May 11, 2022
Uber Taps Former Goldman Exec Sarah-Marie Martin to Head M&A,...
Uber has asked Sarah-Marie Martin, 48, an ex-Goldman Sachs banker, to be the head of its mergers and capital-markets group, Bloomberg writes. She’ll be a senior executive in the corporate...
May 10, 2022
Delivery Hero Loses 75% of Its Value, Briefly Falls Below...
As fears of the spread of the COVID-19 pandemic lessen, the food delivery industry continued its swift downturn with the news Tuesday (May 10) that Delivery Hero’s share price briefly...
May 03, 2022
SEC Probes Didi’s US IPO
The U.S. Securities and Exchange Commission (SEC) will be examining the public offering from Didi in the U.S., Bloomberg writes. The ride-hailing giant said it’s cooperating with authorities, though there...
April 28, 2022
Digital Freight Forwarding Company OnePort 365 Grabs $5M in Seed...
Digital freight forwarding company OnePort 365 grabbed $5 million in seed funding that it will use to improve its efficiency and lower its overhead on cross-border trading across Africa and...
April 28, 2022
Grab Financial Lending Boss Leaving for Indonesian Startup
The head of lending at Singapore’s Grab Financial will leave the company for Indonesian startup BukuWarung. As Bloomberg notes in a Thursday (April 28) report on the departure, Ankur Mehrotra’s...
April 27, 2022
GetUpside Becomes Upside, Raises New Capital and Debt Financing
Retail technology company GetUpside is being rebranded as Upside and has raised $65 million in equity financing and $100 million in debt financing, the company announced Tuesday (April 26). Participants...
April 27, 2022
Rivals WeRide, Pony Back Ride Hailing Firm OnTime
Rival Chinese autonomous driving companies WeRide.ai and Pony.ai have joined forces to invest in a $153 million funding round for ride-hailing platform OnTime. As Tech Funding News reported Wednesday (April...
April 26, 2022
Australia Fines Uber For Misleading Users On Cancellation Charges
Uber will pay roughly $19 million in penalties in Australia after the country’s competition regulator found it misled riders by warning of cancellation charges even within a designated fee-free window, reported...
April 25, 2022
Stitch Rolls Out Payments Product LinkPay
South African API infrastructure startup Stitch has launched LinkPay, which the company bill as its “core payments product.” According to a Monday (April 25) announcement, LinkPay “is the first payments...