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DOORDASH STOCK BUYBACK
DoorDash's rising labour costs weigh on Q1 profit outlook, shares fallThe delivery firm, which also reported a wider-than-expected loss for the fourth quarter ended December 31, has increased minimum pay for i...16 Feb, 2024, 08.33 AM 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
- SoftBank may turn profit after $48 billion in Vision Fund lossesSoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence...07 Aug, 2023, 08.53 AM IST
- SoftBank CEO Masayoshi Son to skip earnings call for first time as tech slumpsThe founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for d...06 Feb, 2023, 03.03 PM IST
- Digit Insurance files for Rs 5,000 crore IPO; Tiger slashes portfolio to the boneDigit's IPO plans come at a time when tech stocks have dipped owing to worsening macroeconomic conditions.16 Aug, 2022, 08.39 PM IST
- Food delivery firm DoorDash approves $400 million stock buybackAccording to the company's filing, the move is being made to offset dilution from its employee stock-compensation programme.20 May, 2022, 11.51 AM IST
- SoftBank founder Masayoshi Son loses $25 billion in tech's brutal winterFrom China’s tech crackdown to Russia’s invasion of Ukraine, inflation to the markets, a litany of troubles has beset Masayoshi Son and his...16 Mar, 2022, 09.39 AM IST
- Cloudtail India to shut down in May 2022In today's Top 5: Amazon India's biggest seller is halting operations from next May, UpGrad is joining the startup unicorn club, and Paytm ...09 Aug, 2021, 07.23 PM IST
- Too young to drive, old enough to investThe upcoming parade of startup IPOs has grabbed the attention of investors as young as 16, who plan to use their parents' demat accounts to...14 Jul, 2021, 02.26 AM IST
- SoftBank breaks profit recordsIn today's ETtech Top 5 newsletter: SoftBank has clocked the highest ever profits for a Japanese firm, eBay taps into the phenomenon that i...12 May, 2021, 07.31 PM IST
- View: Can Masa Son outshine SPAC superstar Chamath Palihapitiya?SoftBank managed to raise only $600 million last year in the US SPAC boom. Chamath Palihapitiya, a venture capitalist and social influencer...04 Mar, 2021, 07.31 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
- After WeWork, SoftBank’s startup accounting model under fire. Oyo raises eyebrowsThe Vision Fund put $250 million into Oyo in 2017 and led a $1 billion funding round last year, which pushed the Indian company’s valuation...26 Nov, 2019, 09.48 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
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