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UBER POTENTIAL ACQUISITION
Instacart in talks for sale: The InformationShares of Instacart closed about 9% higher and were up nearly 1% in extended trading. The company currently has a market value of about $12...- Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
- Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...
- 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 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 ...
- Should you follow suit? Here's why billionaire Bill Ackman bought $2.3 billion worth of this stockBillionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman ...
- Paytm biz acquisition may boost going-out vertical's gross order value to Rs 10,000 crore by FY26: Zomato CEOZomato's purchase of Paytm's events and movie ticketing division hinges on effective customer transition and team integration, as noted by ...
- Uber partners with WhatsApp, enables users to book a ride in HindiUber announced the launch and expansion of the WhatsApp to Ride (WA2R) product feature for users in Delhi NCR which will help riders across...
- Zomato frontrunner to acquire UberEatsTalks for the acquisition come even as Zomato is in the midst of raising capital where it has already got a commitment from existing backer...
- 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.
- Ola in talks with Temasek to add up to $1 billion to war chestOla was last valued at $4 billion when it raised $400 million from Chinese internet conglomerate Tencent in September.
- UberEATS and Zomato in talks to acquire RunnrBoth UberEATS and Zomato have given a term sheet to Runnr, where the offer from US-based cab-hailing application is pegged to be higher, sa...
- Google's former star employee is now its enemy number oneAnthony Levandowski is accused of taking incredibly valuable intellectual property from Alphabet to his current company, Uber Technologies ...
- Airbnb said to turn a profit, expects earnings this yearReaching profitability puts Airbnb on a very different footing than its fellow upstart, Uber Technologies Inc. The ride-hailing company los...
- Uber won’t pay more than $2 billion for ride-hailing rival LyftLyft has been working with Qatalyst Partners to solicit interest from potential acquirers, people familiar with the matter said.
- Uber won't pay above $2 billion for LyftCompetition between Uber and Lyft has made rides more affordable for Americans. Lyft has managed to claw market share away from Uber in maj...
- 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...
- Olacabs to buy TaxiForSure to take on competitors like Uber; deal likely at Rs 1,250 croreAccording to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.
- Global taxi-hailing app Uber in talks for fresh fundingThe talks of fresh round of funding comes less than a year after the five-year-old co raised $258 million at $3.5 billion valuation in Aug ...
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