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Tag "Ola"

    In India, Ola escalates Uber war with $2b funding

In India, Ola escalates Uber war with $2b funding

Photo credit: Michael Coghlan. Ola, India’s homegrown challenger to Uber, has pocketed US$1.1 billion in funding, it announced this afternoon. There’s more in the works, taking the total fresh input

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    Brief: SoftBank, Tencent invest $2 billion in India’s Uber rival Ola

Brief: SoftBank, Tencent invest $2 billion in India’s Uber rival Ola

Photo credit: Tech in Asia. The news (extracted from Bloomberg): India’s ride-hailing company Ola has raised US$2 billion in fresh funding from SoftBank, Tencent, UC-RNT Fund, a venture capital fund

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    Didi, WeWork, and possibly Uber? SoftBank’s top 10 deals this year

Didi, WeWork, and possibly Uber? SoftBank’s top 10 deals this year

Up until about June last year, it had been Masayoshi Son’s plan to retire as SoftBank’s CEO when he turned 60 – which would have been last month. But in

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‘I will not bullshit you … Uber will go public within three years,’ new CEO tells staff

  ‘I will not bullshit you … Uber will go public within three years,’ new CEO tells staff

New CEO Dara Khosrowshahi addresses Uber staff. Photo credit: Uber. Uber will go for an IPO in 18 to 36

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Brief: SoftBank now wants a stake in Uber – and control of Asia’s ride-hailing market

  Brief: SoftBank now wants a stake in Uber – and control of Asia’s ride-hailing market

SoftBank CEO Masayoshi Son. Photo credit: @SoftBank. The news: SoftBank has approached Uber to discuss the possible purchase of a

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Ola driver holds rider hostage for 13 days, arrested after shootout

  Ola driver holds rider hostage for 13 days, arrested after shootout

Photo credit: Pixabay. A doctor in Delhi was rescued last night after being held for ransom by an Ola driver

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Brief: Uber pulls out of Russia market after deal with local rival

  Brief: Uber pulls out of Russia market after deal with local rival

Photo credit: Mark Warner. The news: In a case of history repeating itself a little too soon, Uber is pulling

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Rape victim sues Uber again, this time for accessing her private medical records

  Rape victim sues Uber again, this time for accessing her private medical records

Photo credit: Pexels. An Indian woman living in the US, whose Uber driver was convicted for raping her during a

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SoftBank takes a $1.4b hit from loss in value of its investments in Snapdeal, Ola

  SoftBank takes a $1.4b hit from loss in value of its investments in Snapdeal, Ola

A SoftBank store in Japan. Photo credit: Wikipedia. Japan’s SoftBank has posted a US$1.41 billion loss on its financial investments

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