While SoftBank still holds an equity stake in Nvidia, it has reportedly constructed a so-called collar trade of about $6 billion, which allows investors to amass stakes while protecting themselves against a decline in stock prices.
Yandex.Taxi, Russia’s largest ride-hailing service part-owned by Uber, is also looking to list in 2019.
The Israeli tech firm may sell its entire business or offload regional operations outside of its home market. It may also weigh a listing, partnership or sale of a minority stake to raise capital.
Headquartered in Sao Paulo, e-commerce startup Loggi flags delivery requests to nearby couriers, from motoboys (or motorcycle messengers) to vans. The widely used app calculates the fee and route.
Uber CEO Dara Khosrowshahi has made the company’s food-delivery business a top priority ahead of a planned IPO in the second half of 2019.
Uber and Careem held preliminary talks in July to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry in the region. A deal could value Careem at $2 billion to $2.5 billion
Son and Musk met in April 2017 to discuss an investment in Tesla. The talks touched on taking Tesla private, but failed to progress due to disagreements over ownership.
SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering.
The acquisition is part of ARM’s push into the Internet of things. Treasure Data is backed by investors including Sierra Ventures and SBI, a former subsidiary of SoftBank.
The Israeli tech company may sell Juno, the New York-based startup it bought in April 2017. Juno represents the bulk of Gett’s U.S. operations.