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Uber’s Middle East Rival Careem Secures $200M to Build a Full Suite of On-Demand Services
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 …
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Uber Losses Emerging in Market as it Faces Signs of a Major Break Down
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 …
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Uber is expanding its horizon in remote places in New York and Long Island
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 …
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Fundraising round, Uber China closes on $1 billion
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 …
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Uber Plans to Continue its Service in Germany despite of Nationwide Ban
German court has ruled out that Uber Technologies must quit operating its ride sharing service Uberpop in Germany or pay a fine – however …
