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 ...
12 Apr, 2026, 09.06 PM IST
Cooking up a deal: DoorDash's Europe push is fraught with challengesDoorDash is making a significant push into Europe with the $3.9 billion acquisition of Deliveroo, expanding its reach to 40 countries. Mean...
07 May, 2025, 03.10 PM IST
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...
06 May, 2025, 10.07 PM IST
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 ...
17 Mar, 2025, 11.37 AM IST
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 ...
11 Feb, 2025, 07.46 PM IST
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.
25 Mar, 2019, 09.20 AM IST
Delivery Hero buys Zomato’s UAE unitZomato’s decision to sell the UAE business comes at a time when it is in talks to raise $500 million to $1 billion in fresh funds.
05 Mar, 2019, 08.12 AM IST
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.
22 Feb, 2019, 05.45 PM IST
CCI approves founders additional share purchase in OlaOla, which competes against US-based Uber, counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among...
15 Oct, 2018, 07.00 PM IST
Ola gets more backers on board to race ahead, Sachin Bansal may pick stakeRide-hailing company raises $50 m from two new Chinese investors at $3.7-4.3 b valuation.
18 Sep, 2018, 09.53 AM IST
Ola founders seek CCI nod for hiking stake in cab aggregatorThe acquisition will be made through Lazarus Holdings, which is incorporated in Singapore, and is a special purpose vehicle which will be u...
06 Sep, 2018, 11.15 PM IST
Travis Kalanick buys real estate company, takes CEO reinsThe Uber founder is buying a controlling stake in a distressed real estate company called City Storage Systems and installing himself as th...
21 Mar, 2018, 09.07 PM IST
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.
06 Mar, 2018, 07.19 AM IST
Uber board selects Expedia CEO Dara Khosrowshahi to lead company out of crisisThe Expedia CEO is set to succeed Travis Kalanick, who grew Uber into a $20 bn annual booking biz last year, only to resign as CEO in June ...
28 Aug, 2017, 07.38 AM IST
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...
02 Aug, 2016, 07.16 AM IST
Meru Cabs in talks with Valiant Capital and Falcon Edge Capital to raise Rs 627 croreThe latest fund-raising is on top of a $50-million tranche Meru secured this week from existing investor India Value Fund Advisors (IVFA).
19 Mar, 2015, 01.26 AM IST
US-based Uber in talks to buy Meru CabsMeru Cabs is expecting a valuation of $400 mn and sources indicate that Uber will be looking at buying a majority stake in the Indian compa...
02 Feb, 2015, 06.58 PM IST