Online payments company PayPal Holdings Inc plans to invest $500 million in Uber...
FILE PHOTO: A pedestrian walks past the PayPal logo at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch
PayPal will invest in Uber through a concurrent private placement at the IPO price, IFR reported on Thursday, citing sources. Superapps are applications where customers go for a range of services, such as transportation, shopping and payments. Such companies can be much more lucrative than those that offer just one core business or service.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford Invests $500 Million In Rivian Automotive, Will Build An Electric Vehicle On Startup's PlatformHot new EV startup was in talks with General Motors. When they broke down, Rivian quickly came to terms with Ford Motor.
Read more »
Tesla rival Rivian says Ford Motor invests $500 million in firmU.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that ...
Read more »
Tencent-backed live-streaming firm DouYu files for $500 million U.S. IPOChina's largest live-streaming platform DouYu International Holdings Limite...
Read more »
Pride and pique as Louboutin takes Pakistani sandal globalThe 'Imran' – a flamboyant sandal complete with metal studs along with splashes of orange and silver – is inspired by Pakistan's traditional Peshawari chappal, according to Louboutin.
Read more »
Perspective | Along New York’s High Line, a $500 million effort to bring the arts to everyonePerspective: Along New York’s High Line, a $500 million effort to bring the arts to everyone
Read more »
GM wanted too much from EV start-up Rivian, opening door for Ford's $500 million investmentFord's investment in electric truck maker Rivian was possible after the start-up's talks with GM broke down about eight weeks ago.
Read more »
Ford invests $500 million in electric truck maker RivianFord says it has invested $500 million in electric truck maker Rivian to build a new battery-powered electric vehicle for the Detroit manufacturer.
Read more »
Ford Motor to put $500 million into electric vehicle startup RivianFord Motor Co said on Wednesday it will invest $500 million in U.S. electric veh...
Read more »
Some tickets to ‘Avengers: Endgame’ are selling for $500 onlineThere’s a lucrative secondary market for tickets to Disney’s epic franchise.
Read more »
Uber Lowers Its Valuation TargetPayPal will make a roughly $500 million investment in Uber, which could help shore up demand for the ride-hailing giant's shares ahead of its IPO
Read more »