Uber unveils $20 billion stock buyback plan as loyalty program boosts growthUber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ...
06 Aug, 2025, 04.39 PM IST
Flipkart's Esop buyback; TCS employees await appraisalsIPO-bound Flipkart is conducting another round of Esop buybacks. This and more in today's ETtech Top 5.
11 Jul, 2025, 07.24 PM IST
While Ola taps new roads, our focus still ride-hailing: Uber CEO Dara Khosrowshahi54-year-old Dara Khosrowshahi, who steered Uber to full-year profits of $1.1 billion in 2023 globally, said Uber India was now a “self-sust...
26 Feb, 2024, 01.14 PM IST
Uber, Lyft drivers strike across US, demanding fairer payWorkers say the rideshare and food delivery platforms are taking disproportionate sums from their fares as fees, hurting their earnings. Th...
15 Feb, 2024, 09.34 AM IST
Wall Street ends higher, lifted by Uber, Lyft and NvidiaNvidia overtook Alphabet's market capitalization ahead of the dominant AI chipmaker's quarterly results next week, now with a with a stock ...
15 Feb, 2024, 06.58 AM IST
Uber hits record high after unveiling first-ever $7-billion share buybackInvestors cheered the plans, with shares rising 12%, on the same day that thousands of drivers for Uber, rival Lyft and food delivery app D...
14 Feb, 2024, 10.48 PM IST
HNIs, startup founders' demand for super luxury homes in Bengaluru causes scarcityThe scarcity of luxury homes in Bangalore's Silicon Valley is posing a challenge for high-net-worth individuals, including startup founders...
25 Oct, 2023, 06.50 PM IST
SoftBank, biggest investor in Didi, sinks after China blocks appThe investigations have dealt another blow to the shares of Masayoshi Son's tech and investing conglomerate
05 Jul, 2021, 02.16 PM IST
SoftBank discussing a ‘slow-burn’ buyout to go privateUnder Japanese regulations, Son could compel other shareholders to sell when he gets to 66% ownership, perhaps without paying a premium, th...
09 Dec, 2020, 11.46 PM IST
Son’s SoftBank poised to return to profit after big lossesSoftBank uses a number of approaches to value its stakes in private companies, including taking cues from their latest financing rounds and...
07 Aug, 2020, 08.38 AM IST
SoftBank Vision Fund posts record $17.7 billion loss on Oyo, WeWork and UberSoftBank lost $17.7 billion last fiscal year after writing down the value of investments.
18 May, 2020, 04.46 PM IST
SoftBank doubles buyback plans while Jack Ma leaves boardThat first buyback, announced in mid-March, initially failed to lift SoftBank’s stock amid concerns the conglomerate’s portfolio of startup...
18 May, 2020, 08.31 AM IST
SoftBank has spent $2.3 billion to buy own shares since MarchThe Tokyo-based company, led by founder Masayoshi Son, has said it expects to book a record 1.35 trillion yen operating loss for the year e...
16 May, 2020, 10.46 AM IST
Masa Son unveils a $41 billion asset sale to silence his criticsSon is trying to salvage his reputation as one of the world’s foremost tech investors, a name based largely on a prescient early bet on Ali...
24 Mar, 2020, 09.05 AM IST
SoftBank CEO faces tougher questions in US after market plungeThe Vision Fund is recovering from a series of stumbles. WeWork’s plan to go public last year imploded, forcing SoftBank to arrange a rescu...
03 Mar, 2020, 08.57 AM IST
How SoftBank’s Masayoshi Son became poorer by $6 billionThe Vision Fund is believed to be planning to swallow a charge of at least $5 billion.
06 Nov, 2019, 04.15 PM IST
This crypto startup has paid 6,567% return to its investorsA spokeswoman for Block.one said the company is using the revenue generated from selling tokens to expand its resources and build its busin...
22 May, 2019, 10.08 AM IST