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Kovi, Uber and Moove
Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M
Moove, which offers vehicle financing to gig drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider, in an all-share transaction.
Uber-Backed Startup Moove Buys Brazil’s Kovi in Share Deal
Uber Technologies Inc.-backed Moove acquired Brazil’s Kovi as part of plans to further grow its income and footprint outside of Africa.The equity deal for an undisclosed amount would place the $750 million startup among the world’s top three fleet operators and financiers of ridesharing vehicles by revenue,
Uber-backed Nigerian Startup Moove has acquired Brazil's Kovi
Uber-backed Nigerian mobility fintech startup Moove has acquired Kovi, a YC-backed Brazilian car rental startup. The acquisition will support the startup’s continued global expansion, with operations
Moove acquires Kovi as the Uber-backed company eyes rapid expansion
Moove announced on Wednesday the acquisition of urban mobility provider Kovi. The Uber-backed company said the strategic acquisition aligns with Moove's commitment to advancing mobility and expanding its footprint in the rapidly growing Latin American market.
Lyft, Uber and FTC
Biden’s FTC launched last-minute Uber, Lyft probe over alleged collusion in stiffing NYC drivers
The Federal Trade Commission reportedly launched a last-minute probe into whether Uber and Lyft illegally colluded to keep New York City driver pay lower — an inquiry launched on the same day that Lina Khan announced she was stepping down as chair of the agency.
FTC probing Uber, Lyft over NYC driver pay, Bloomberg reports
The Federal Trade Commission is probing whether Uber (UBER) and Lyft (LYFT) illegally coordinated to limit driver pay in New York City, Leah
Uber, Lyft face antitrust probe over New York City driver pay agreement
The companies entered into an agreement with the city in July to reduce lockouts that had resulted in lowered driver pay.
Transport Topics
13h
Uber Alleges Fraud Scheme by NY Groups Faking Crash Injuries
Uber filed a racketeering suit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents to take advantage of New York’s no-fault insurance policies.
2d
on MSN
Uber Working on Price-Lock Pass to Rival Popular Lyft Feature
Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of ...
12h
Tesla announces robotaxi ride-hailing service just weeks before Waymo launches with Uber
Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because ...
5h
Uber Technologies (UBER): New Buy Recommendation for This Technology Giant
RBC Capital analyst Brad Erickson maintained a Buy rating on Uber Technologies (UBER – Research Report) on January 29 and set a price target of ...
2h
She Ordered an Uber and Found Her Future Husband
Both Kristen Grennan and Guga Robakidze felt an immediate attraction to each other when he drove her home after a night out ...
22h
on MSN
Costco members can snag two $50 Uber gift cards for just $75 total
As of Jan. 30, you can get two $50 Uber gift cards for $74.99. That's $5 off their normal Costco member price of $79.99 (and ...
9h
Lyft's Valuation Discount To Uber Is Excessive
Lyft's Q4 earnings report is crucial. With an expected EPS of $0.22 and revenue of $1.54B, pointing toward an end to its cash ...
1h
Uber driver vanishes in central Georgia, found shot to death over 100 miles away in Atlanta
Sammy Jackson, a former coach and Uber driver, disappeared in Warner Robins. Days later, police found his body in Atlanta, ...
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