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RIDE HAILING ACQUISITION
Bengaluru professional says Mumbai's biggest surprise wasn't its weather or traffic, but this everyday experienceA talent acquisition manager's viral LinkedIn post highlights Mumbai's auto-rickshaw drivers' unexpected courtesy. After a driver went out ...- 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 ...
- Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- Uber to expand premium offerings with Germany's Blacklane acquisitionUber Technologies has agreed to acquire Berlin-based chauffeur service Blacklane as part of its push into premium and executive travel, th...
- Uber plans to acquire Germany's premium chauffeur services startup BlacklaneUber is set to acquire German premium chauffeur service Blacklane. Sources suggest the deal is nearing completion. Blacklane, founded in 20...
- Grab to buy Delivery Hero's Foodpanda Taiwan business for $600 millionThe Taiwan purchase gives the Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expa...
- Grab-GoTo deal hits snag caused by state-backed holder’s stakeGrab’s planned multibillion-dollar takeover of GoTo has stalled as Telkomsel, a state-linked shareholder, resists selling its 2% stake at c...
- Uber, Lyft to test Baidu robotaxis in UK from next yearIt highlights how ride-hailing platforms are accelerating autonomous rollout through partnerships, positioning London as an early proving g...
- Singapore's Grab not in talks with GoTo over a buyoutGrab denied reports of acquisition talks with Indonesian competitor GoTo, quashing market speculation about a potential merger. The stateme...
- Rapido’s gross order value soars 2.5x in FY25 to $1.25 billionUrban mobility startup Rapido more than doubled its gross order value to $1.25 billion in FY25, driven by new services. However, rising cas...
- Who are the Jaggi brothers—and how did Gensol, BluSmart get here?India’s markets regulator Sebi has accused BluSmart founders Anmol and Puneet Singh Jaggi of diverting funds from their listed firm Gensol ...
- Uber India logs 41% rise in operating revenue at Rs 3,762 crore; loss narrows 71%Improvement in ride-hailing services and growth in support and service operations helped slash losses from Rs 311 crore to Rs 89 crore. Ove...
- Singapore regulator raises concern on Grab plan to buy Trans-cabThe commission said in a statement that it was unable to conclude at the end of its first phase of review of the proposed acquisition that ...
- Grab to buy Singapore's third-largest taxi company Trans-CabThe acquisition would include a combined taxi and private-hire-vehicle fleet of more than 2,500 vehicles owned by Trans-Cab, they said.
- Lyft sells self-driving tech unit to Toyota for $550 millionThe acquisition of Level 5 automation will provide Toyota access to the U.S. ride-hailing firm's more than 300 employees of the essentially...
- Uber weighs purchase of BMW-Daimler ride-hailing ventureUber has been looking to shed minority holdings in several ride-hailing operations recently, including portions of its stakes in China’s Di...
- Ola acqui-hires Pikup.ai to build mobility techPikup.ai works on technologies such as artificial intelligence, computer vision and sensor fusion to build autonomous driving technologies.
- 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.
- 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.
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