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...
November 17th, 2018The ride hailing major Uber has promoted Manik Gupta as the chief product officer of the company who has been the interim product lead at Uber since the departure of Daniel Graf in April this year. Prior to that, he ran Uber's marketplace and maps product teams for three years where he was responsible for creating mapping solutions and...
November 15th, 2018Soon after ride-hailing service Lyft launched its loyalty program, Uber has also come up with Uber Rewards in nine cities before rolling out to the whole U.S. in the next few months, with points for scooters and bikes coming soon.
Under this program, riders will earn points for all the money they spend on Uber and Uber Eats that score...
October 25th, 2018With the increasing demand of Ola and Uber these days, an average ride cost on Ola and Uber is up by 15% over the last one year. This has been presented as per estimates by research & advisory firm RedSeer. The company said this comes on top of a 10% increase in 2017.
However, the figures that have been stated are a national...
