First to our lead, uber losses widened in the third quarter. The Ride Hailing Service lost almost 1. 5 billion in the period. It all came to light as shareholders reported tuesday night as part of a formal bid from a softbankled consortium looking to buy a large portion of stock. Softbank to get a nice discount. Theres a 30 discount to its last private valuation, coming in at 69 billion. We caught up with someone intimately familiar with ubers inner workings, lane castleman, the managing partner at greenbrier and the former head of uber communication in the americas, and eric newcomer. This is the opening salvo from softbank. And its consortium of investors saying, we will pay 33 a share, which translates into that 48 48 billion dollars valuation, and see if we can get enough people to bite at that to meet the 14 of outstanding shares of we want to acquire. Molly and what is the likelihood of them acquiring that . You know, there is a lot of appetite for liquidity and that is what soft
President. First to our lead, uber losses widened in the third quarter. The Ride Hailing Service lost almost 1. 5 billion in the period. This all caps on light when goober reported its financials to shareholders tuesday night as part of a formal bid from a softbankled consortium looking to buy a large block of stock. Softbank to get a nice discount. Theres a 30 discount to its last private valuation, coming in at 69 billion. We caught up with someone intimately familiar with ubers inner workings, lane castleman, managing partner at greenbrier and the former head of Uber Communications in the americas, and Eric Newcomer also joined us on the set. Eric this is the opening salvo from softbank and its consortium of investors saying, we will pay 33 a share, which translates into that 40 billion valuation and see if we can get , enough people to bite at that to meet the 14 of outstanding shares we want to acquire. Emily and what is the likelihood of that . Eric you know, there is a lot of ap
One, but it is a wakeup call for the Prime Minister. The tally is the worst performance in two decades. He may adopt a more populist agenda. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets take a look at the markets. Australia has closed out tuesdays session in sydney, up by 7 10 of 1 , the nikkei flat cured the hang seng looking good after the lunch break and India Holding onto gains. This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays cme debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas Busiest Airport. How tech can help keep the power running when the lights go out. And stepping up security. With just a week to go for lastminute shoppers, an ebays executives tips on shopping online. First, to our lead. The worlds Biggest Exchange just joined the bitc
Global Grafted Polyolefins Market Report 2024-2029 by globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.