July 6th, 2018Uber Technologies is in preliminary talks with the Middle East cab service company Careem Networks for the purpose of combining their ride-hailing services in the Middle East.
Both the cab companies have discussed various considerable deal structures but have still not come to an agreement. According to the reports, current leaders of...
May 25th, 2018Uber is currently facing a lot of competition with India-based cab aggregator rival Ola, in Australia. However, the global leader in the ride-hailing market’s CEO, Dara Khosrowshahi, reportedly stated that the company will keep investing in its products and technology in emerging markets such as India and Middle East.
In an email...
May 24th, 2018Cab riding Major, Uber Technologies has slashed its losses to almost half as its ride bookings have jumped 51 percent since last year, the Silicon Valley ride company reported on Wednesday showing that its business hasn't slowed down despite its retreating from the overseas market.
The Cab Aggregator has also reported a one-time gain...
April 13th, 2018Uber, the US based cab hailing company, is taking the responsibility of helping civic authorities, traffic police, researches, think tanks and policymakers find ways of reducing traffic and congestion by applying big data and analytics to find patterns commuting habits and propose innovative plans meant to improve road infrastructure and...
April 11th, 2018Uber developed an app designed exclusively for its drivers that includes a tracker revealing their earnings in real-time as a renewed effort to show its commitment with the Indian market and display its goodwill to satisfy both its clients and employees.
The new app comes after Uber’s ‘180 days of change’ program that was...
February 16th, 2018Speaking at a conference held in San Francisco on Monday, the cab aggregator giant Uber Technologies chief executive officer Dara Khosrowshahi said that "we can turn the knobs to get this business even on a full basis profitable."
Uber's last year losses were $4.5 billion on net revenue of $7.5 billion, but this is the last thought...
December 21st, 2017Uber Technologies Inc on Wednesday named the former chief executive of Orbitz to be its chief operating officer, second-in-command to new CEO Dara Khosrowshahi, who has been revamping the leadership team in hopes of turning around the ride provider and preparing for an IPO.
Barney Harford, who was CEO of online travel service...
December 18th, 2017Uber Technologies said on Monday it has joined forces with BBM Messenger to allow users around the world, including in the application’s biggest market of Indonesia, to book rides via the messenger service.
The partnership agreement is with Creative Media Works, operating as BBM Messenger, the company said in a...
November 23rd, 2017A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack – something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals.
The stock sale...
November 22nd, 2017Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday.
Discovery of the company’s cover-up of the incident resulted in the firing of two employees who led Uber’s response to the hack, said Dara...
October 18th, 2017Uber’s European policy chief Christopher Burghardt has quit to join the electric vehicle charging network company Chargepoint, the latest senior figure to leave the taxi app, the Financial Times reported on Tuesday.
Burghardt, the head of policy for Europe, the Middle East and Africa, departs after less than two years with the...
