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Now Chinese ride-hailing major Didi Chuxing wants to go global

Friday, October 21, 2016 | More »

Chinese taxi-hailing firm Didi Chuxing has expressed its ambitions to go global. Didi’s president Jean Liu made it clear at an event in the US that, “We are definitely going global.” “We are a big sponsor and a big believer in local players. If there are no existing local players, we will go...


Uber still not ready for IPO, says CEO Travis Kalanick

Uber Technologies Inc., the world’s largest cab-hailing service provider, is not yet ready for an initial public offering, co-founder and CEO Travis Kalanick has said. “I feel like we maybe just entered high school,” Kalanick told Vanity Fair at an event in San Francisco. “It’s the nin...

20 October, 2016 | More »


Now, book Ola and Uber directly from Google Search

Consumers will now be able to book a ride on Ola and Uber directly from Google Search. Earlier this year, Google had introduced the feature on Google Maps, where a dedicated tab with information for cab services was made available to Indian users, in addition to the existing driving, public transpor...

19 October, 2016 | More »


Ola, Uber hike fares, slash driver incentives

In their bid to cut costs and attain profitability in the long run, cab aggregators Uber and Ola are raising fares in major cities and reducing driver incentives. San Francisco-headquartered Uber Technologies Inc has increased taxi fares for long distance rides in Delhi-NCR, Kolkata, Bhubaneswar, Gu...

18 October, 2016 | More »


Ola in talks with SoftBank and General Motors to raise $500 mn

ANI Technologies Pvt Ltd, which runs cab-hailing app Ola, is reportedly in talks with its existing investors that include Japan’s SoftBank and US-based General Motors, for a fresh round of funding to raise $500 million. Ola has held preliminary discussions with US automobile giant General Motors (...

13 October, 2016 | More »


Apple-backed Didi plans self-driven cars

The Chinese ride hailing firm Didi Chuxing is reportedly working on self-driving cars. According to Bloomberg Businessweek, Didi Chuxing, which recently took over world’s largest cab-hailing app Uber’s China business, is looking to hire data scientists and engineers from the Silicon Valley in US...

7 October, 2016 | More »


Uber gives chance to pitch your ideas to VCs during a cab ride

Cab hailing app Uber Technologies Inc. has partnered with the Ministry of Commerce and Industry in India to launch a pan-India startup challenge, UberPITCH 2016. Minister of State for Commerce and Industry Nirmala Sitharaman kicked off this year’s challenge at an event held by industry body FICCI ...

6 October, 2016 | More »


Ixigo partners with Uber, RedBus for its train travellers

Ixigo, a mobile travel marketplace run by Le Travenues Technology Pvt. Ltd, has announced a partnership with RedBus and Uber, to enable instant booking of cabs and buses from the Ixigo trains app. With the partnership, Uber and RedBus will expand their reach to Ixigo’s 10 million user base of trai...

5 October, 2016 | More »


Ola looks to extend market share over Uber with offline cab booking services

As the battle for market dominance intensifies in the taxi aggregator services space in the country, home-grown cab-hailing startup Ola, run by ANI Technologies Pvt. Ltd, has introduced a key feature named Ola Offline enabling its users to book cabs without Internet through a text message, the compa...

5 October, 2016 | More »


Uber restarts surge pricing in NCR, Bengaluru

Cab aggregator Uber has restarted surge pricing in the National Capital Region (NCR) and Bengaluru, its largest markets in the country. In the NCR, a surge pricing of 1.3x to 1.4x was noticed by Techcircle on Monday evening after almost three months of flat pricing. A quick follow up with other Delh...

4 October, 2016 | More »

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