Page 8 - Uber

Uber launches flight bookings in UK, plans to double down on growth

The introduction of commercial flight bookings is "the latest and most ambitious step" in Uber's strategy, said its UK general manager Andrew Brem

Ex-Uber security chief Sullivan sentenced for data-breach cover-up

The former chief security officer for Uber was sentenced to probation Thursday for trying to cover up a 2016 data breach in which hackers accessed tens of millions of customer records from the ride-hailing service. Joseph Sullivan was sentenced to a three-year term of probation and ordered to pay a fine of $50,000, the U.S. attorney's office announced. Sullivan, 54, of Palo Alto was convicted by a federal jury in San Francisco last October of obstructing justice and concealing knowledge that a federal felony had been committed. It was believed to be the first criminal prosecution of a company executive over a data breach. Sullivan was hired as Uber's chief security officer in 2015. In November 2016, Sullivan was emailed by hackers, and employees quickly confirmed that they had stolen records on about 57 million users and also 600,000 driver's license numbers, prosecutors said. After learning of the breach, Sullivan began a scheme to hide it from the public and the Federal Trade ..

Uber trips up 24% to 2.1 billion in Q1, sales grow 29% to $8.8 bn

Revenue grew 29% YoY to $8.8 billion and the net loss was $157 million, which includes a $320 million net benefit (pre-tax)

Uber confident on profit as ride-sharing makes strong start to 2023

Uber is benefiting from its dominant position in key global markets as travel rebounds from a pandemic-induced lull

Delhi pips Mumbai as most forgetful city in Uber Lost and Found Index

One commuter left behind a big screen television; some forgot brooms and children's strollers

Uber expands pre-booking 'Reserve' option to 6 more cities in India

Ride-hailing app Uber on Wednesday announced the expansion of 'Reserve' facility across six more cities in India, giving riders an option to pre-book their rides 30 minutes to 90 days ahead of their travel. Uber Reserve will now be available for cash payments offering riders access to pre-booked rides, it said in a statement. The six new cities added are Kochi, Chandigarh, Ahmedabad, Jaipur, Lucknow and Guwahati. "Reserve now appears as a new option in the latest version of the Uber app and is available on Uber Premier, Uber Intercity, Uber Rentals and Uber XL," an Uber release said. With this, the service is now live across 13 cities -- Mumbai, Bengaluru, Delhi-NCR, Kolkata, Chennai, Pune, Hyderabad, Kochi, Chandigarh, Ahmedabad, Jaipur, Lucknow and Guwahati -- in India. The new product is developed keeping in mind pre-planned travel needs, including work trips, airport drops, visits to the doctor, and other scheduled appointments, according to Uber. "With Reserve, riders can ..

Lyft plans job cuts, may hit 30% of employees as it struggles over profit

The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs

BluSmart seeking to challenge Uber, Ola with an all-electric taxi fleet

A confidential BluSmart investor deck from March, reviewed by Reuters, stated "Uber is losing drivers, riders and market share in India"

Uber signs pact to build cab service zones across all AAI airports

Ride-hailing app Uber has signed a pact with AAI to build its cab service zone across their airports as it sees the aviation sector as one of the key growth drivers of its business, a senior company official said. Uber India and South Asia President Prabhjeet Singh told PTI that it has recorded nearly 100 per cent year-on-year growth in Airport trips in January and February this year and one in every 10 trips on the Uber platform is an airport trip. We have signed an MOU with the Airports Authority of India (AAI) to provide Uber's service at multiple AAI airports. This is something which we believe is to truly participate in one of the fastest-growing segments of the Indian economy, which is the aviation sector. We see that we are an incredibly critical part of that growth, Singh said. Uber Zone enables the company to provide dedicated pickup and drop points, deploy technology to help the user navigate to Uber Zones and provide parking at ease to driver partners etc. He said trips

Delhi HC upholds levying GST on auto ride through platforms like Uber

The Delhi High Court has upheld the Centre's decision to levy GST on the services offered by an auto-rickshaw or other non-air-conditioned carriages through electronic commerce operators like Uber. A bench headed by Justice Manmohan dismissed the petitions of Uber India Systems Private Ltd and others challenging the 2021 central government notifications making fare in respect of a booking through the platform of an electronic commerce operator (ECO) for an auto-rickshaw ride or a bus ride exigible to tax. The court said ECOs form a class which is "distinct" from an individual service provider and the notifications, which take away an earlier exemption from tax levy, are in compliance with the object of the GST law to levy tax on every transaction of supply of goods and services. "The Petitioners have not disputed the aforesaid stated objective of the GST law that every transaction must be taxed. Therefore, the impugned Notifications, which seek to withdraw the exemption and tax the

Uber sells $400 mn stake in UAE's Careem to boost super app business

Careem Rides will operate a foundational ride-hailing service and will continue to be fully owned by Uber

18,890 complaints received on National Consumer Helpline since 2017: Govt

The government on Wednesday said 18,890 complaints have been received on National Consumer Helpline since 2017 against cab aggregators Ola and Uber. "441 grievances have been received on PG (Public Grievance) portal and 18,890 complaints received on National Consumer Helpline from January 1, 2017 to March 31, 2023 against Ola and Uber," Minister of State for Food and Consumer Affairs Ashwini Kumar Choubey said in a written reply to Lok Sabha. The Central Consumer Protection Authority (CCPA) has issued notices to Ola and Uber on concerns related with deficiency in service, inadequate consumer grievance redressal mechanism, unreasonable levy of cancellation charge and lack of any information on the algorithm, he added.

Top headlines: Reliance begins price war, ONDC forays into mobility segment

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India's ONDC forays into the mobility segment; takes on Uber and Ola

Incorporated in December 2021, ONDC said its aims to create a facilitative model that revolutionises digital commerce, giving greater thrust to penetration of retail e-commerce in India

Uber allows user to sync air travel via email integration in India

The new feature is an opt-in, and will require riders to sync their email IDs with their Uber app to be able to access it, the company said in a statement

Uber, Ola act on SC directive, apply for aggregator licence in Maharashtra

Ride-hailing service providers Ola and Uber have applied to the Maharashtra government for aggregator licences, a Regional Transport Office (RTO) official said here on Friday. Sets of guidelines brought out by the Centre and the Maharashtra government mandate such app-based companies to obtain a licence. Currently, the government cannot efficiently take action in case of violations by these operators and a licence could change that situation. Acting on a directive of the Supreme Court, the ride-hailing service firms have applied for aggregator licences at Mumbai's Tardeo RTO, which has jurisdiction over the entire island city, the official said. Bharat Kalaskar, regional transport officer from Tardeo RTO, told PTI that they received applications from Ola and Uber for aggregator licences 3-4 days ago. The applications are under scrutiny and will be subsequently put up to the Mumbai Metropolitan Region Transport Authority (MMRTA) for a final decision about granting the licence, he ..

New Delhi city warns Uber, Ola on use of bike taxis, says official

As of Tuesday, bike taxis continue to be available for booking on Uber and Ola apps in New Delhi.

Uber says unfeasible EV mandates risk finishing off bike taxi sector

As Delhi govt mulls regulatory framework that will likely allow only EVs to function as bike taxis, Uber urged to initiate an industry dialogue so that one can arrive at joint path to electrification

Delhi's plans to allow only electric bike taxis to impact millions: Uber

Uber Technologies Inc said plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector"

Bike taxis seek time till 2025-26 for electric vehicle transition

Bike taxis do 10-12 million rides a week; one-fourth of these are in Delhi