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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Is India fast becoming a digital colony?

Mohandas Pai

The acquisition of Flipkart by Walmart means that now Indian online retail will be dominated by American companies. This is a ....

17 May, 2018

Uber re-opens global contest to choose third 'flying taxi' city

Reuters

Uber Technologies Inc on Wednesday re-opened a contest to select the first international city to launch its proposed flying taxi ....

10 May, 2018

Walmart scraps online grocery delivery tie-ups with Uber, Lyft

Reuters

Walmart Inc’s online grocery delivery partnerships with ride-hailing services Uber and Lyft have ended, according to ....

8 May, 2018

As Ola and Uber fight for supremacy, Meru breaks even and ventures into B2B

Binu Paul

After operating in the segment for over a decade, Meru, one of India’s oldest radio-taxi services, claims that it has achieved ....

2 May, 2018
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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

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

Boost for Uber as US judge says drivers don't count as employees

Reuters

A US judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc are independent contractors ....

13 April, 2018
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Uber unveils new services in bid to become one-stop transportation shopping app

Reuters

Uber Technologies Inc is looking to be virtually a one-stop transportation shopping app, saying on Wednesday it will add new services, ....

12 April, 2018

Exclusive: Ride pooling platform Pooltoo raises seed money

Binu Paul

New Delhi-based intra-city bike and car-pooling startup Pooltoo, headed by three women entrepreneurs, have raised an undisclosed ....

4 April, 2018

Ola buys Ridlr to enter public transport segment

Vijayakumar Pitchiah

Homegrown cab-hailing major Ola has acquired Ridlr, a public-transport ticketing app, for an undisclosed sum, amid growing rivalry ....

3 April, 2018

Lobby group Indiatech’s CEO quits over differences with promoters

Binu Paul

Indiatech.org, a lobby group launched by Indian internet unicorns Flipkart, Ola, and MakeMyTrip, suffered a setback as its chief ....

2 April, 2018

Why it makes sense for Uber to sell India operations to Ola

Rohit Thomas Koshy

Uber has increasingly been finding it difficult to operate in India. It seems to have underestimated the ‘dimaag (brain)’ ....

29 March, 2018

Why the crash of a driverless Uber car could have been avoided

Anirban Ghoshal

Last week, a woman was killed  in a US city after being hit by a self-driving car operated by ride-hailing giant Uber. The ....

26 March, 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, Ola drivers go on indefinite nationwide strike over pay

Reuters

Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, demanding extra pay as ....

19 March, 2018

Porsche expects its flying cab technology to be ready in 10 years

Reuters

Porsche is studying flying passenger vehicles but expects it could take up to a decade to finalize technology before they can ....

7 March, 2018

Ola, Paytm Mall in separate talks for large funding led by Temasek, SoftBank

Shweta Sharma

Singapore's state investment firm Temasek is reportedly in separate talks for large investments in Indian ride-hailing company ....

6 March, 2018

Ola puts in another $7.68 mn into cab-leasing arm

Vijayakumar Pitchiah

Taxi aggregator Ola, operated by ANI Technologies Pvt. Ltd, has made a fresh infusion of Rs 50 crore ($7.68 million) ....

28 February, 2018