TaaS – What Is It? If you work in the corporate world, you may be familiar with SaaS, or Software as a Service. Over the years, critical office software has migrated from the desktop to the cloud, and this design means the software will be available on an on-demand basis. With this change, companies have […]
Uber’s troubles in Asia are well-known. The company blew over $1 billion in China trying to compete with Didi. Eventually, they sold out to Didi. In almost every other Asian market, Uber lags behind a local or regional competitor. In India, Ola is beating Uber. Grab, a Singaporean company, has been eating Uber’s lunch across […]
Lyft ended 2016 stalled. Although the company narrowed its losses in 2016, it’s market share was stagnant at under 20%. What a difference a year can make! In 2017, Lyft successfully expanded to over a hundred new markets, more than doubled its ridership, and secured a huge investment and strategic partnership with Google. On the […]
By: Dave Uber was last valued at $70 Billion dollars. However, Softbank is looking to invest $10 Billion dollars in Uber, by purchasing between 17% and 22% of the company from existing investors. That would mean Uber is worth only about $50 Billion, quite a haircut from its prior valuation. Benchmark, which owns 13% of […]
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