Reuters, referring to informed sources, reported that negotiations were held by a group of investors led by Japanese companies SoftBank and Toyota Motor on investments of about $1 billion in the unmanned driving unit of Uber Technologies, finversia.ru wrote. As previously reported, the taxi order service Uber Technologies was planning an IPO, for which they had filed a preliminary application in December 2018. If the company manages to attract additional investments following negotiations with Japanese companies, this will only increase its attractiveness for investors. According to The Wall Street Journal, following the results of the planned IPO, the taxi order service can be estimated at 120 billion dollars.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
Oil prices steadied on Tuesday, stuck in narrow ranges as investors pinned hopes on fuel demand recovery amid renewed lockdowns due to rising coronavirus cases. Prices were supported by positive news on vaccine development as medical institutions ...