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Expedia stock jumps on report that Uber explored a takeover of the travel platform
Uber execs recently met with advisors to discuss whether an Expedia deal could happen and how it mi…
Theron Mohamed
OpenAI is reportedly raising at a $150 billion valuation — making it worth more than 88% of Fortune 500 firms
The company is also looking to raise $5 billion in debt, Bloomberg reported.
Shubhangi Goel
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…
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
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
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
Softbank's $9 billion net loss last year has a lot to do with Uber and WeWork
The Softbank Vision Fund had $75 billion invested in 88 startups but they were worth 7% less in…
Uber dismisses report that said it's planning to sell off its India business
Bloomberg reported that the US-based company explored selling the India business, but "suspended…
A deep tech investor predicts these 3 AI startups will become the decacorns of this decade with valuations of over $100 billion
Amir Khan, who has known about ChatGPT for 10 years, says these startups are at the forefront of te…
Amir Khan
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
Uber is going public at a $90 billion valuation
The ride-hailing giant says it plans to offer 180 million shares at a price between $44 and $…
Theron Mohamed
Moglix more than doubles its valuation in nine months
The e-commerce platform is now valued at $2.6 billion after the latest funding round. Overa…
Uber is reportedly considering another investment in Lime, in a round that would sink the embattled scooter startup's valuation by nearly 80% — and give Uber the option to buy it in 2 years
As a part of the deal, Uber will have the option of buying Lime between 2022 and 2024 at a specific…
Bani Sapra
Uber's investment in Didi could help unlock 40% upside potential in the US ride hailing giant's stock, Bank of America says
"Based on 1.9 billion shares outstanding for Uber, we estimate that translates to an incremental ~$…
Matthew Fox
Insiders are predicting a giant wave of machine-learning acquisitions as valuations plummet and giants like Snowflake eye takeover opportunities
Investors and insiders who poured hundreds of millions into machine-learning startups now expect a …
Matthew Lynley
Ola raises nearly $50 million from New York-based hedge fund; valuation to go over $3 billion
India's largest taxi aggregator Ola raised funds from hedge fund Tekne Capital Management, and …
Stripe hit a $95 billion valuation, leapfrogging SpaceX, Instacart, and Didi Chuxing on the leaderboard of tech giants
Stripe's new $600 million fundraise makes it the most valuable private company in Silicon Valley, a…
Kate Duffy
Uber is likely to pump in Rs 1k crore every month to drive out Ola, utilise every penny
ET quoted a source in its report who said that Uber had not used up all the cash from the first $1-…