Ola raises $50 mn from two new Chinese investors

Dearton Thomas Hector

Cab-hailing app Ola, run by ANI Technologies Pvt. Ltd, has raised $50 million (around Rs 360 crore) from two new Chinese investors ....

18 September, 2018

Uber on track for IPO next year, to retain self-driving tech unit, says CEO

Reuters

Uber Technologies Inc is on track to go public next year and has no plans to sell its self-driving car research arm, Chief Executive ....

6 September, 2018
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Toyota to invest $500 mn in Uber for self-driving cars

Reuters

Toyota Motor Corp (7203.T) will invest $500 million in Uber to jointly work on developing self-driving cars, the companies said ....

28 August, 2018

Uber names new privacy chief, data protection officer

Reuters

Uber Technologies Inc [UBER.UL] appointed Ruby Zefo as chief privacy officer and Simon Hania as data protection officer, a company ....

19 July, 2018

Uber HR chief resigns following racial discrimination probe

Reuters

Uber Technologies Inc’s Chief People Officer Liane Hornsey resigned in an email to staff on Tuesday, following an investigation ....

11 July, 2018

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
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Uber in talks for merger with Middle East rival Careem: Report

Reuters

Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg ....

4 July, 2018

After Ola, Chinese ride-sharing giant Didi enters Australia

Reuters

Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company that bought the mainland operations of Uber Technologies Inc, ....

15 June, 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

Uber's chief product officer quits in latest top-level exit

Reuters

Uber Technologies Inc Chief Product Officer Jeff Holden is leaving the ride-hailing company, an Uber spokesman told Reuters on ....

18 May, 2018
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Ride-sharing giant Didi to halt pooling services for a week over safety concerns

Reuters

China's biggest ride-sharing company, Didi Chuxing, said on Friday it would halt for a week one of its domestic ....

11 May, 2018

China's Didi in talks with Volkswagen to co-develop self-driving vehicles

Reuters

Volkswagen AG, the world's biggest automaker, is in talks to form a joint venture with China's Didi Chuxing ....

30 April, 2018

Ride-hailing firm Jugnoo to enter Singapore next month

Reuters

Indian ride-hailing firm Jugnoo plans to enter the Singapore market next month, its chief executive said on Wednesday, joining ....

25 April, 2018

Chinese ride-hailing giant Didi turns to automakers for 'purpose-built' cars

Reuters

Chinese ride-hailing giant Didi Chuxing is exploring ways of collaborating with established automakers and parts suppliers to ....

24 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

Japan's Sony plans AI-powered taxi-hailing system to take on SoftBank

Reuters

Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing ....

20 February, 2018

Ola orders clean-up drive amid allegations of fraud against top exec

Binu Paul

In a major embarrassment to homegrown taxi aggregator Ola, Yugantar Saikia, the company’s human resources head and chief ....

16 February, 2018

SoftBank, China’s Didi to roll out ride-hailing venture in Japan

Reuters

China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, ....

9 February, 2018

What UberChina's merger with Didi Chuxing means for India

Vijayakumar Pitchiah

Uber Technologies Inc.'s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make ....

1 August, 2016

Chinese ride-hailing firm Didi Chuxing to acquire Uber's local business

Vijayakumar Pitchiah

Uber Technologies Inc., the ride-sharing company with a reputation of slugging it out with rivals and regulators to capture market ....

1 August, 2016