Uber has its highest close since IPO

Uber has its highest close since IPO

Uber shares surged 7.38% to close at $48.18 following news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. The announcement by drugmakers Pfizer and BioNTech sparked widespread optimism and...
Indian logistics startup Xpressbees raises $110 million

Indian logistics startup Xpressbees raises $110 million

Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, said on Monday it has raised $110 million in a new financing round as online shopping booms in the world’s second largest internet market. The Pune-headquartered startup’s...
Adobe acquires marketing workflow startup Workfront for $1.5B

Adobe acquires marketing workflow startup Workfront for $1.5B

Adobe just announced that it is acquiring marketing workflow management startup Workfront for $1.5 billion. Bloomberg first reported the sale would be happening earlier today. Workfront was founded back in 2001, making it a bit long in tooth for a private company that...