Techmeme

Results 421 - 430 of about 2304:

CNBC:
Uber files for an IPO, says it had $11.27B in revenue, up 42% YoY, and an EBITDA loss of $1.85B in 2018   —  - Uber will list on the New York Stock Exchange under the symbol “UBER,” the company said in a filing released publicly on Thursday.  — The company posted net income of $997 million in 2018 …
Apr 11, 2019, 4:18 PMIn context
Reuters:
Sources: Uber to sell ~$10B worth of stock at $90B-$100B valuation in IPO, will make S-1 public Thursday, begin roadshow late April, and start trading early May   —  (Reuters) - Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering …
Apr 9, 2019, 9:45 PMIn context
Mike Butcher / TechCrunch:
Wayve claims its autonomous car relies only on AI, cameras, and GPS, unlike others such as Waymo that need HD maps, sensors, and hand-coded rules to drive   —  Projects like Google's Waymo, Uber, Cruise and Aurora are developing autonomous vehicles by throwing engineers at the problem …
Apr 3, 2019, 11:45 AMIn context
Jon Russell / TechCrunch:
Sources: Grab is considering spinning out its financial services business and is in talks with PayPal and Alibaba's Ant Financial over possible investments   —  Grab, the $16 billion-valued ride-hailing firm that acquired Uber's Southeast Asia business last year, is in talks with Alibaba's Ant Financial …
Mar 29, 2019, 11:10 AMIn context
CNBC:
Lyft prices IPO at $72 per share, which would value the company at over $20B and hit the top of its expected range   —  - Ride-hailing platform Lyft was funded early on by Peter Thiel's Founders Fund, Mayfield, K9 Ventures, Floodgate and others.  — Lyft is one of several aging start-ups expected …
Mar 28, 2019, 5:07 PMIn context
Joshua Franklin / Reuters:
Lyft raises its IPO price range from $62-$68 per share to $70-$72 per share, targeting a valuation of up to $24.3B   —  Joshua Franklin, Diptendu Lahiri  —  (Reuters) - Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past …
Mar 27, 2019, 11:55 PMIn context
Brittany A. Roston / SlashGear:
Uber brings Ride Pass, its $14.99+/month service that locks in a flat fee for UberX and UberPool trips, to 20 more US cities, up from five at its October launch   —  Popular ride-sharing service Uber has expanded its Ride Pass into 20 more cities, the company has announced …
Mar 26, 2019, 6:40 PMIn context
Noam Scheiber / New York Times:
Uber and other ride-hailing companies are working to shape labor rules by directly crafting laws in some cases, to avoid classifying drivers as employees   —  It was a potentially sweeping proposal from a Texas regulator: Companies that use a “digital network” to dispatch workers the way Uber does …
Mar 26, 2019, 12:40 PMIn context
Ryan Browne / CNBC:
Uber to acquire Middle East rival Careem in a $3.1B deal with $1.7B in convertible notes and $1.4B in cash   —  - Uber's $3.1 billion agreement to buy Careem consists of $1.7 billion in convertible notes and $1.4 billion in cash.  — Dubai-based Careem claims more than 30 million registered users …
Mar 26, 2019, 3:01 AMIn context
Bloomberg:
Sources: Uber to announce the $3.1B acquisition of Dubai-based Careem soon, paying $1.4B in cash and $1.7B in convertible notes at a price of $55 per Uber share   —  Uber Technologies Inc. is set to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem Networks FZ …
Mar 24, 2019, 10:38 AMIn context

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