Giles Turner
Stories by Giles Turner
SoftBank set to divest stake in chipmaker Nvidia next year
While SoftBank still holds an equity stake in Nvidia, it has reportedly constructed a so-called collar trade of about $6 billion, which allows investo
Ride-hailing startup Lyft files confidentially for US IPO
Yandex.Taxi, Russia’s largest ride-hailing service part-owned by Uber, is also looking to list in 2019.
VW-backed ride-hailing app Gett seeks buyers to compete with bigger rivals
The Israeli tech firm may sell its entire business or offload regional operations outside of its home market. It may also weigh a listing, partnership
SoftBank Vision Fund invests $100m in e-commerce startup in Brazil
Headquartered in Sao Paulo, e-commerce startup Loggi flags delivery requests to nearby couriers, from motoboys (or motorcycle messengers) to vans. The
Uber in early discussions to acquire Europe’s Deliveroo
Uber CEO Dara Khosrowshahi has made the company’s food-delivery business a top priority ahead of a planned IPO in the second half of 2019.
Uber said to be in talks to acquire Dubai ride hailing firm Careem
Uber and Careem held preliminary talks in July to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry in the region
Elon Musk, Masayoshi Son talked in 2017 about SoftBank investing in Tesla
Son and Musk met in April 2017 to discuss an investment in Tesla. The talks touched on taking Tesla private, but failed to progress due to disagreemen
SoftBank weighs largest IPO ever for domestic wireless business
SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering.
SoftBank-owned ARM set to buy US-based Treasure Data
The acquisition is part of ARM’s push into the Internet of things. Treasure Data is backed by investors including Sierra Ventures and SBI, a former
Uber rival Gett said to mull sale of ride-share startup Juno
The Israeli tech company may sell Juno, the New York-based startup it bought in April 2017. Juno represents the bulk of Gett’s U.S. operations.
