Singapore says Grab-Uber merger reduced competition, proposes penalties

Reuters

Singapore's Competition and Consumer Commission said on Thursday the merger of Grab and Uber had substantially lessened competition ....

5 July, 2018

Uber shrinks quarterly loss, plans new share sale

Reuters

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services ....

24 May, 2018
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Uber 'doubling down' on India investments, says top executive

Reuters

Ride-hailing giant Uber Technologies Inc is "doubling down" on its investments in India, one of its biggest markets, ....

18 April, 2018

SoftBank-backed Grab acquires Uber's Southeast Asia business

Team TC

Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ....

26 March, 2018

Uber CEO says car ownership bigger threat than Ola, vows to invest more in India

Anirban Ghoshal

Uber's chief executive officer Dara Khosrowshahi said on Wednesday that the ride-hailing company will continue to invest in ....

22 February, 2018

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

Dearton Thomas Hector

Chinese taxi-hailing firm Didi Chuxing has expressed its ambitions to go global. Didi's president Jean Liu made it clear at an ....

21 October, 2016
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Apple-backed Didi plans self-driven cars

Dearton Thomas Hector

The Chinese ride hailing firm Didi Chuxing is reportedly working on self-driving cars. According to Bloomberg Businessweek, Didi ....

7 October, 2016

Uber's Southeast Asia battle intensifies as rival Grab raises funding

Dearton Thomas Hector

Southeast Asian cab-hailing firm Grab has raised $750 million in a round led by Japan's SoftBank Group Corp. This has increased ....

21 September, 2016

IAN invests in relocation service provider Pikkol

Arti Singh

Bangalore-based relocation service provider Pikkol has raised an undisclosed amount of funding from Indian Angel Network. Angel ....

17 August, 2016

Exclusive: Sixth Sense Ventures backs hyperlocal logistics startup Grab

Debjyoti Roy

Consumer centric venture fund Sixth Sense Ventures, floated by former IDFC Securities' managing director and its co-head of research ....

12 November, 2015