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...
October 24th, 2018The cab aggregator Uber has planned for every car on its taxi app in London to be fully electric in 2025, It would also add a clean air fee to each trip from early next year.
The rapidly-expanding firm is simultaneously trying to appease regulators in key markets such as London, with initiatives such as on environmentally-friendly...
October 20th, 2018The ride-hailing major Uber has come up with VoIP calling feature on its app which will allow users to call the driver (and vice-versa) over Wi-Fi. Thus, the next time you travel via Uber, you can book a ride without having a SIM card connection as well.
This might really be helpful if the users wish to save on international roaming...
October 17th, 2018The global cab aggregator Uber has been growing at a great pace since its launch. The company is therefore, expected to be valued at valued at $120 billion when it finally goes public next year.
According to the Wall Street Journal, Goldman Sachs and Morgan Stanley delivered the valuation proposals to Uber last month. Currently,...
October 11th, 2018With the community-based GPS Navigation App called Waze, Google will start to offer its pay-to-carpool service throughout the US. This is a step towards reducing the commute-time congestion for which the app has been basically designed.
This expansion is built upon a carpooling system that Waze began testing two years ago. Initially,...
September 28th, 2018Google’s digital payments platform Google Pay has partnered with Uber to let users pay for their Uber rides easily and seamlessly in India. Initially, the company has an offer in which users can also avail up to Rs. 1,000 when they use Google Pay for 10 Uber rides.
This may toughen the competition for other payment platforms such...
September 24th, 2018Bangladesh-based ride-hailing and ticketing platform Shohoz has reportedly secured funds amounting to $15 million in pre-series B financing round. This funding round was led by Singapore’s Golden Gate Ventures.
The other backers that participated in this round included Linear VC, 500 Startups and Singaporean angel investor Koh...
September 24th, 2018The international ride-hailing service provider Uber is in early talks to acquire food delivery company Deliveroo. The amount of the deal is unknown as of now, however, it has been stated that the offer would need to be considerably above Deliveroo's latest valuation.
Deliveroo is a London-based food delivery company founded in 2013...
September 24th, 2018The two largest ride hailing services in India that are Ola and Uber, are witnessing a sharp slowdown in the growth of rides over the past year. This is the result of their steer toward operational efficiencies, cut customer discounts and driver incentives, and expand into newer verticals such as food delivery. Though the absolute number...
September 18th, 2018The homegrown cab aggregator Ola has been on an expansion spree lately and is expanding itself in various international regions including UK and Australia. Soon after this, the company announced its plans to enter the New Zealand market starting with Auckland, Christchurch and Wellington.
However, the date of launch has not been...
September 18th, 2018India's leading taxi aggregator Ola raises $50 million from Hong Kong-based Sailing Capital and the China-Eurasian Economic Cooperation Fund (CEECF).
The SoftBank-backed company looking to battle against Uber in markets like India, the UK, and others.
The latest funding round will make Ola's valuation around USD 3.7 billion and...
