IPO
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Finance
Navistar moves higher on Volkswagen’s planned truck IPO
Navistar was up 3 percent on Monday, May 13, 2019 and is up more than 8 percent in Tuesday’s trading.
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Technology
The rise of clean meat startups might reduce freight ton-miles
If lab-grown meat substitutes for farm-grown meat and is commercially successful, it will lead to a drastic reduction in freight…
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News
Uber to sell minority stake of its autonomous vehicle unit to Japanese consortium
Uber is planning to sell 14 percent stake on its autonomous driving division for $1 billion to investment firm Softbank,…
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News
Uber expected to register IPO on April 11, anticipates $100B in valuation
The pending IPO comes as many experts are questioning the profitability of the ride-share model.
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News
Lyft rockets onto public markets with $2.3 billion raise
Exceeding expectations, the ride-hailing start-up Lyft raised $2.3 billion on March 28, after pricing its shares at $72, the top…
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News
Uber buys Middle East rival Careem for $3.1 billion
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming…
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News
Today’s Pickup: Companies are splurging on self-driving technology with no commercial deployment at sight
Uber spends over $1 billion every year on Waymo; Lyft is nearing its IPO; Fiat recalling 863,000 cars due to…
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News
Uber’s robust growth makes up for losses, as company gears up for IPO this year
Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its…
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News
Postmates files for IPO
Postmates Inc., an on-demand food delivery service, confidentially filed with the Securities and Exchange Commission (SEC) for an initial public…
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News
Today’s Pickup: Cyberattacks increase as technology adoption increases across supply chains
Cyberattacks increase with technology inclusion in supply chains; Tesla doubles loss this Q2; China is pumping billions into OBOR strategy;…
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