November 7th, 2017SoftBank CEO Masayoshi Son on Monday said he could still walk away from the deal between SoftBank Group Corp and Uber, after the negotiations for stake in the cab aggregator platform. He also added that perhaps the company may even invest in Uber's rival Lyft.
“Depending on the price and conditions, it is wholly possible we could...
August 23rd, 2017Four mutual fund companies have marked down their investments in Uber Technologies Inc by as much as 15 percent following the ride-hailing company’s scandal-ridden year, the Wall Street Journal reported on Tuesday.
Three of the investors, Vanguard Group, Principal Funds and Hartford Funds, all marked down their shares by 15 percent...
August 4th, 2017Cab-aggregator platform Uber technologies, claims to have finally touch double-digit growth in the country and almost 2.5 times year-on-year growth as of June 2017.
This seems to be a huge success for Uber, where it has been in regular competition with Indian giant cab-aggregator Ola, whose numbers were bigger than Uber.
Uber...
