Uber Investment News

Companies

Lance Armstrong’s $100,000 investment in Uber gave him $20 million

Lance Armstrong in 2009 invested $100,000 in Lowercase Capital, which brought into Uber Technologies. Uber is set to go public next year at a valuation of $120 billion

1 min read8 Dec 2018
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Why Toyota’s investment in Uber matters

In monetary terms, Toyota's investment of $500 million in Uber might not be big, but it's an important step for both the Japanese carmaker and cab-hailing startup

2 min read29 Aug 2018
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Toyota to invest $500 million in Uber for self-driving cars

The combined technology will be built into Toyota's Sienna minivans, to be deployed on Uber's ride-hailing network starting in 2021

3 min read28 Aug 2018
Companies

Uber quarterly loss jumps as it invests in ‘big bets’

The San Francisco-based smartphone ride star reported it lost $891 million on net revenue of $2.8 billion, while overall bookings rose to $12 billion

1 min read16 Aug 2018
Companies

SoftBank could ditch Uber investment for Lyft: CEO Masayoshi Son

It's possible that SoftBank would invest in both Uber and Lyft, although CEO Masayoshi Son didn't mention that Monday

1 min read7 Nov 2017
Companies

Uber-SoftBank deal is said to ensure limit on Travis Kalanick power

SoftBank overcomes a major obstacle to its planned investment in Uber after it agrees to block any attempts to elevate Travis Kalanick back to the company's top ranks

3 min read28 Sep 2017

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