Uber Posted Huge $5 Billion Loss, Share down 6 Percent
Uber posted a record $5.2 billion loss in the second quarter results, as growth in its core ride-hailing service slows.
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Uber Acquires AI platform to advance its Self-driving cars technology
Uber acquired AI platform Mighty AI to help advance its technology for self-driving cars.
Facebook New cryptocurrency Libra backed by Visa, Mastercard, PayPal and Uber
Facebook is launching a cryptocurrency called ‘Libra’ which backed by more than a dozen companies including Visa, Mastercard, PayPal, and Uber.
Uber Chief tightening his grip in the Ride Sharing Firm
Uber chief Dara Khosrowshahi controlling the company through a reshuffle in the senior management of Uber.
Uber partners IOC to offer discounts on fuel for driver-partners
Online cab booking platform Uber said over 12,000 driver-partners have already registered for this benefit.
Uber Riders Maybe Blocked from the app
Uber user may be blocked from the app after several complaints.
Uber First Employee Quits Company
Ryan Graves, Uber’s first employee, and former CEO resigned from the company after Uber launch of IPO.
Travis Kalanick barred from Uber IPO at NYSE
Travis Kalanick will barred from Uber IPO
PayPal to invest $500 million in Uber before IPO
PayPal will invest in Uber
Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East
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Lyft beats bigger rival Uber, File for $2 billion IPO
Lyft Launch of IPO
Uber Ties Up with Delhi Metro For Last Mile Connectivity
US based hide hailing major Uber has partnered with Delhi Metro Rail Corporation (DMRC) to improve first-mile/last-mile connectivity. As part of this partnership, Uber will set-up kiosks across designated metro stations for Uber Rider Assistants to facilitate riders to book an Uber ride even without the App. It will also place signages at selected locations in the stations and […]