Uber posts $1 bn loss for July-Sept as growth in bookings slows

Reuters

Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the ....

15 November, 2018

Ola’s chief people officer Susheel Balakrishnan quits

Dearton Thomas Hector

Susheel Balakrishnan, the chief people officer at ride-hailing app Ola, has resigned from the firm after a six-month stint. Ola, ....

12 November, 2018
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After driving around Australia and UK, Ola makes New Zealand foray

Kavya Kothiyal

Cashed up and on a roll, Indian cab-hailing app Ola will now drive around New Zealand, continuing its global launching spree that ....

9 November, 2018

India’s competition watchdog dismisses price-fixing charges against Uber, Ola

Binu Paul

In response to a complaint against cab aggregators Uber and Ola, the Competition Commission of India (CCI) has ruled that the ....

8 November, 2018

Uber's dealmaking chief resigns after sexual misconduct allegations

Reuters

Cameron Poetzscher, who oversaw a string of high-profile deals at Uber Technologies Inc, has resigned, weeks after a report on ....

23 October, 2018

Hundreds of Ola, Uber drivers go on strike seeking higher fares

Reuters

Hundreds of drivers for ride-hailing giant Uber and its local rival Ola went on strike in the two biggest Indian cities, ....

22 October, 2018
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Exotel’s beta interface predicts call drops, high traffic in telecom networks

Anand J

Cloud-based telephony services firm Exotel Techcom Pvt. Ltd has rolled out machine learning-based Heartbeat API (application programming ....

17 October, 2018

Uber gets bank proposals for IPO at $120 bn valuation: WSJ

Reuters

Uber Technologies Inc could be valued at $120 billion when it finally goes public next year according to recent proposals made ....

16 October, 2018

Uber to expand to more Indian cities, plans shift to electric vehicles

Payal Ganguly

Cab aggregator Uber Technologies Inc. plans to expand to more cities in India and grow other services such as bike-hailing, a ....

4 October, 2018

Can bike taxi startups ride their way to growth?

Binu Paul

This is the final of a three-part series that analyses India’s transport aggregation sector. You can read the previous parts here and ....

4 October, 2018
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Now, riders can pay for their Uber trips using Google Pay

Vijayakumar Pitchiah

San Francisco-based cab hailing major Uber’s India operations has now onboarded Google Pay (earlier known as Tez) as one ....

28 September, 2018

Shuttl to absorb Commut’s local ops as Careem acqui-hires bus aggregator

Binu Paul

UAE-headquartered ride-hailing firm Careem has acqui-hired app-based Indian bus shuttle operator Commut as it readies to launch ....

24 September, 2018

Ola dials Naspers, Temasek and others for new investment round: Report

Payal Ganguly

ANI Technologies Pvt. Ltd, which owns ride-hailing company Ola, is in discussions with South African internet conglomerate Naspers ....

24 September, 2018

Can transport aggregation services scale beyond cabs?

Binu Paul

This is the first of a three-part series that analyses India's transport aggregation sector. In India, cab aggregators ....

20 September, 2018

Uber will use voice to fuel its next billion rides

Payal Ganguly

Having completed a billion rides in South Asia, cab-hailing firm Uber is now aiming to flood markets, especially India, with another ....

11 September, 2018

Why DSG Consumer-backed Tazzobikes skid to a halt after a two-year run

Vijayakumar Pitchiah

Hyderabad-based bike rental firm Tazzo Technologies Pvt. Ltd has shut down its operations less than two years since its inception ....

5 September, 2018

Uber identifies India as potential launch city for flying taxi service

Payal Ganguly

Uber Elevate, the flying taxi arm of app-based taxi aggregator Uber Technologies, has shortlisted India among five countries to ....

29 August, 2018

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 hires CFO as self-imposed IPO deadline draws nearer

Reuters

Uber Technologies Inc has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing ....

21 August, 2018

Self-drive car rental startup Revv gets funding from Hyundai

Kavya Kothiyal

Hyundai Motor Company has invested in Indian self-drive car rental startup Revv, joining a raft of global carmakers backing new ....

20 August, 2018

Uber narrows global loss, says it's 'cementing leadership position' in India

Reuters

Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company ....

16 August, 2018