Uber released financial data earlier this year showing it lost USD 865 million in the fourth quarter of 2018.
11 Apr 2019 10:13 AM
Self-driving cars are going to be in our lives. The question of when is not clear yet.
09 Apr 2019 12:24 PM
Uber, last valued at USD 76 billion in the private market, is seeking a valuation as high as USD 120 billion in its IPO.
09 Apr 2019 11:31 AM
The new law to impose stricter rules on such app-based transport companies, if passed, will come into effect at the start of next year.
03 Apr 2019 1:26 PM
Both companies hope to push people away from car ownership and promote shared and sustainable transportation services.
03 Apr 2019 12:58 PM
With the revision disclosed Wednesday, Lyft is now seeking USD 70 to USD 72 per share, up from its previous goal of USD 62 to USD 68.
28 Mar 2019 11:26 AM
Uber will acquire all of Careen’s mobility, delivery and payments businesses across the greater Middle East region.
27 Mar 2019 2:46 PM
Uber has been preparing for an initial public offering, and its bankers have indicated that it could be valued at USD 120 billion.
25 Mar 2019 10:24 AM
Uber will pay USD 1.4 billion in cash and USD 1.7 billion in convertible notes.
25 Mar 2019 8:36 AM
Karnataka had suspended Ola’s licence for six months for violating government rules by running motorcycle taxis which are not allowed.
24 Mar 2019 10:24 AM
Many prospective users were still trying to get to grips with how they might use CoDi.
23 Mar 2019 9:43 AM
Harbir Parmar, 25, of New York pled guilty in White Plains federal court to kidnapping and wire fraud.
15 Mar 2019 12:49 PM
Uber will make additional bank hires in the coming weeks to complete the IPO syndicate.
13 Mar 2019 9:01 AM
The Pittsburgh guidelines were included in an executive order signed by Mayor Bill Peduto.
05 Mar 2019 6:08 PM
The CSC's village level entrepreneurs at these centers will help verify eligibility and issue e-cards to drivers for the Ayushman Bharat.
01 Mar 2019 4:06 PM
BMW and Daimler are working to develop autonomous cars which could enable them to up-end market for taxi and ride-hailing services.
22 Feb 2019 5:32 PM
Uber was considering the sale of its food delivery arm in India and has been in talks with Swiggy and Gurugram-based Zomato.
22 Feb 2019 12:48 PM
Gandhi cited a media report, which quoted a driver saying that the government has not given jobs and he found one after investing lakhs.
10 Feb 2019 4:39 PM
Anti-riot police backed by a fleet of tow trucks took several hours to clear the vehicles from the capital.
29 Jan 2019 11:05 AM
Boeing is competing with arch-rival Airbus SE and numerous other firms.
24 Jan 2019 10:12 AM