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Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc but there was no final agreement at this stage. “If conditions on share price and a minimum of shares are not satisfactory for the SoftBank Group side, there is a possibility the SoftBank Group may not make an investment,” it said in a statement. Uber said this week that a planned deal with SoftBank and Dragoneer Investment Group was moving forward. The investment could be worth up to $10 billion, two people familiar with the matter have said.. SoftBank and Dragoneer are […]
Seven short years ago, a company that went by the name UberCab made its debut in San Francisco. It allowed you to hail a car by means of your smartphone. The story of Uber started when Travis Kalanick and Garrett Camp were attending a LeWeb conference in Paris. While trying to hail a cab – […]
Uber’s chief of policy for India and South Asia has quit, two sources familiar with the matter said on Monday, in the latest high-level departure at the online taxi company. Shweta Rajpal Kohli, a former Indian journalist who joined Uber last year, would join cloud-based software maker Salesforce.com Inc next month, the sources told Reuters. Uber said it did not have an immediate comment. Kohli did not respond to an email seeking comment. Kohli was mostly tasked with building Uber’s relations with regulators and government officials in India, a market where the firm has faced several regulatory […]