Akash Sriram
US Tech Correspondent at Reuters
@Reuters US tech reporter | EVs & Space companies | Signal at +91 74116 87774, email at [email protected] | Tweets on LUFC, LFC for fun | Data & coffee geek
Articles
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1 week ago |
today.westlaw.com | Niket Nishant |Rosalba O'Brien |Milana Vinn |Akash Sriram
(Reuters) -Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market.
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1 week ago |
gurutrade.com | Akash Sriram |Krishna Eluri
Lyft's acquisition nearly doubles its potential market size FreeNow operates in over 150 cities across nine European countries FreeNow achieved break-even status with 13% revenue increase in 2024 April 16 (Reuters) - Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday.
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1 week ago |
yahoo.com | Akash Sriram
Akash SriramWed, April 16, 2025 at 11:36 AM UTC2 min readBy Akash Sriram(Reuters) - Lyft (LYFT) is buying mobility platform FreeNow from German automotive giants BMW (BMW.DE) and Mercedes-Benz (MBG.DE) for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday. Under pressure from dominant ride-hailing rival Uber Technologies (UBER) in its home North American market, Lyft has been seeking new avenues to grow its business.
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1 week ago |
gazette.com | Abhirup Roy |Akash Sriram
By Abhirup Roy and Akash Sriram(Reuters) - Lucid is on track to launch its midsize electric SUV in 2026, company executives said on Tuesday, as the EV maker looks to tap an increasingly competitive segment dominated by rival Tesla's bestselling Model Y crossover. "There are a lot of crazy things going on in the world that can affect that (timeline). But currently we are on track," said Derek Jenkins, senior vice president at Lucid.
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1 week ago |
in.marketscreener.com | Abhirup Roy |Akash Sriram
(Reuters) - Lucid is on track to launch its midsize electric SUV in 2026, company executives said on Tuesday, as the EV maker looks to tap an increasingly competitive segment dominated by rival Tesla's bestselling Model Y crossover. "There are a lot of crazy things going on in the world that can affect that (timeline). But currently we are on track," said Derek Jenkins, senior vice president at Lucid.
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