Lyft shares raced out of the starting gate but then throttled back slightly in a strong stock market debut Friday, raising $2.3 billion in an IPO that marks a turning point for the ride-hailing business and the so-called ...
Business
Mar 28, 2019
0
7
Uber is set to buy its Middle Eastern rival Careem for $3.1 billion, financial news agency Bloomberg reported Sunday.
Business
Mar 25, 2019
0
8
Chinese electric vehicle start-up NIO has abandoned plans to build a manufacturing plant in Shanghai after net losses doubled to $1.4 billion last year.
Business
Mar 6, 2019
0
8
Pinterest, the online "visual discovery" service which claims some 250 million users, has filed confidentially for a stock market listing, The Wall Street Journal reported Thursday.
Business
Feb 22, 2019
0
4
Lyft is preparing to list its shares on the Nasdaq exchange as early as next month, jumping ahead of ride-hailing rival Uber, the Wall Street Journal reported Wednesday.
Business
Feb 21, 2019
0
4
Airbnb on Thursday said that it hired airline industry veteran Fred Reid away from an autonomous flight vehicle startup backed by Google co-founder Larry Page.
Business
Feb 7, 2019
0
2
SoftBank is scaling back plans for fresh investment in shared-office provider WeWork, reports said Tuesday, slashing a multi-billion-dollar injection in the loss-making company.
Business
Jan 8, 2019
0
6
Shares in the mobile unit of Japanese technology giant SoftBank rebounded after steep early declines on a rollercoaster second trading day Thursday, after a bruising debut saw stocks close 14.5 percent lower.
Business
Dec 20, 2018
0
7
Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1.07 billion from the pricing of its US public share offering.
Business
Dec 12, 2018
0
7
American office space-sharing company WeWork has obtained $3 billion in funding from Japanese technology conglomerate SoftBank Group Corp.
Business
Nov 15, 2018
0
5
