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Posts Tagged ‘ Uber Technologies Inc ’


Uber ties up with Airbus for on-demand helicopter rides

Uber Technologies Inc will partner with Airbus to launch a pilot project this week to provide on-demand flights with the aerospace giant’s helicopters, a top Airbus executive has said. California-based Uber has said that it will be partnering with France-based Airbus on a test programme to pro...

18 January, 2016 | More »

Travis Kalanick, CEO, Uber

Now, Uber to mentor Indian startups

Ride-hailing company Uber Technologies Inc has tied up with Invest India, a government agency to promote investment in the country, to mentor Indian entrepreneurs through a programme called uberEXCHANGE. The company will host a series of six leadership talks by senior Uber executives, including from...

6 January, 2016 | More »


Uber discontinues autorickshaw hailing service

Uber India has temporarily suspended UberAUTO, its autorickshaw hailing service. “At Uber, we continuously experiment with products to ensure that we can provide the most efficient, affordable and convenient ride to everyone everywhere. We are temporarily removing this product (UberAUTO) to solve ...

9 December, 2015 | More »


Cab aggregator Uber raises $2.1B in new round

Ride-hailing company Uber Technologies Inc has raised $2.1 billion in a new round of funding that takes its valuation to $64.6 billion, The Wall Street Journal reported. The round was led by Tiger Global Management and T. Rowe Price, the report said. Prior to this round, Uber had raised more than $1...

4 December, 2015 | More »


Uber tests ride-share with private cars in Punjab

Ride sharing app Uber Technologies Inc may soon allow owners of private cars to offer car-pooling service through its platform. Uber has signed a Memorandum of Understanding (MoU) with the Government of Punjab to develop a pilot project for a peer-to-peer ride-sharing programme in the state, Uber sa...

30 October, 2015 | More »


India to regulate ride-hailing apps: reports

India is drafting specific guidelines for regulating Uber, Ola and other ride-hailing firms, multiple news reports have indicated. The Wall Street Journal, which reportedly reviewed the draft guidelines floated by the Ministry of Road Transport and Highways, said that ride-hailing apps would be requ...

13 October, 2015 | More »


Uber’s Chinese rival Didi Kuaidi invests in Ola

Didi Kuaidi Joint Co, which competes with Uber Technologies Inc for a slice of China’s taxi-hailing market, has invested an undisclosed amount in India’s largest cab aggregator Ola. The investment is said to be part of the recent $225 million funding round led by Ola’s existing investors Fal...

28 September, 2015 | More »


Uber brings car-pooling service to India

Ride sharing app Uber Technologies Inc is launching its car-pooling service in India, as per a press statement. A pilot version of the UberPOOL service will begin in Bangalore over the next few weeks. With UberPOOL, commuters can share a ride and split the cost with another person who needs to trave...

21 September, 2015 | More »


Delhi govt rejects Uber’s application to run taxis in capital

In a setback to US-based online cab service provider – Uber, the Delhi government has rejected again the company’s application for licence to run its taxis in the national capital. The government’s move comes around a fortnight after it rejected the application for license by anoth...

15 September, 2015 | More »


Uber raises $1.2B; BlaBlaCar in talks to raise $160M

Cab-hailing firm Uber and ride-sharing giant BlaBlaCar are raising another round of funding. Uber has raised $1.2 billion in a round led by Baidu, a Chinese web services company, as reported by The Wall Street Journal, citing sources. The new capital will be used increase Uber’s ride sharing b...

10 September, 2015 | More »