It seems Alphabet may be about to make a billion-dollar investment into ridesharing service Lyft — though whether it’s Google or some other part of Alphabet contemplating the buy-in remains a bit of an unknown, given Alphabet’s size and number of investment arms. Get the...
SoftBank has gotten one step closer to acquiring a considerable stake in Uber, as the ride-hailing company will soon formally offer some of its shares to investors in exchange for billions of dollars from SoftBank. Get the Full Story Complete the form to unlock this...
Westfield Corp., the real estate development company, and ridesharing company Uber announced news on Friday (Sept. 1) of a national partnership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Blockchain, the technology that makes cryptocurrency like bitcoin possible, is moving into the auto and ridesharing markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Uber’s new CEO, Dara Khosrowshahi, said during his first appearance in front of the company’s employees that he has set a timeline for an IPO of between 18 and 36 months. The news comes on the same day a court ruled that Benchmark’s lawsuit against...
In Uber news, Expedia chief executive officer Dara Khosrowshahi confirmed Tuesday (Aug. 29) he will become the new chief executive of ridesharing company Uber Technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
According to sources, the U.S. Justice Department has started a preliminary investigation into whether managers at Uber violated a federal law against foreign bribery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber Technologies may have been mulling General Electric Chairman Jeff Immelt as its new CEO, but it seems Expedia chief Dara Khosrowshahi will be Uber’s new CEO instead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Uber investors are trying to fight a lawsuit by shareholder Benchmark Capital against former CEO Travis Kalanick. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
