March 9th, 2019
NEW DELHI: Ola is in talks with Hyundai Motor Company for investing about USD 300 million in the cab-hailing platform, according to sources.
The discussions are at an advanced stage and a deal could be closed in the next few weeks, sources said.
If the deal goes through, it would be Hyundai's second investment in the Indian...
December 27th, 2018
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....
December 10th, 2018
Soon after cab aggregator Lyft applied for nearly 2019 initial public offering, Uber is on the same path and the company issecretly planning to file for an IPO, marking the beginning of a race for thetwo ride-hailing giants to the stock markets.
Most recently,Uber’s private market valuation was a whopping $72 billion value. Founded...