Uber is a different company today—a diversified business that’s ethically run an...
10 May, 2019, 12.02 PM IST
Who's getting richer from Uber’s massive IPO?There are dozens of other significant investors who have stakes less than 5%, the cut-off that requires public disclosure.
15 Apr, 2019, 09.00 AM IST
Here are the big winners hitching a ride on Lyft's IPO planLyft’s filing revealed some startling numbers for the startup. The company lost $991 million last year even as its revenues surged.
02 Mar, 2019, 11.20 AM IST
Kalanick won't be back as CEO: Uber board member"Despite rumours I'm sure you've seen in the news, Travis is not returning as CEO," Camp said in the memo. "We are committed to hiring a ne...
09 Aug, 2017, 10.05 AM IST
Travis Kalanick won’t be back as CEO: Uber board memberLast week there were reports that Kalanick had told some that he intends to return to the CEO role, just like Steve Jobs did at Apple back ...
09 Aug, 2017, 12.18 AM IST
How these companies started their $ billion journey with ObamaAirbnb can be considered one of the biggest hotel companies in the world. Uber is valued at $69 billion, more than any other privately held...
30 Jan, 2017, 09.41 AM IST
A look at how Uber became a unicorn in six yearsIn this short span of six-odd years, Uber became a unicorn, and the tech firm has now branched out into new areas with an aim of becoming a...
04 Oct, 2016, 05.29 PM IST
The worst you can do is to give your game away to investors: Travis KalanickTravis Kalanick the CEO of Uber, likened entrepreneurship to a game of chess where founders and investors square up on opposite ends.
20 Jan, 2016, 04.00 AM IST
Jeff Bezos, Marc Benioff back Uber of trucks Convoy nowConvoy, which shippers can use to request a truck, get instant price quotes and track drivers throughout pickup and delivery, said it's rai...
28 Oct, 2015, 10.08 AM IST
Uber cofounder taking over stumbling social media company StumbleUponCamp, Geoff Smith, and Justin LaFrance started the content website in 2001 as they were finishing up their postgraduate studies in Canada.
27 Aug, 2015, 12.27 PM IST
Seqouia Capital pays $1.6 million for GoodserviceThe company caters to needs from errands such as printing, courier services, getting products delivered from local stores and food joints.
23 Jun, 2015, 03.51 PM IST
Tsepak Technologies raises about Rs 1.3 crore in seed funding from Manipal GroupTsepak Technologies is among a growing number of companies that have sprung up with the growth of mobile phones and instant messaging.
26 May, 2015, 04.10 PM IST
World War II veterans to attend 'Unbroken' screening'Unbroken', which stars Jack O'Connell as Zamperini and Miyavi as a brutal guard called 'The Bird', opened in theaters this week.
26 Dec, 2014, 03.57 PM IST
Uber set to patent surge pricing; its 24 patent apps rejected for being `obvious' variationsUS patent applications filed by Uber or its founders to give it an edge over potential rivals ahead of a potential initial public offering.
20 Dec, 2014, 04.40 PM IST
New fund raising to value Uber Technologies at $40 billionThe San Francisco-based startup is planning to raise at least $1 billion from T Rowe Price Group and Fidelity Investments, which is an exis...
27 Nov, 2014, 04.00 AM IST
Uber Faces Protest from New York City DriversUber Technologies drivers in New York City protested against the mobile car-booking company's rising commissions and lower fares.
15 Sep, 2014, 12.25 PM IST