Uber is biggest loser in SoftBank IPO returns, Oyo a bright spotAt the Vision Fund, unrealized losses totaling $1.84 billion were recorded during the quarter ending June 30, attributable to decreases in ...
08 Aug, 2019, 09.51 AM IST
Big winners of Uber, Lyft IPOs won’t be the usual suspectsThe filings submitted by Uber and Lyft aren’t yet public, but people familiar with each business outlined the largest shareholders.
13 Dec, 2018, 11.09 AM IST
Softbank reviving Ola-Uber India merger talks?Source in the know of the development has confirmed that senior executives from both companies have met several times over the past several...
28 Mar, 2018, 08.57 PM IST
Tech investors should enjoy its deal spree: SoftBank's Rajeev MisraThe industry is upset that SoftBank is muscling in on deals and has voiced concerns that it’s ladling out more money than startups need or ...
27 Feb, 2018, 09.36 AM IST
We will continue to compete with Ola In India, invest aggressively, says Uber CEO Dara KhosrowshahiWe are going to be quite aggressive about investments in India, says Uber CEO
22 Feb, 2018, 03.48 PM IST
Uber says it’s 100% committed to India“Our business in India is stronger than ever and we are 100% committed to serving our riders and driver partners in India,” an Uber spokesp...
22 Jan, 2018, 08.46 AM IST
SoftBank is said to seek Uber stock at $48 bn valuationIf it is successful, the SoftBank-led coalition would buy at least 14 percent of the shares from existing Uber investors.
28 Nov, 2017, 10.42 AM IST
Larry Page vs Masayoshi Son: The ride hailing race is now a battle between billionairesAlphabet Inc., led by Larry Page, just backed Lyft Inc., while SoftBank Group Corp. chief Masayoshi Son is set to take a big stake in large...
21 Oct, 2017, 11.41 AM IST
Lyft raises $1 billion from big new ally in battle with UberThe funding marks a major shift in Alphabet's allegiances away from Uber, and suggests a tighter pairing of its Waymo autonomous vehicle te...
20 Oct, 2017, 10.42 AM IST
Ola said to raise $2 billion from SoftBank, TencentThe funding will help Ola to continue its focus on India and build both its supply of vehicles and drivers as well as strategic technology ...
03 Oct, 2017, 08.40 AM IST
Tug of war: Uber-Softbank deal has many conflicting objectivesKalanick and Uber's new CEO Dara Khosrowshahi are in regular contact and Kalanick seems at peace with the fact that the company has a new c...
30 Sep, 2017, 12.23 PM IST
Uber-SoftBank deal ensures limits on Kalanick’s powerVenture capital firm Benchmark, which led Kalanick’s ouster in June, has sought a guarantee in writing from SoftBank that it would reject r...
29 Sep, 2017, 08.44 AM IST
Uber's incoming CEO must fix culture: Nikesh AroraArora left SoftBank after Son, who had called him a likely successor, decided to remain at the helm of the company he founded.
17 Aug, 2017, 09.36 AM IST
Uber lines up four investors, but a deal hangs on boardroom battleFunding would come from Japan's SoftBank Group Corp. and Chinese ride-hailing juggernaut Didi Chuxing, along with US equity firms Dragoneer...
16 Aug, 2017, 10.08 AM IST
SoftBank looks for an Uber, Lyft in the cab-hailing spaceMasayoshi Son said that he would be willing to invest in Uber Technologies or rival Lyft.
08 Aug, 2017, 09.21 AM IST
Uber in the crosshairs as SoftBank helps rivals raise $9 billionThe money will help Grab, which already dominates the region, defend its turf against Uber in one of the San Francisco company's most impor...
25 Jul, 2017, 09.52 AM IST
SoftBank to back Snapdeal, Ola; open to consolidation: Alok Sama"In terms of plans, our priority is to nurture our portfolio companies," said Alok Sama, president of SoftBank, in an exclusive interview w...
20 Oct, 2016, 07.52 AM IST