Friday, April 17, 2026

Uber agrees to pay ~€270M for an additional 4.5% stake in German food delivery rival Delivery Hero from Prosus, which would bring its total stake to ~7% (Financial Times)

Financial Times:
Uber agrees to pay ~€270M for an additional 4.5% stake in German food delivery rival Delivery Hero from Prosus, which would bring its total stake to ~7%  —  German delivery group's largest shareholder Prosus has agreed to reduce its stake over EU competition concerns



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...