Techmeme

Results 381 - 390 of about 2233:

Bloomberg:
Sources: Uber is in advanced talks to acquire its Dubai-based rival Careem, valuing the company at $3B, in a deal that could be announced in the coming weeks   —  - Dubai-based Careem may be valued at about $3 billion in a sale  — Companies may be ready to announce a deal in the coming weeks
Feb 28, 2019, 1:13 PMIn context
Fred Imbert / CNBC:
Lyft will give long-serving and highly active drivers an up to $10,000 bonus in cash or stock equivalent at its IPO price; report: Uber plans a similar bonus   —  - Uber's plan would give some drivers either a cash bonus or the option to use that money to buy shares at the IPO price, the report says.
Feb 28, 2019, 8:25 AMIn context
Grace Dobush / Fortune:
BMW and Daimler merge 14 services into five joint ventures including Reach Now for multimodal services, Free Now for ride-hailing, and Share Now for car-sharing   —  When Daimler and BMW announced a plan to fuse carsharing services Car2Go and DriveNow in March 2018, it was largely …
Feb 22, 2019, 9:35 AMIn context
Aditi Shrivastava / The Economic Times:
Sources: Uber Eats is in the final stages of negotiations to sell its India business to rival Swiggy, which raised $1B in last December, in return for 10% stake   —  Stock swap deal may give Uber Eats around 10% in rival, expected to close by March  —  In what would be one of the most …
Feb 21, 2019, 11:35 PMIn context
Dan Primack / Axios:
DoorDash says it has raised $400M in new VC funding at a $7.1B post-money valuation, up from a $4B valuation in August   —  On-demand food delivery company DoorDash has raised $400 million in new venture capital funding at a $7.1 billion post-money valuation.
Feb 21, 2019, 4:35 PMIn context
Jon Russell / TechCrunch:
Lalamove, a Hong Kong-based on-demand delivery startup, has closed a $300M funding round split into two tranches, says it has been valued over $1B for some time   —  Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia.
Feb 20, 2019, 8:45 PMIn context
Andrew J. Hawkins / The Verge:
Uber and GM's Cruise open source their self-driving car visualization software, a rare move in the hyper-competitive autonomous world   —  ‘See’ the world of a self-driving car with these free web portals  —  By now you've probably seen those top-down graphical images of a self-driving car …
Feb 19, 2019, 3:18 PMIn context
Ananya Bhattacharya / Quartz:
In the rivalry between Uber and Ola in India, Ola is relying on global expansion and acquisitions while Uber is using innovation to solve local problems   —  This post has been updated.  —  Six years into their fierce rivalry in India, call-taxi majors Ola and Uber are still trying …
Feb 18, 2019, 6:40 AMIn context
Andrew J. Hawkins / The Verge:
Uber sues New York City over the law that caps the number of ride-hail cars and pauses the issuance of licenses to drivers for 12 months starting last August   —  The city's approach amounts to a ‘ban first, study later’ approach, Uber says  —  Uber filed a lawsuit on Friday to overturn …
Feb 15, 2019, 4:45 PMIn context
Kia Kokalitcheva / Axios:
Uber reports Q4 revenue of $3B, up 24% YoY, gross bookings of $14.2B, up 37% YoY, and adjusted EBITDA losses of $842M, up 88% YoY and 60% QoQ   —  Uber on Friday released its latest quarterly financials, likely its last before formally filing to go public. showing continued growth and investment in areas like UberEats.
Feb 15, 2019, 1:28 PMIn context

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