Funding History
$10.06B
Round Size Investors Date
US$1150m Not Disclosed 8 Jul 2016
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Latest Editorial127

Uber Acquires Canadian Otto

Taxi hailing company Uber has acquired Canada-based Otto, a self-driving startup. The financial terms of the deal were not disclosed. The two companies plan to build infrastructure for self-driving freight systems by building logistics, artificial...

Read More30 Aug 16
Uber Technologies Bags USD1.15bn In Funding

Uber Technologies has bagged USD1.15bn in funding from unnamed investors. Uber Technologies will use the finance for its global expansion and operations and invest in research and development and engineering. 

Read More08 Jul 16
Line Looks To An IPO & Theranos Heads To Hollywood

Line’s looking at an IPO in what could prove a major test for the public market’s appetite for messaging companies and the impact of hedge funds on tech valuations are among the stories to keep you in the loop in tech today. 1. Line IPO Japanese...

Read More10 Jun 16
A New World Wide Web & Fresh Comes To The UK

Restructuring the web, Amazon Fresh comes to the UK and an app store shake-up - these are the stories defining tech today. 1. Sir Tim Questions World Wide Web Sir Tim Berners Lee, father of the World Wide Web, has voiced concerns about the way...

Read More09 Jun 16
Blue Apron Considers IPO & Spotify Hires Music Industry Veteran

Twitter’s inability to hang on to a head of product for more than a year and Blue Apron’s potential IPO are among the top stories to keep you up to date in tech today. 1. Twitter Loses Head Of Product Twitter is still struggling to keep its execs,...

Read More07 Jun 16
On-Demand Economy Not Slowing Down In Europe

The on-demand economy is one of the most-transformative approaches to existing businesses models being brought about by mobile. However, it’s not an easy space for companies to succeed in. Many look at Uber, which just took on another USD3.5bn in a...

Read More06 Jun 16
Samsung Pay Expands To Europe & Wal-Mart Partners With Uber And Lyft

Samsung Pay is to launch in Europe and Tinder is set to become more trans-inclusive - these are just two of the top stories to know in tech today. 1. Samsung Pay Come To Europe Samsung Pay is launching in Spain, its first European country. The UK is...

Read More03 Jun 16
Uber Nabs USD3.5bn For Ridesharing App

Uber has nabbed USD3.5bn in funding round from Public Investment Fund (PIF). The ridesharing app has raised a total of USD11bn till date. Uber plans to use the money to finance expansion internationally to China and the Middle East.

Read More03 Jun 16
Uber Raises USD3.5bn & Musk On Mars

Uber taking on USD3.5bn from the Saudi government and Elon Musk on cyborgs, simulations and Martian governance. These are the stories shaping tech today.  1. Uber Closes Largest Round To Date Ride-sharing giant Uber has taken its largest tranche of...

Read More02 Jun 16
Time Is Running Out For Smaller Companies In Deliveries

Logistics is not an easy business. That’s shown by the many struggling deliveries startups – from Postmates in San Francisco to TinyOwl in Mumbai. Deliveries is proving a tough area for companies to generate sustainable revenues. Sky-high valuations...

Read More02 Jun 16
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Uber Is Ditching Diesel in London
Read More08 Sep 17 New on MIT Technology Review
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