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Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...- Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutThe market for new listings has regained momentum after a bout of volatility triggered by the Iran conflict, with companies reviving IPO p...
- Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutUber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed in...
- US stocks: Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources sayItalian tech firm Bending Spoons is gearing up for a significant U.S. IPO, aiming to raise up to $1.62 billion. This move, potentially one ...
- US stocks: Miner Sinda kicks off US IPO roadshow with $1.97 billion valuation targetSilver miner Sinda has launched its US IPO, aiming for a valuation up to $1.97 billion and seeking to raise $235.2 million. This debut adds...
- US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
- Lime plans to name Uber as anchor investor in IPO: reportSan Francisco-based startup Lime is backed by Uber Technologies. It filed to go public in the United States in May.
- Uber-backed Lime reveals revenue surge in US IPO filingLime, the electric bike and scooter company, has filed for a U.S. initial public offering. The firm reported a significant increase in year...
- Uber-backed electric bike startup Lime hires banks for US IPO, sources sayFounded in 2017 and now led by former Uber executive Wayne Ting, Lime provides short-term rentals of electric bikes and scooters in more th...
- Micromobility company Lime reports first profitable year, mulls IPOFounded in 2017, Lime runs electric scooters, electric bikes and electric mopeds in various cities around the world.
- Uber loses $2.9 billion, offloads bike and scooter businessEarlier this week, Uber said it was cutting 3,700 full-time workers, or about 14 per cent of its workforce, as people avoiding contagion ei...
- Uber, posting first-ever decline in rides, says worst is overDuring the past week, Uber has embarked on a blitz of cost-trimming moves. Uber said it will end food delivery operations in more than a ha...
- Uber leads $170 million investment in bike-sharing startup LimeThe two firms previously had an agreement allowing users to find and rent bikes and scooters with either of the applications.
- Ola and Uber look beyond cab hailing to drive growthBoth mobility platforms are expected to bank on bike taxis and rentals to shore up ride numbers.
- Uber ties up with electric cycle sharing app YuluYulu is a dockless, lithium-powered scooter focusing on the sub-5 km first- and last-mile connectivity, the same market which Ola backed Vo...
- Uber lays out its plan for long-term self-disruptionThe company’s long-term goal is to let users book all transit within its app. It’s not the only startup with a vision of a fully tech-enabl...
- Uber asks for Chinese tariff exclusion as it cranks out e-bikesUber has ambitious plans for its bike and scooter business, and the tariffs could pose a significant cost for the San Francisco-based compa...
- Drivezy eyes $60 million in the tankLatest round by vehicle-sharing platform is set to value the firm at $400 million.
- Job surge for people with niche IT skillsThe demand for data analysts, machine learning/artificial intelligence experts, cybersecurity and product development experts is outstrippi...
- Tech startups, e-commerce companies like Flipkart, Ola, Snapdeal, Uber cut down on joining bonusesExperts said e-commerce companies have become prudent as they are under pressure from investors to focus on profitability.
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