Business

Asian ride-hailing giant Grab plans US market splash

The Asian ride-hailing firm Grab said Tuesday that it plans a US listing in partnership with Altimeter Growth Corporation in an operation that values Grab at $39.6 billion (33.3 billion euros).

Business

Online review platform Trustpilot chooses London for IPO

Online review platform Trustpilot said Monday it plans to sell shares in London, in a stock offering that helps shore up the city's status as a financial hub and destination for tech companies after Brexit.

Automotive

Daimler to spin off trucks, change name to Mercedes-Benz

German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment ...

Business

Chipmaker Intel Corp. blames internal error on data leak

The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. It said its corporate network was not compromised.

Energy & Green Tech

EVgo latest in hot US electric auto sector to publicly list

California-based EVgo is set to join the parade of companies jumping on public equity markets following a transaction announced Friday to raise $575 million to accelerate the build-out of electric charging stations in the ...

Business

Embattled Intel says earnings better than expected

Intel said Thursday that earnings topped prior expectations, as the computer chip giant faces pressure to come up with bold ways to fend off fierce competition and an activist shareholder.

Business

Deliveroo targets $7 billion valuation for IPO

British meals delivery company Deliveroo, boosted by demand during the coronavirus pandemic, said Sunday it was targeting a stock market listing after a fundraising round valued the company at more than $7.0 billion.

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