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UBER ACQUISITION
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...- Uber weighs higher bid for Delivery Hero: FTUber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over...
- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Blackstone raises $1.75 bn in data centre REIT IPOBlackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence inf...
- Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
- Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
- Uber to acquire additional 4.5% stake in Delivery Hero: FTUber is set to acquire an additional 4.5% stake in rival Delivery Hero, purchasing approximately 270 million euros ($318.1 million) worth o...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Quote of the day by Ursula Burns: ‘I do business with my heart as much as I do with…’Ursula Burns, the first Black woman CEO of a Fortune 500 company, transformed Xerox from a copier giant to a business services leader. Her ...
- Uber to expand premium offerings with Germany's Blacklane acquisitionUber Technologies has agreed to acquire Berlin-based chauffeur service Blacklane as part of its push into premium and executive travel, th...
- Uber plans to acquire Germany's premium chauffeur services startup BlacklaneUber is set to acquire German premium chauffeur service Blacklane. Sources suggest the deal is nearing completion. Blacklane, founded in 20...
- Uber expands into 7 new European markets in food-delivery push: ReportThe US-based company will launch services in markets including Czech Republic, Greece and Romania as part of a move it hopes will deliver ...
- Uber to acquire delivery business of Turkey's GetirUber said on Monday it agreed to acquire the delivery arm of Turkey's Getir from Mubadala, its Emirati controlling shareholder, expanding ...
- Uber to buy controlling stake in Turkey's Trendyol GO food delivery business for $700 millionThe stake purchase from Turkish e-commerce firm Trendyol Group gives Uber control of a platform that serves customers nationwide, deliverin...
- Scoop: Uber in early discussions with EV ride-hailing startup BluSmart for a possible acquisitionUber is in early talks to acquire BluSmart Mobility, boosting its electric cab presence in India. The move comes amid Gensol Engineering’s ...
- Uber approaches Grubhub with acquisition offerThe potential acquisition suggests that the Silicon Valley disruptor is doubling down on its fastest-growing service in a scramble to adapt...
- Uber is said to seal $3.1 billion deal to buy Careem in daysCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
- Uber Eats India likely to end up on Swiggy’s plateThis is in line with Uber’s strategy to cut down on losses as it prepares for a IPO at a valuation of $120-150 billion.
- After merger with Didi Chuxing, India to become Uber's main battlegroundWhile the deal underlines that China remains a tough market for US-based companies to win in, it could leave Uber freer to devote more reso...
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