Connect with us

Startups

Uber gets a $10 billion ride with Softbank

Uber is on the verge of its biggest ever funding round after approving SoftBank’s bid to buy a sizeable stake

Avatar

Published

on

Uber is on the verge of its biggest ever funding round after approving SoftBank’s bid to buy a sizeable stake.

The deal looks set to allow Softbank and an array of other investors to buy a US$10 billion stake in the ride-hailing firm, reports Bloomberg this morning.

Here’s how Uber, Softbank, and its rivals stack up after this game-changing investment:

Uber funding history

Uber funding history

Uber funding history

Uber funding history

This post Uber and the ride-hail funding war appeared first on Tech in Asia.

Source link

Comments

Banking

Can Fintech drive a strong post-COVID-19 recovery in Asia?

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.

Asian Development Bank

Published

on

To say 2020 has been a challenging year is a massive understatement. The COVID-19 pandemic has quickly undermined development gains from recent decades and slowed growth in many Asian economies.

(more…)
Continue Reading

Corporate

Thai SMEs and startup companies to raise funds via capital markets

The Stock Exchange of Thailand (SET) will be urging SMEs and startup companies to raise funds via capital markets, and improve regulations to provide better ease of doing businesses.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – The Stock Exchange of Thailand (SET) is pursuing its initiative to encourage SMEs and startup businesses to raise funds via the capital market, expecting general investment this year to be challenged by external factors, urging investors to properly manage the risks.

(more…)
Continue Reading

China

China’s new tech board is a rising STAR

On 9 August 2019, the 27 STAR-listed companies achieved a total market cap of 660 billion RMB (approximately US$93 billion) and together raised over 37 billion RMB (US$5.2 billion) in net funding from the initial public offering (IPO) after fees and expenses.

East Asia Forum

Published

on

China’s new tech board is a rising STAR 6 September 2019 On 13 June 2019, as part of its capital market reform, China officially launched the Science and Technology Innovation Board (STAR).

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,625 other subscribers

Trending