You Searched For "Uber IPO" and got 20 results
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2 mins read
Karnataka announces cess on transactions conducted through aggregator platforms such as Swiggy, Zomato, Uber and more
The government of Karnataka has announced to impose new cess on transactions conducted through aggr…
2 mins read
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…
Hasan Chowdhury
2 mins read
Tesla's biggest competitor just announced a collab with Uber
Uber drivers could get discounts on 100,000 electric vehicles in various markets, and the companies…
Shubhangi Goel
2 mins read
Uber's smooth operator Dara Khosrowshahi has done something Travis Kalanick never could: turn a profit
The ride-hailing firm spent years burning through cash under its former CEO Travis Kalanick, but ha…
Hasan Chowdhury
1 min read
Ola's valuation slashed by more than half by Vanguard
Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more…
2 mins read
Bird, once primed to be the Uber of electric scooters and valued at $2.5 billion, just filed for bankruptcy
Bird said on Wednesday that it has filed for Chapter 11 bankruptcy in Florida after several years o…
Tom Carter
2 mins read
Billionaire heirs are getting richer than entrepreneurs as old money prevails amid IPO chill
UBS reported that new billionaires got more money from inheritance than entrepreneurship this year.…
Hayley Cuccinello
1 min read
Uber made a billion dollars from Zomato’s listing, without spending a single penny
The market value of Uber’s stake in the newly-listed company Zomato has surged to a whopping $1.2 b…
3 mins read
Instacart's stock falls below the IPO price. Here are 7 reasons why.
An analysis of Instacart's lackluster IPO performance and its tough grocery delivery business model.
Alistair Barr
2 mins read
Uber's investment in Didi could help unlock 40% upside potential in the US ride hailing giant's stock, Bank of America says
"Based on 1.9 billion shares outstanding for Uber, we estimate that translates to an incremental ~$…
Matthew Fox
6 mins read
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
2 mins read
Deliveroo cuts its IPO listing price to the bottom of the range - most big UK asset managers have said they won't invest
Most big UK asset managers will not invest in the Deliveroo IPO on Wednesday, citing worker's right…
Sophie Kiderlin
2 mins read
Didi's US shares plunge 25% after China cracks down on ride-hailing app, just days after $68 billion IPO
China on Sunday ordered app stores to remove Didi, the country's biggest ride-hailing app, only day…
Harry Robertson
1 min read
Chinese ride-hail giant Didi is reportedly eyeing a $70 billion valuation for its upcoming US IPO
Didi Chuxing, which roughly translates to "beep beep travel," is making its US debut in an especial…
Ethan Wu
2 mins read
Almost 200 Uber employees are suing the company over its disappointing IPO last year
In the days before its lackluster IPO, Uber moved up the issue date for employee stock units. That …
Graham Rapier
2 mins read
Didi's IPO will not make investors any money and the business is just as unprofitable as Uber and Lyft, a veteran stock analyst says
Didi jumped as much as 28% to $18 a share when it began trading on the New York Stock Exchange Wedn…
Emily Graffeo
2 mins read
SoftBank's Vision Fund posted a record $8 billion profit in the third quarter as its bets on DoorDash and Uber paid off
Booming markets - particularly for tech - helped SoftBank's Vision Fund bring in record 3rd-quarter…
Harry Robertson
2 mins read
Mark Cuban passed on Uber when it was worth $10 million or less. He missed out on billions of dollars in profits.
The tech billionaire and "Shark Tank" star tried to negotiate an even cheaper valuation for a compa…
Theron Mohamed
6 mins read
Dara Khosrowshahi hits the kill switch on Uber's moonshots
In this week's edition of Insider Tech we look at Uber's spinoff spree, Elon Musk's wish for a Mars…
Alexei Oreskovic
2 mins read
An Ex-Uber executive joins the SPAC frenzy, and Google's former CEO Eric Schmidt is among its special advisors
Emil Michael's DPCM Capital seeks to raise $250 million in an initial public offering to acquire a …