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Total 16 results found. Search for [ Uber Grab deal ]

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BusinessToday.In
New Delhi, March 8, 2019
Hyundai's investment in cab hailing app Ola could be the motor company's second in the Indian startup ecosystem. It had earlier invested in Revv.


BusinessToday.In
New Delhi, December 3, 2018
Grab - hailed as Southeast Asia's most valuable startup - is in advanced discussions to invest Rs 697.7 crore in OYO.


BusinessToday.In
New Delhi, October 11, 2018
The 37-year old co-founder of Flipkart exited the company after giving up his entire shareholding of 5.5% to Walmart.


BusinessToday.In
New Delhi, July 13, 2018
On July 9, the NCLT had dismissed all petitions filed by Mistry and his family-run firms after a four-month long hearing. The 368-page court order, interestingly, included an instance where Tata Motors missed out on a major order nearly three years back.


Vidya S
April 19, 2018
Uber's new COO Barney Hardford said the Indian market has such a huge potential that the company won't settle for minority stakes in deals here. The world's most valued startup's comments come in the wake of talks of a merger of its India unit with homegrown rival Ola.


PTI
April 18, 2018
US-based cab aggregator Uber today said it is open to forming alliances in the Indian market but will not agree to a deal where it ends up with a minority stake.


BusinessToday.In
New Delhi, March 29, 2018
Before selling its Southeast Asian unit to Grab, Uber had sold its Chinese unit to rival Didi and its Russian unit to Yandex.


Reuters
March 29, 2018
With Uber considering a public offering in 2019, it would make sense for the company to pitch India's growth potential to investors, said one industry source, adding it also needs to balance that by showing profitability.


PTI
March 26, 2018



BusinessToday.in
New Delhi, March 26, 2018
Uber exits SE Asia in latest retreat from global marketsSingapore-based company Grab is taking over the ride-sharing and food delivery operations of Uber in South East Asia with the California-based company to receive a 27.5 per cent stake in the business in return as reported by PTI. The sale is Uber's latest withdrawal from a market where it had faced fierce competition, as new chief executive Dara Khosrowshahi seeks to stem huge losses and move past a series of scandals. The de...


BusinessToday.In
March 26, 2018
Southeast Asia's largest acquisition deal was signed this weekend. Earlier this morning, Singapore-based Grab announced that that it has acquired Uber's Southeast Asia operations. This ends the nearly-five year old journey of the US-based company in the region, which began in Singapore.


Reuters
March 26, 2018
The deal, which could be announced as early as Monday, marks the industry's first big consolidation in Southeast Asia and puts pressure on rivals such as Indonesia's Go-Jek, backed by Alphabet Inc's Google and China's Tencent Holdings Ltd.


BusinessToday.in
New Delhi, March 6, 2018
The deal will see secondary sale of shares by a large number of Ola investors, making it the first major liquidity event in the history of the company.


PTI
January 17, 2018



BT Online
New Delhi, November 24, 2017
With this venture, Uber has joined local rival Ola, backed by Japan's SoftBank Group, which earlier this year launched a pilot for electric cars in the western city of Nagpur and is planning a large-scale roll-out by next year.


By Sanjeev Sinha
July 11, 2007
To get a hot deal for a luxe set of wheels, the best place to shop might be the used car lot where yearold vehicles sell 25-30% cheaper than the original.


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