We are Sorry, This Page doesn't Exist
China"s Didi, Ant Financial weigh joint $2 bln Ofo buyout: source
Chinese ride-hailing giant Didi Chuxing and Alibaba's Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, according to a source with direct knowledge of the discussions......»»
Electric bike-sharing startup Wheels raises $50 million in latest funding round
Electric bike-sharing startup Wheels said it has raised more than $50 million in its latest funding round led by venture capital firm DBL partners, as the company looks to expand into the U.S. and international markets......»»
China"s MoBike shutting some international operations
Chinese bike-sharing startup Mobike is shutting down operations in Australia and South and Southeast Asia, months after rival Ofo began winding down its international division......»»
A startup born at MIT just got $16 million to build better hardware for bike and scooter sharing
Superpedestrian Superpedestrian, a startup born out of MIT, has raised $16.5 million in funding from top-tier venture.....»»
Unicorns on Scooters: Another E-Scooter Sharing Startup Is Eyeing the $1 Billion Club
Like Bird, its main rival, Lime is raising money at a valuation of $1 billion. Lime, the bike and scooter sharing company, is raising about .....»»
Chinese bike-sharing startup Ofo is scaling back its US ambitions
Chinese bike-sharing startup Ofo is backpedaling on its US business......»»
Here’s Why the Chinese Bike-Sharing Startup Ofo Slammed the Brakes in the U.S.
Facing strict regulations abroad, Ofo has scaled back its plans for global expansion. Ofo, on.....»»
Chinese bike-sharing startup Ofo considering bankruptcy: Financial Times
Chinese bike-sharing startup Ofo, backed by Alibaba Group Holding Ltd , has "immense" cash flow problems and has considered applying for bankruptcy, the Financial Times reported on Wednesday......»»
China bike-sharing firm Ofo faces "immense" cash crunch, CEO vows to battle on
Chinese bike-sharing startup Ofo, backed by Alibaba Group Holding Ltd , is battling "immense" cash flow problems and disbanding the firm has been considered as an option, its chief executive said in a letter to employees......»»
Bike-sharing firm Ofo"s dramatic fall a warning to China"s tech investors
On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair - chains unhooked, wheels buckled and paint starting to fade - reflecting the quick rise and sharp fall of the Chinese bike-sharing startup......»»
WeWork discloses $3.2B loss in 2020 as it seeks SPAC deal
WeWork lost $3.2 billion last year, according to documents shown to prospective investors by the office-sharing startup as apart of a pitch for $1 billion in investment and a stock market listing, the Financial Times reported on Monday......»»
WeWork co-founder Neumann sues SoftBank over failed tender offer
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startup's shareholders......»»
SoftBank sees wider loss of $8.4 billion on WeWork write-down
SoftBank Group forecast a for the fiscal year ended in March, adding $1.4 billion to its prediction from just two weeks ago because of deeper difficulties at the office-sharing startup The Japanese... To view the full story, click the title link......»»
New company tops list of largest commercial property owners
SoftBank Group forecast a for the fiscal year ended in March, adding $1.4 billion to its prediction from just two weeks ago because of deeper difficulties at the office-sharing startup The Japanese... To view the full story, click the title link......»»
SoftBank sees wider loss of $8.4 billion on WeWork writedown
SoftBank Group forecast a for the fiscal year ended in March, adding $1.4 billion to its prediction from just two weeks ago because of deeper difficulties at the office-sharing startup The Japanese... To view the full story, click the title link......»»
WeWork special committee files lawsuit against SoftBank after tender offer falls through
The special committee on the board of The We Company, which operates office-sharing startup WeWork, filed a lawsuit against its largest shareholder SoftBank Group Corp on Tuesday, challenging its decision to terminate a $3-billion tender offer......»»
Magic Leap, the hyped-up smart-glasses startup that raised over $2.6 billion from investors like Google, is reportedly exploring a sale (GOOG, GOOGL)
Getty Magic Leap, a much-hyped augment.....»»
WeWork says to become free cash flow positive by 2022
Office sharing startup WeWork on Tuesday brought forward its target for becoming free cash flow positive by a year to 2022 and said it expects to post its first ever $1-billion revenue quarter this year......»»
Chinese office-sharing startup Ucommune files for IPO
Chinese office-sharing company Uc.....»»