Tag: Uber

San Francisco-based giant Uber Technologies Inc
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Uber eyes Delivery Hero takeover as Prosus gains time to defend stake

As Prosus wins more time for its Delivery Hero stake sale, Uber is pursuing a full takeover of the German food delivery firm to expand its global market.

Omokolade Ajayi Omokolade Ajayi
Wanatu ride
TechnologyBusiness

Wanatu ride-hailing app rolls out major upgrade across Africa

Wanatu upgrades its ride-hailing app in South Africa with new features, improved UX, and expanded mobility services.

Oluwatosin Alao Oluwatosin Alao
Prosus wins more time for Delivery Hero sale
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Koos Bekker-led Prosus wins more time for Delivery Hero sale following rejected $11.6B Uber bid

Prosus wins a crucial EU deadline extension to October 11, giving it time to block Uber from acquiring Delivery Hero after a rejected $11.6 billion bid.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBillionairesBusiness

EU antitrust pressure cuts South African billionaire Koos Bekker’s fortune by $100 million

Koos Bekker loses $100 million in net worth as Prosus battles EU antitrust demands over its Delivery Hero holding and portfolio reshaping.

Omokolade Ajayi Omokolade Ajayi
Prosus N.V
BusinessHot News

South African billionaire Koos Bekker’s Prosus challenges EU on Delivery Hero stake sale

Prosus urges EU to drop forced sale of Delivery Hero stake as Uber eyes $11.6 billion takeover, intensifying Europe food delivery rivalry.

Timilehin Adejumobi Timilehin Adejumobi
San Francisco-based giant Uber Technologies Inc
TechnologyBusinessHot News

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

Omokolade Ajayi Omokolade Ajayi
Uber, Lucid, PIF invest $750 million to scale robotaxis and EV tech
TechnologyBusiness

PIF, Uber invest $750 million in Lucid as robotaxi push gains traction

Saudi Arabia’s push to invest beyond oil is intersecting with Silicon Valley’s race to develop self-driving transport, as Uber Technologies Inc., Lucid Group Inc. and an affiliate of the Public Investment Fund deepen a partnership backed by a combined $750 million commitment.  The agreement reflects a broader shift in the electric vehicle and autonomous driving space, where funding is increasingly…

Oluwatosin Alao Oluwatosin Alao
Hot NewsTechnology

Senegalese-American executive Aicha Evans’ Zoox taps Uber to offer robotaxi rides in Las Vegas and LA

Aicha Evans’ Zoox partners with Uber to launch driverless robotaxis in Las Vegas this summer and Los Angeles in 2027.

Omokolade Ajayi Omokolade Ajayi