Ride so far too costly, say the latter; attempt now to sweeten parking spot deal for the cab aggregators
Uber is one of the most prominent companies in the portfolio of SoftBank Group
San Francisco-based ride hailing major Uber on Tuesday launched its public transport service in Delhi, the ninth city globally and the first in Asia to have the feature
India is one of our most important markets. 12 % of all our global trips are done in India. India is already a big market for us in terms of transactions, he said
Once the users use this option, Uber will show the best three routes for using a metro or bus in the city
SoftBank-backed Ola intends to host a fleet of 20,000 cars by 2020
Japanese investor Masayoshi Son reacts after his company comes under pressure from some investors for its bets on loss-making businesses.
The ride-hailing firm has launched services in Coventry and Warwick, is the only app that can be used by both black cabs and Private Hire Vehicles in these cities
The updated terms for India indicate that the terms of use of Uber would now be applicable to Uber India Systems Private Limited, a private limited liability company established in India
The challenge for everyone is how to fend off competition from insurance companies and the sweep of technology, making their business models irrelevant
Billionaire Silicon Valley investors, sneaker-clad founders and button-down bankers all expected enormous stock sales to turn companies like Uber, Lyft into a new generation of corporate giants
Cloud kitchens, much like cloud computing services, have become a popular business model for food-delivery providers
The SJM also demanded that in case of ride cancellation by a taxi-app company or the driver, Rs 100 or an amount equivalent to 20 per cent of the fare should be credited as a penalty
It's only the second bond sale in Uber's 10-year history
Karnataka already has a minimum and maximum fare for app-based cab companies
Lawmakers in California want to reclassify workers treated as independent contractors, which may dramatically boost costs for Uber and other companies built around the gig economy
Anthony Levandowski's prosecution is one of Silicon Valley's highest-profile trade secret theft cases, as engineers race to develop self-driving cars, which experts view as a $1-trn market opportunity
More than half of adults over 65 own smartphones, the Pew Research Center has reported. Yet among adults 50 and older, only about a quarter used ride-hailing services in 2018
Colombia imposes $629,000 fine on Uber for obstructing regulatory visit
The $6.1 billion Dutch benefit will reduce Uber's final Dutch tax bills by that precise amount, and has no expiration date