Uber Bike Taxi

Two-wheelers emerge as the fastest-growing category as ride-hailing giant deepens push beyond metros in one of its most consequential global markets, says Prabhjeet Singh

A new ride-hailing platform is set to enter Delhi next month. Bharat Taxi, a driver-owned cooperative, promises zero commission, transparent fares, and no surge pricing. Here’s what the platform offer

Uber has rebranded its Moto service to Uber Bike and is expanding to more cities as two-wheelers become central to its India growth despite regulatory uncertainty in states

India is crucial for Uber because its massive population of more than 1.4 billion people represents an unparalleled opportunity for expansion

Tesla CEO Elon Musk's interest in launching robotaxis in Saudi Arabia comes at a time when the Kingdom's transport authority has already signed MoU with Uber to roll out self-driving cars by 2025

Uber has struggled to match the high growth from the post-pandemic quarters and is also contending with lower ride prices with some customers seeking cheaper transport options

The Karnataka High Court on Wednesday directed taxi aggregators to stop bike taxi services in the state within six weeks. It stated that bike taxis cannot operate until the state government notifies proper guidelines under the Motor Vehicle Act. The single-judge bench of Justice B M Shyam Prasad directed the state government to ensure that bike taxi operations are halted within the stipulated time. This direction came after ride-hailing apps such as Ola, Uber, and Rapido, which also operate bike taxis, approached the High Court seeking necessary directives for the state government to formulate a policy for running bike taxis. While ordering the bike taxi operators to cease operations by six weeks, the court instructed the state government to formulate guidelines in this regard.

The total expenses of the company which competes with Ola, Rapido for the fiscal were reported as Rs 3,977 crore

Commuters in Delhi and Gurugram can book their seats in advance up to a week ahead through the Uber app

Rolled out first in Bengaluru, Uber has plans to scale it up in other top cities such as Delhi, Mumbai, Kolkata, Chennai, and Hyderabad

The stock jumped about 4.6% in premarket trading in New York. It has more than doubled over the past 12 months

When contacted, an Uber spokesperson said, 'Uber continues to provide a high level of service to all its riders in Mumbai'

Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in demand since mid-March, Khosrowshahi said

At present, Uber is doing more than 4 million rides a day. In order to expand its service, the company is willing to partner local players

The company is willing to partner local players that have a similar offer and would like to come on their platform

Uber had restarted its bike taxi pilot in Bengaluru, pivoting it to a ride-sharing model in order to navigate the restrictions placed by the Karnataka government