Uber confidentially files for IPO in a race against Lyft to tap investors

Uber confidentially files for IPO in a race against Lyft to tap investors

By Anna Domanska - Dec 10, 2018

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 first en

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Uber to Offer High-Performing Drivers More Attractive Compensation Package

Uber to Offer High-Performing Drivers More Attractive Compensation Package

By Anna Domanska - Nov 02, 2018

Uber has introduced a new reward program: Uber Pro that will allow its drivers who score low cancellation rates and maintain high ratings to earn rewards like free college tuition

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Top-tier ride-hailing companies are now offering rides on electric bicycles and scooters

Top-tier ride-hailing companies are now offering rides on electric bicycles and scooters

By Carrie Ann - Sep 07, 2018

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 CEO Dara Khosrowshahi already g

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Toyota is investing $500 million in Uber to develop self-driving cars

Toyota is investing $500 million in Uber to develop self-driving cars

By Anna Domanska - Aug 28, 2018

Toyota Motor Corp. will invest $500 million in Uber Technologies Inc. to jointly work on developing autonomous vehicles aimed at improving safety and lowering transportation costs.

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Uber tenaciously fights to stay on in London with a court appeal

Uber tenaciously fights to stay on in London with a court appeal

By Anna Domanska - Jun 25, 2018

After being declared unfit in most European markets to offer taxi services, Uber vows not to leave London without a fight. Having been ruled out of a license renewal in London, the

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Uber launches 5MB Uber Lite app to increase service accessibility

Uber launches 5MB Uber Lite app to increase service accessibility

By Anna Domanska - Jun 12, 2018

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 market in the nation after withdraw

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Takeaways from Dara Khosrowshahi's Interview at the Code Technology Conference

Takeaways from Dara Khosrowshahi's Interview at the Code Technology Conference

By Carrie Ann - Jun 01, 2018

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 to his statement in an intervie

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Daimler buys a stake in Uber-rival Taxify

Daimler buys a stake in Uber-rival Taxify

By Anna Domanska - May 31, 2018

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) and the latest investment by Mercedes-Benz ow

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Uber finally finds space to start taxi-hailing service in Japan

Uber finally finds space to start taxi-hailing service in Japan

By Anna Domanska - May 22, 2018

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 compa

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