With a new $100-billion technology fund, SoftBank is likely to go after market leaders. SoftBank Chief Executive Officer Masayoshi Son wants to propel his group towards what he calls SoftBank 2.0;......
Uber is estimated to have lost around $2 billion in China. India will now become the next big battleground for Uber Technologies after it accepted defeat in China by opting to merge with local......
Interestingly, in India, Uber is locked in an intense battle with market leader Ola, which counts Didi as an investor. Ride-hailing firm Didi Chuxing will acquire US-based Uber......
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India. ANI Technologies, the company that owns India’s largest taxi aggregator,......
US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion. A substantial portion of the $3.5 billion raised by taxi aggregator Uber from......