,
Uber loses $1 billion in 1st Quarter, plans to cut incentives
Uber Technologies first quarterly report, as a public company, indicates that the ride-hailing giant spent 20 percent of its revenue rebuilding its food delivery …
,
Uber vs Lyft: Whose IPO will set stocks soaring?
Uber and Lyft have hinted for months that they’ll go public in 2019. What came as a surprise was reports of Uber confidentially filing …
,
Uber confidentially files for IPO in a race against Lyft to tap investors
Ride-hailing giant Uber Technologies has filed confidential paperwork for its initial public offerings, WSJ reports, as the ridesharing startup races against rival Lyft to …
,
Uber to Offer High-Performing Drivers More Attractive Compensation Package
Uber has introduced a new reward program: Uber Pro that will allow its drivers who score low cancellation rates and maintain high ratings to …
,
Top-tier ride-hailing companies are now offering rides on electric bicycles and scooters
Ride-hailing companies are beginning to make a shift from their primary business to win as many users as possible in the transportation market. Uber …
,
Toyota is investing $500 million in Uber to develop self-driving cars
Toyota Motor Corp. will invest $500 million in Uber Technologies Inc. to jointly work on developing autonomous vehicles aimed at improving safety and lowering …
,
Uber tenaciously fights to stay on in London with a court appeal
After being declared unfit in most European markets to offer taxi services, Uber vows not to leave London without a fight. Having been ruled …
,
Uber launches 5MB Uber Lite app to increase service accessibility
Uber’s target to strive in Asia now depends on its market strategy in India. The ride-hailing giant has deployed varied strategies to grow its …
,
Takeaways from Dara Khosrowshahi’s Interview at the Code Technology Conference
Solving the governance challenges in Uber was Dara Khosrowshahi’s top priority when he took over the company as CEO in August last year, according …
,
Daimler buys a stake in Uber-rival Taxify
German car giant Daimler has taken a stake in Uber-rival Taxify in a funding that values the Estonia startup at more than $1b (£750m) …
,
Uber finally finds space to start taxi-hailing service in Japan
Uber Technology Inc. finally won government’s approval to start taxi-hailing program in Japan after being marginalized ever since by Japan’s law against ride-sharing. The …
,
Uber Suspends Services in Greece
The ride-hailing service, Uber on Thursday announced it is shutting down one of the services, UberX in Greece. The announcement was made in the …
,
Uber leaves Southeast Asia to cut potential losses
Uber seems to have given up its ride-sharing service rivalry with competitors in Southeast Asia as they agree to sell its outlets in eight …
,
Uber First Fatal Crash: Human Drivers Kill 80 Humans Every Day in the U.S.
The Arizona police have confirmed the death of a woman struck by Uber self-driving vehicle, an accident that appears to be the first fatal crash …
,
Uber Health is here to take patients to hospitals who can’t otherwise afford ambulance rides
To get health care, patients will have to commute from their residence to health care administration centres, covering a certain distance in a comfortable …
,
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 …
,
A Year-Old Uber Data Breach Finally Exposed
In October 2016, Uber Technologies Inc. was hacked into and their data was stolen. The personal data was related to 57 million riders and …
,
SoftBank to be Uber’s lifeboat by investing $10 billion
The past year has been full of downs for Uber Technologies Inc. due to a number of factors in the administration as well as …
,
SoftBank Uber deal might rescue the ride-hailing giant
Uber Technologies Inc. has been shuffling between all the troubles it is facing for a while now. The most recent one is the cancellation …
,
Uber Suspends Autonomous Car Testing after Arizona Crash
After an unfortunate incident last week at Arizona, Uber is suspending its autonomous car test program in the region. While in its autonomous driving …
,
‘Waymo’ Google Alphabet Sues Uber for Unlawful Practices
Waymo has sued Uber Technologies Inc., after unlawful revelations in an email exchange. Google Alphabet Inc., runs Waymo, an autonomous car developing company. The Waymo …
