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  1. QLDUberDriver

    Uber’s getting out of yet another major market.

    Uber Agrees on Southeast Asian Sale to Grab Uber Technologies Inc. has reached an agreement to sell its Southeast Asian ride-hailing business to rival Grab and could announce the deal as early as Monday morning in Singapore, people familiar with the matter said. The agreement -- - which...
  2. MHR

    Strange Things at Uber Keep Getting Stranger

    Strange Things at Uber Keep Getting Stranger The ride-hailing company just creates its own financial reality. By Matt Levine March 11, 2018, 9:00 AM EDT An existential battle. Photographer: Brent Lewin/Bloomberg via Getty Images This post originally appeared in Money Stuff. I like to say...
  3. BurgerTiime

    Uber’s largest shareholder wants it to exit Africa and Asia

    https://qz.com/1183770/softbank-wants-uber-to-quit-africa-india-asia-after-investment/ Uber could soon be pulling out of some international markets, including 15 African cities, if its new majority shareholder has its way. A new $8 billion investment by a consortium led by SoftBank, the...