Uber’s ride with Zomato has concluded. The ride-hailing firm sold its 7.8% stake in the lossmaking food delivery firm on Wednesday for over $390 million, a person familiar with the matter said, becoming the latest large institutional investor to exit the Indian firm. The U.S. firm, which reported a net loss of $2.6 billion for… Continue reading Uber’s ride with Indian food delivery firm Zomato comes to an end
Tag: Uber
Vietnam’s EWA provider Nano Technologies raises $6.4m led by Openspace
Vietnam’s earned wage access (EWA) provider Nano Technologies has raised $6.4 million in an oversubscribed pre-Series A round led by Singapore-based venture capital firm Openspace, according to an announcement. Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners were the new investors in the round alongside existing backers Golden Gate Ventures, FEBE Ventures, FJLabs,… Continue reading Vietnam’s EWA provider Nano Technologies raises $6.4m led by Openspace
Wikipedia Articles Sway Some Legal Judgments
In 2005, the Irish Supreme Court ruled in favor of a woman who sued a landowner for compensation in 1997 after she lost her footing while watching the sunset and tumbled over a cliff edge, breaking numerous bones in the process. The ruling, which has since been cited in numerous other legal decisions in Ireland,… Continue reading Wikipedia Articles Sway Some Legal Judgments
Uber likely seller of 7.8% stake in India’s Zomato
Uber Technologies is the likely seller of a 7.8% stake in Indian food delivery firm Zomato being disposed of via a $373 million block deal on Wednesday, according to a source with direct knowledge of the matter. The offer size of 612 million shares worth $373 million is based on the lower end of a… Continue reading Uber likely seller of 7.8% stake in India’s Zomato
Hear how to accelerate slow-moving industries on TechCrunch Live
Dan Lewis launched Convoy in 2015 into an established industry dominated by several legacy businesses. Now worth $3.8 billion, the company is a leader in bringing digital services to trucking and freight. We’re thrilled to have him on TechCrunch Live this week, along with Chris Howard, founding partner at Fuel Capital, which invested in Convoy’s… Continue reading Hear how to accelerate slow-moving industries on TechCrunch Live
The Standard, Bangkok Mahanakhon é oficialmente inaugurado como referência do grupo global na Ásia
Localizado dentro do icônico King Power Mahanakhon, esse refúgio urbano oferece design de alto nível, lojas e programação cultural, repleto de ofertas dinâmicas de gastronomia, bebidas e vida noturna BANGKOK, 2 de agosto de 2022 /PRNewswire/ — O The Standard tem o prazer de anunciar a inauguração do The Standard, Bangkok Mahanakhon, seu carro-chefe na Ásia e… Continue reading The Standard, Bangkok Mahanakhon é oficialmente inaugurado como referência do grupo global na Ásia
How to run growth marketing during a recession
Jonathan Martinez Contributor Jonathan Martinez is a former YouTuber, UC Berkeley alum and growth marketing nerd who’s helped scale Uber, Postmates, Chime and various startups. More posts by this contributor How to improve retention, growth marketing’s golden metric When and how to hire your startup’s first growth marketer They say pressure makes diamonds. I’d say… Continue reading How to run growth marketing during a recession
Uber turns the corner, generates massive pile of free cash flow in Q2
The question of whether Uber would be able to self-support was at least partially answered Tuesday with the company’s second quarter earnings report. In its Q2 digest, the American ride-hailing and food delivery giant reported positive free cash flow, indicating that it can now self-fund, putting to rest — at least in today’s market —… Continue reading Uber turns the corner, generates massive pile of free cash flow in Q2
The Standard, Bangkok Mahanakhon opent officieel als het vlaggenschip van de Global Group in Azië
Deze stedelijke retraite is gevestigd in de iconische King Power Mahanakhon en biedt design, detailhandel en culturele programmering van wereldklasse, die is verankerd in een dynamisch aanbod van eten, drinken en het nachtelijk aanbod BANGKOK, 2 augustus 2022 /PRNewswire/ — The Standard is zeer verheugd om de opening aan te kondigen van The Standard, Bangkok Mahanakhon, het… Continue reading The Standard, Bangkok Mahanakhon opent officieel als het vlaggenschip van de Global Group in Azië
Uber turns quarterly cash flow positive for the first time in Q2The number of drivers and delivery agents rose 31% to 5 million.
Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services. Uber shares, which have lost more than 40% this year, surged 15% to $28.41 in premarket trading and helped drive an 8% gain in rival… Continue reading Uber turns quarterly cash flow positive for the first time in Q2The number of drivers and delivery agents rose 31% to 5 million.