Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...

DoorDash is making a significant push into Europe with the $3.9 billion acquisition of Deliveroo, expanding its reach to 40 countries. Mean...

The stake purchase from Turkish e-commerce firm Trendyol Group gives Uber control of a platform that serves customers nationwide, deliverin...

Uber is in early talks to acquire BluSmart Mobility, boosting its electric cab presence in India. The move comes amid Gensol Engineering’s ...

Billionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman ...

Careem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.

Zomato’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.

This 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, which competes against US-based Uber, counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among...

Ride-hailing company raises $50 m from two new Chinese investors at $3.7-4.3 b valuation.

The acquisition will be made through Lazarus Holdings, which is incorporated in Singapore, and is a special purpose vehicle which will be u...

The Uber founder is buying a controlling stake in a distressed real estate company called City Storage Systems and installing himself as th...

Ola was last valued at $4 billion when it raised $400 million from Chinese internet conglomerate Tencent in September.

The 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 ...

While 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...

The latest fund-raising is on top of a $50-million tranche Meru secured this week from existing investor India Value Fund Advisors (IVFA).

Meru 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...