Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, reported …
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of the sovereign wealth fund spearheading a risky plan to diversify its economy.
Trading in Tesla shares in Germany on Monday pointed to a five percent drop when US markets open, Reuters reported.
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with US firm Altaba.
Uber is reportedly in “preliminary talks” with local competitor Careem to strike a deal that would see the two companies merge.
Some of the new money raised could go towards new business lines, one source said, adding Careem may be looking to diversify ahead of a potential initial public offering (IPO).
Snap Inc has celebrated its first anniversary as a publicly traded company on Friday, however, things are not quite what they envisioned when they bought shares in the hottest tech IPO in years.
SoftBank Vision Fund CEO Rajeev Misra has recently spoke out about Uber’s plans to go public pledging full support to the ride-hailing firm’s future plans.
Dell Technologies is exploring a range of options that could see the world’s largest privately held technology company grow further …
Dubai-based ride-hailing company Careem is looking for acquisition opportunities and is considering an initial public offering as a possible option – but has no timeframe in mind, its founder and CEO said.