Thursday, November 21

Tag: uber inc

New Uber CEO Dara Khosrowshahi Says The Company Has To Change
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New Uber CEO Dara Khosrowshahi Says The Company Has To Change

Cab aggregator Uber's new CEO Dara Khosrowshahi addressed employees on Wednesday and said that the company has to change its culture and may go for an initial public offering (IPO) in 18-36 months. 48 year-old, Khosrowshahi has been leading his travel-booking platform Expedia Inc. for 12 years and recently joined Uber as its CEO and was seen on Wednesday in Uber's San Francisco headquarters with his new badge.   #mynewbadge. I checked it and it works! Does @karaswisher have one of these? pic.twitter.com/SfXDjWeJYP — dara khosrowshahi (@dkhos) August 30, 2017   His plans include rebuilding Uber’s culture and growing market share as well as possibly conducting an IPO in 18 to 36 months, according to people who attended the meeting. It is common for venture capital...
Uber To Offer Insurance To Driver-Partners In India
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Uber To Offer Insurance To Driver-Partners In India

US-based cab aggregator Uber today said it will roll out an insurance programme for over 4.5 lakh of its driver-partners in India in partnership with ICICI Lombard General Insurance. The programme, which will go live from September 1, will be extended for free to driver-partners aged 18-65 years. Uber currently has a similar offerings in Indonesia and Myanmar. Uber, which is locked in an intense battle for leadership with SoftBank-backed Ola in India, counts India among its top markets. It claims to have seen a 115 per cent increase in number of completed trips on its platform in July this year over the year-ago period in India. The insurance offered will cover accidental death and disablement, hospitalisation and outpatient medical treatment in case of an accident while the dr...