UBER
Moove raises $100 million Series B round
Moove has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), which led Moove’s previous funding round...
P1 Ventures announces closure of second fund at $25 million
P1 Ventures, the Pan-African Seed VC fund combining local market knowledge, a global track record and AI to unlock the continent’s huge and largely un...
e& acquires majority stake in Careem Super App for $400m
e& today announced to acquire a majority stake in Careem’s Super App spinout. Careem’s ride hailing business will remain fully owned b...
Food delivery industry to reach $323 billion in revenue
The food delivery industry has become a lucrative opportunity for major companies in the past decade. It’s not surprising that major internation...
Uber to acquire Careem for $3.1 billion
Uber announced it is all set to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. Uber will a...
Uber Settles Waymo Lawsuit
Uber is paying $245 million to Google’s self-driving car spin-off to end a legal brawl that aired out allegations of a sinister scheme that tore apart...
Uber Offloads its Leasing Business to Fair.com
Uber has announced today that it is selling its car-leasing subsidiary to Santa Monica-based tech startup Fair.com.
Shervin Pishevar Resigns From Sherpa Capital
Hyperloop One co-founder and early Uber investor Shervin Pishevar has announced his resignation from Sherpa Capital,
Uber to Sell a Large Chunk of Stake to Softbank
Uber has struck a deal that could lead to a huge investment by a consortium led by Japanese conglomerate Softbank and San Francisco group Dragoneer. T...
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