Clik here to view.
Uber prepares to acquire rival Careem in $3 billion deal
Uber is preparing to acquire Dubai-based rival Careem in a $3 billion deal, according to two sources familiar with the matter.Read More
View ArticleClik here to view.
Uber confirms it’s acquiring Middle East rival Careem for $3.1 billion
Uber has confirmed reports that it's building out its presence in the Middle East, Africa, and Asia by acquiring Dubai-based ride-hailing service Careem. Read More
View ArticleClik here to view.
Careem CEO: Uber deal is a ‘lift-off moment’ for the Middle East’s startup...
Careem's CEO hopes that selling his company to Uber for $3 billion will be more than a payday -- it could be a lift-off moment for the whole region.Read More
View ArticleClik here to view.
Lyft was valued at $24.3 billion in its IPO, and raised more than it planned
Lyft was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do.Read More
View ArticleClik here to view.
How Waze is using data pacts, beacons, and carpools to win over cities
Google-owned Waze now has 900 third-party partnerships in place as part of its free two-way data exchange program designed to improve cities.Read More
View ArticleClik here to view.
Grab seeks another $2 billion for expansion across Southeast Asia
Grab is looking to raise another $2 billion this year to ramp up expansion, just weeks after announcing over $4.5 billion of funding.Read More
View ArticleClik here to view.
Uber expects a long wait before self-driving cars dominate
Uber expects it will be a long time before one of its biggest investments, self-driving cars, is ready for wide-scale deployment.Read More
View ArticleClik here to view.
Uber launches vouchers for businesses to give customers complimentary rides
Uber Vouchers is a new program that makes it easier for businesses to give their customers free rides on the ride-hailing service. Read More
View ArticleClik here to view.
Uber’s 250 autonomous cars have driven ‘millions’ of miles and transported...
In documents filed with the U.S. Securities and Exchange Commission, Uber gave something of a progress update on its autonomous vehicle initiatives.Read More
View ArticleClik here to view.
Lyft rolls out continuous background checks for drivers and enhanced identity...
Lyft announced that it will begin rolling out continuous background checks for drivers and enhanced identity verification.Read More
View ArticleClik here to view.
Pinterest shares rise 28% on first day of trading, worth $13 billion
Shares of Pinterest closed 28.58% higher than the IPO price on the first day of trading, giving the image-sharing site a $12.83 billion valuation.Read More
View ArticleClik here to view.
Toyota, Denso, and Softbank invest $1 billion in Uber’s self-driving division
Toyota, Denso, and Softbank have announced that they'll invest over $1 billion collectively in Uber's self-driving division.Read More
View ArticleClik here to view.
How Gridwise uses data and real-time alerts to help Uber drivers earn more
Gridwise claims it can help drivers earn as much as 39% more per hour by tapping vast swathes of data to notify drivers where they should be, and when.Read More
View ArticleClik here to view.
PayPal plans $500 million Uber investment
PayPal plans to invest $500 million in Uber as the ride-hailing firm readies to unveil terms for its IPO on Friday, Refinitiv IFR reported.Read More
View ArticleClik here to view.
Uber’s IPO could raise $10 billion at an $84 billion valuation
Uber seeks to generate between $9 billion and $10 billion at its upcoming IPO through selling 207 million shares, with a valuation of up to $84 billion.Read More
View ArticleClik here to view.
Slack makes IPO filing public: 82% revenue growth last year but deeply...
Slack confirmed its IPO plans by making public a securities filing showing the communications platform is still growing but remains deeply unprofitable.Read More
View ArticleClik here to view.
Masabi raises $20 million for mobile ticketing tools
Masabi, a U.K.-based developer of mobile ticketing and public transport payments software, has raised $20 million in a series B funding round.Read More
View ArticleClik here to view.
Uber Pro expands to drivers in 20 new U.S. cities, launches international...
Uber is expanding its driver-focused Uber Pro service to 20 more U.S. cities as it prepares to roll the service out internationally.Read More
View ArticleClik here to view.
Uber, Google, IBM, and others join Urban Computing Foundation to create tools...
The Linux Foundation today announced the Urban Computing Foundation, a new industry-wide effort to create software to 'support the cities of tomorrow.'Read More
View ArticleClik here to view.
Uber’s $82 billion valuation underwhelms in most-anticipated IPO since Facebook
Uber priced its IPO at the low end of its target for a valuation of $82.4 billion, an underwhelming result for the most anticipated IPO since Facebook.Read More
View Article