Giles Turner
Stories by Giles Turner
Uber in talks with Careem to merge in Middle East
In its discussions with Careem, Uber has reportedly said that it would need to own more than half of the combined company, if not buy Careem outright.
SoftBank Vision Fund said to plan investment in Brazilian delivery app Loggi
If SoftBank does invest, it will pit two more of its holdings against each other, with UberEats also operating in Brazilian cities.
SoftBank thinks tech investors should be grateful for its deal spree
"It’s good for investors if valuations go up as they can exit at those prices," said Rajeev Misra, head of the Vision Fund, citing deals with Didi C
Uber to expand in Japan & Singapore, no plan to retreat, says APAC chief
Uber is in talks with payments firms across Asia for partnerships similar to its tie-up with Vietnam's mobile wallet MoMo.
SoftBank in talks to invest in Indian insurance startup PolicyBazaar
The startup’s existing foreign investors, including Tiger Global Management and Temasek Holdings, hold about 48% of the startup.
Google acquires UK’s Arie Capital-backed sound tech startup Redux
Redux raised $5 million in March 2017, and concentrated on markets including computing, mobile, automotive and industrial controls.
SoftBank’s Vision Fund said to consider Ping An investments
The $97 billion Vision Fund is in talks to invest in Lufax, China’s largest online-financing company, OneConnect, which offers AI-powered services,
Russia’s Yandex aims for U.S. IPO of its Uber taxi JV in 2019
Uber and Yandex agreed in July to merge their ride-hailing businesses in Russia.
Richard Branson joins Hyperloop board as it targets $200m funding
The company will be re-branded Virgin Hyperloop One.
SoftBank agrees to block Kalanick’s return to power at Uber if deal goes through
VC firm Benchmark has sought a guarantee in writing from SoftBank.
