Daniel Danker, an Uber executive who helped to expand the company’s restaurant-food delivery business to groceries last year, is decamping to Instacart, a much bigger grocery delivery firm, according to a person familiar with the move. Danker, who leads product development for Uber Eats, reported to Uber CEO Dara Khosrowshahi. Friday is expected to be Danker’s last day at Uber, this person...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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