Advertisements



Toyota to Invest $1 Billion in Ride-Hailing Startup Grab

Toyota’s $1 billion investment in Southeast Asian ride-hailing firm Grab reflects CEO Akio Toyoda’s view that the company needs to expand beyond making cars to survive......»»

Category: smallbizSource: wsjJun 13th, 2018

Toyota’s Self-Driving Investment in Uber Values the Ride-Hailing Company at $72 Billion

The Japanese automaker will invest about $500 million Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a.....»»

Category: europeSource: fortuneAug 27th, 2018

Exclusive: SoftBank nearing $500 million investment in ride-hailing firm Grab - sources

SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said......»»

Category: topSource: reutersOct 5th, 2018

Exclusive: SoftBank deepening ties to ride-hailing firm Grab with $500 million funding - sources

SoftBank Group Corp is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said......»»

Category: topSource: reutersOct 5th, 2018

SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab -source

SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»

Category: topSource: reutersDec 21st, 2018

SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab: source

SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»

Category: topSource: reutersDec 21st, 2018

Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab

If the $40 billion deal between Grab and Altimeter goes through, it would make for the largest SPAC deal on record. Tan Hooi Ling is a co-founder of Grab and the current COO. S3studio/Getty Images Altimeter Capital is i.....»»

Category: worldSource: nytMar 11th, 2021

SoftBank-backed Grab raises $856 million from Japanese investors in financial services push

Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services......»»

Category: topSource: reutersFeb 25th, 2020

Grab CEO says the company can go public "once we"re profitable"

Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn't go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab......»»

Category: topSource: moneycentralNov 15th, 2019

Uber Freight launches in Germany, taking on local competition

U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market......»»

Category: topSource: reutersJul 24th, 2019

Uber Freight launches in Germany, faces local competition

U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market......»»

Category: topSource: reutersJul 24th, 2019

Uber unveils IPO terms that are well below expectations

Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup's insiders had hoped for, between $80.5 billion and $91.5 billion......»»

Category: topSource: reutersApr 26th, 2019

Uber unveils IPO terms that temper expectations

Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company lower than the startup's insiders had hoped, between $80.5 billion and $91.5 billion......»»

Category: topSource: reutersApr 26th, 2019

Exclusive: Grab targets another $2 billion funding this year: CEO

Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia's biggest ride-hailing firm said, just weeks after it announced funding of over $4.5 billion in the region's largest private financing round......»»

Category: topSource: reutersApr 8th, 2019

Factbox: Venture backers reap multibillion-dollar payday in Lyft IPO

Lyft Inc's initial public offering on Thursday marked the latest chapter in the seven-year journey of the U.S. ride-hailing app, from a startup backed by seed funding to a publicly traded company worth more than $27 billion......»»

Category: topSource: reutersMar 29th, 2019

Lyft shares soar on Nasdaq debut, setting stage for Uber

Lyft Inc's shares opened up more than 20 percent in their market debut on Friday, giving the ride hailing startup a market value of more than $27 billion, amid strong investor demand that bodes well for larger rival Uber Technologies Inc......»»

Category: topSource: reutersMar 29th, 2019

Lyft shares surge 21.2 percent on Nasdaq debut after IPO

Lyft Inc shares on Friday opened up 21.2 percent at $87.24 in its market debut on the Nasdaq after the company was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup......»»

Category: topSource: reutersMar 29th, 2019

Lyft indicated to open 19.4 percent higher for Nasdaq debut, after IPO

Lyft Inc shares on Friday were seen opening 19.4 percent higher at $86.00 in its market debut on the Nasdaq, after the company was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup......»»

Category: topSource: reutersMar 29th, 2019

Lyft valued at $24.3 billion in first ride-hailing IPO

Lyft Inc 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 amid strong investor demand......»»

Category: topSource: moneycentralMar 28th, 2019

Lyft valued at $24.3 billion in first ride-hailing IPO

Lyft Inc 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 amid strong investor demand......»»

Category: topSource: reutersMar 28th, 2019

Lyft said valued at $24.3 billion in first ride-hailing IPO

Lyft Inc 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 amid strong investor demand, according to people familiar with the matter......»»

Category: topSource: moneycentralMar 28th, 2019