Uber's investors come in all stripes: state-owned banks and corporations, sovereign wealth funds, VC funds, business conglomerates and public pension
The robust investment comes in despite policy headwinds but going ahead, hostile conditions may lead to a dropoff in Chinese funding this year.
In its IPO filing, the company said it is "using a proactive and collaborative approach with regulators" and "rebuilding and strengthening" its rela
SoftBank struck the deal shortly before announcing in March that it would launch the $5 billion Innovation Fund focusing on Latin America.
SoftBank will invest $333 million from its Vision Fund while Toyota and Denso will put in $667 million.
SoftBank has agreed to give up board seats, access to sensitive information, take a more passive role in startups to get US clearance for its technolo
The acquisition makes Careem a wholly owned subsidiary of Uber and will keep the Careem brand and app intact, at least initially.
IPOs & Markets
The timing for Uber's IPO means it will most likely hit public markets soon after Lyft completes its own public offering, which is expected to happen
Lyft's revenue was $2.16 billion (1.63 billion pounds) for 2018, double the previous year and up 528 percent from 2016.
Drivers who have driven the longest and logged the most miles for the companies may get the rare chance to purchase stock in the IPO, before shares be
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.