M&A Deal Summary |
|
|---|---|
| Date | 2018-03-26 |
| Target | Uber Technologies - Southeast Asia Operations |
| Sector | Internet Software and Services |
| Buyer(s) | GrabTaxi Holdings Pte |
| Sellers(s) | Uber |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Internet Software and Services |
GrabTaxi Holdings Pte Ltd. is a mobile and web-based application that enables users to find, book and compare taxi services.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Internet Software and Services M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: India M&A | 2 of 2 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-17 |
iKaaz Software Pvt.
Bengaluru, India iKaaz Software Pvt. Ltd. is a mobile payments platform, that offers cashless payment and transaction solutions. iKaaz Software Pvt. Ltd. was founded in 2012 and is based in Bengaluru, India. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Internet Software and Services |
| Employees | 31,100 |
| Revenue | 44.0B USD (2024) |
Uber develops, markets, and operates a mobile-app-based transportation network. Uber connects passengers with a variety of drivers for both personal and food delivery. Uber was formed in 2009 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector: Internet Software and Services M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 3 of 6 |
| Country: India M&A | 1 of 2 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-30 |
Xchange Leasing
Phoenix, Arizona, United States Xchange Leasing LLC helping U.S. drivers with spotty credit histories lease a car to drive for the ride-hailing company. The idea was that the more people were driving for Uber, the better Uber’s chances of reducing passenger wait times and increasing market share. The company charged drivers nearly $500 a month on a 36-month lease term and deducted payments from drivers’ earnings. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-09 |
JUMP Bikes
New York, New York, United States Social Bicycles, Inc. (dba JUMP Bikes) enables members to find bikes at hub locations and reserve from the web, mobile applications, or directly from the bike itself. It serves residential properties, municipalities, universities, and corporate campuses in the US and internationally. The Company was formed in 2011 and is headquartered in New York City. |
Buy | $100M |