US ridesharing giant Lyft announced Thursday it has received a $1 billion investment led by the venture arm of Google parent Alphabet, to help ramp up its challenge to market leader Uber.
India's top e-commerce company Flipkart announced Monday it had raised $1.4 billion in a record funding round that shores up the online retail giant in its fight against Amazon.
Conventional wisdom in strategy holds that companies need to choose between cost-cutting or revenue growth. Pursuing both strategies at the same time can result in incoherence—or getting stuck in the middle, some argue.
Zero-emission prototypes of a classic London taxi and red bus were showcased as models of China-Britain collaboration on the second day of President Xi Jinping's state visit on Wednesday.
Southeast Asian taxi-booking app GrabTaxi Holdings Pte Ltd said Wednesday it had raised more than $350 million in the firm's biggest ever fundraising to boost its business in the rapidly growing market.
Firms considering investing in suppliers that also supply their competitors need to think strategically about how their competitors or other firms may respond to their action, according to a new study from The University ...
(Phys.org) —Do companies distort their investments to influence their credit rating? A University of Michigan researcher says yes.
An investment firm offered Friday to take a controlling stake in the troubled US bookseller Barnes & Noble, sending the share price soaring.
Fairfax Financial Holdings is buying another $250 million of convertible debt in troubled Blackberry in what Fairfax's president says is a sign of confidence in the company's new management.
Wall Street is aflutter over Twitter, set to make the most anticipated stock market debut since Facebook in a huge test for social media and the technology sector.