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Uber filing lists revenue gains, struggles of food business

Uber Eats does more deliveries than its US rivals.

12 Apr 2019 12:21 PM

Uber steers toward blockbuster IPO as road looks rocky

Uber released financial data earlier this year showing it lost USD 865 million in the fourth quarter of 2018.

11 Apr 2019 10:13 AM

Uber, ahead of IPO, sees some time before self-driving cars dominate the road

Self-driving cars are going to be in our lives. The question of when is not clear yet.

09 Apr 2019 12:24 PM

Uber, ahead of IPO, sees some time before self-driving cars dominate the road

Uber, last valued at USD 76 billion in the private market, is seeking a valuation as high as USD 120 billion in its IPO.

09 Apr 2019 11:31 AM

Stricter rules for transport companies like Uber?

The new law to impose stricter rules on such app-based transport companies, if passed, will come into effect at the start of next year.

03 Apr 2019 1:26 PM


Why some green investors are passing on Uber and Lyft

Both companies hope to push people away from car ownership and promote shared and sustainable transportation services.

03 Apr 2019 12:58 PM

Lyft hikes IPO target to USD 70-USD 72 a share as excitement rises

With the revision disclosed Wednesday, Lyft is now seeking USD 70 to USD 72 per share, up from its previous goal of USD 62 to USD 68.

28 Mar 2019 11:26 AM

Uber acquires rival Careem for USD 3.1 billion

Uber will acquire all of Careen’s mobility, delivery and payments businesses across the greater Middle East region.

27 Mar 2019 2:46 PM

Uber could announce USD 3 billion deal with Careem early this week

Uber has been preparing for an initial public offering, and its bankers have indicated that it could be valued at USD 120 billion.

25 Mar 2019 10:24 AM

Uber could announce USD 3 bn deal with Careem early this week: sources

Uber will pay USD 1.4 billion in cash and USD 1.7 billion in convertible notes.

25 Mar 2019 8:36 AM


Karnataka open for talks with Uber rival Ola over ban

Karnataka had suspended Ola’s licence for six months for violating government rules by running motorcycle taxis which are not allowed.

24 Mar 2019 10:24 AM

Uber, other firms interested in mobile pay system

Many prospective users were still trying to get to grips with how they might use CoDi.

23 Mar 2019 9:43 AM

To boost his fare, Indian uber driver in US pleaded guilty to kidnap woman passenger

Harbir Parmar, 25, of New York pled guilty in White Plains federal court to kidnapping and wire fraud.

15 Mar 2019 12:49 PM

Uber hires more IPO underwriters as it prepares to go public: sources

Uber will make additional bank hires in the coming weeks to complete the IPO syndicate.

13 Mar 2019 9:01 AM

Autonomous car testing plan aims to boost public confidence

The Pittsburgh guidelines were included in an executive order signed by Mayor Bill Peduto.

05 Mar 2019 6:08 PM


Ayushman Bharat and Uber ink pact to facilitate free healthcare for drivers

The CSC's village level entrepreneurs at these centers will help verify eligibility and issue e-cards to drivers for the Ayushman Bharat.

01 Mar 2019 4:06 PM

Daimler, BMW to invest 1 billion euros in venture to rival Uber

BMW and Daimler are working to develop autonomous cars which could enable them to up-end market for taxi and ride-hailing services.

22 Feb 2019 5:32 PM

Uber Eats close to selling Indian food delivery business to Swiggy: report

Uber was considering the sale of its food delivery arm in India and has been in talks with Swiggy and Gurugram-based Zomato.

22 Feb 2019 12:48 PM

Incompetence, arrogance make this govt a textbook case of moral bankruptcy: Rahul

Gandhi cited a media report, which quoted a driver saying that the government has not given jobs and he found one after investing lakhs.

10 Feb 2019 4:39 PM

Taxis block major road in biggest anti-Uber protest yet

Anti-riot police backed by a fleet of tow trucks took several hours to clear the vehicles from the capital.

29 Jan 2019 11:05 AM