Tag Archives: Ventures

We’re less than a month away from TechCrunch Disrupt on October 18–20 in San Francisco! Imagine a drumroll, folks, because we’re about to announce the last tranche of investors and thought leaders who will choose which outstanding startup takes the title of Startup Battlefield champion, along with the $100,000 prize and serious bragging rights Improve your pitch: Startup Battlefield isn’t just thrilling to watch; it’s a masterclass in how investors think. The judges’… Source link

Uber is set to sell its ownership stake in a handful of joint ventures with Russian Internet giant Yandex. According to a release from Yandex, Uber’s board approved the sale of shares in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. Uber is set to sell 33.5-percent stake in the grocery delivery service, the hyper-local convenience delivery program the company’s last-mile logistics solution respectively. Uber will also sell its 18.2 percent stake in the Yandex Self-Driving Group… Source link

  Uber (UBER) is selling its equity stake in the two joint ventures it created with Yandex to Yandex for possibly around $2.8 billion in cash, which is above the $1 billion carrying value that Uber reported at the end of the second quarter. While this transaction will improve the firm’s liquidity position, it will not impact our $69 fair value estimate of this narrow-moat and 4-star stock. Uber will receive $1 billion by the end of this year for all its holding in an autonomous joint… Source link

Russian IT giant Yandex said on Tuesday that it had reached a $1 billion deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex… Source link

Russian IT giant Yandex said on Tuesday it had reached a $1 billion (€0.85bn) deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex will also increase to 71 per cent its stake in transport ventures with Uber – including taxi and car-sharing… Source link

(Bloomberg) — Vinco Ventures Inc. and Support.com Inc. surged, and are on track to extend rallies fueled by retail investors in chatrooms like StockTwits and on Reddit. The pair of stocks jumped more than 50% each when the market opened in New York, extending gains from last week, when Vinco Ventures more than doubled and Support.com almost tripled. The rallies came as individual investors attempted to pump their bets on Twitter, Reddit’s WallStreetBets and chatrooms on… Source link

Fixing workplace misconduct reporting is a mission that’s snagged London-based Vault Platform backing from Google’s AI focused fund, Gradient Ventures, which is the lead investor in an $8.2 million Series A that’s being announced today. Other investors joining the round are Illuminate Financial, along with existing investors including Kindred Capital and Angular Ventures. Its $4.2M seed round was closed back in 2019. Vault sells a suite of SaaS tools to enterprise-sized or… Source link

Despite an injury in the middle of the season for Los Angeles Lakers forward Anthony Davis, the NBA star is continuing to build his brand, both on and off the court. Davis has with major partnerships with companies like Michelob Ultra (BUD), Ruffles (PEP), and is getting advice from some of the best in the arena. The latter presented him with the unique opportunity to be able to “own your own ridges…to have your own chip…that was pretty cool,” he told Yahoo Finance in a recent… Source link

On this special episode of Yahoo Finance Presents, Brian Sozzi hosts two tech giants – HP Enterprise CEO Antonio Neri, and JC2 Ventures Founder & CEO John Chambers – to discuss a wide range of topics, including the changes in the tech industry in a post COVID-19 world, the digital ‘Great Reset’, internet as an essential service, and many others. Source link