Uber’s Middle East Rival Careem Secures $200M to Build a Full Suite of On-Demand Services

Uber’s Middle East Rival Careem Secures $200M to Build a Full Suite of On-Demand Services

By Anna Domanska - Oct 18, 2018

Dubai-based ride-hailing app Careem has secured $200 million in fresh funding from existing backers including Kingdom Holding, the investment vehicle for Saudi billionaire Prince A

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Uber Losses Emerging in Market as it Faces Signs of a Major Break Down

Uber Losses Emerging in Market as it Faces Signs of a Major Break Down

By Anna Domanska - Nov 29, 2017

Uber Technologies Inc’s quarterly losses widened to a whopping $1.46 billion in the third quarter, according to people familiar with the matter. It seems the troubles are just un

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Uber is expanding its horizon in remote places in New York and Long Island

Uber is expanding its horizon in remote places in New York and Long Island

By Carrie Ann - Oct 20, 2015

Uber Technologies is expanding itself into remote New York cities and Long Island, which includes Rochester and Buffalo. The ride-sharing company will start its initiation from Tue

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Fundraising round, Uber China closes on $1 billion

Fundraising round, Uber China closes on $1 billion

By Carrie Ann - Aug 28, 2015

Fundraising round early, Uber Technologies Inc’s China division closed at $1 billion, despite strong domestic competition for the U.S. based ride service in the car hailing marke

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Uber Plans to Continue its Service in Germany despite of Nationwide Ban

Uber Plans to Continue its Service in Germany despite of Nationwide Ban

By Anna Domanska - Sep 02, 2014

German court has ruled out that Uber Technologies must quit operating its ride sharing service Uberpop in Germany or pay a fine – however the ban on its service could be mome

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