June 4th, 2018A new tussle between Karnataka government and major cab aggregators Ola and Uber have come into play, where the state government has issued a notice to the ride-hailing companies for violating against rules for charging the time-based fare.
As per new traffic rules stated under Rule 11(a) of the Karnataka On-demand Transportation...
June 4th, 2018Uber is "finished" in Turkey said Turkey President Recep Tayyip Erdogan following intense pressure from Istanbul based taxi union to banned Uber.
The Istanbul based yellow taxi union is saying the ride-hailing app Uber is eating their business without having a proper legal basis for work.
The Turkey government agreed on new rules...
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...
May 23rd, 2018Rapido, the Bangalore-based bike taxi startup, is in the final phase of finalizing an A&M deal with Hyderabad-based Vave Infosolutions India Pvt. Ltd, owner of motorcycle-sharing startup Getbike, according to a report from VCCircle.
The deal will allow the bike taxi company, which is run by Roppen Transportation Services Pvt. Ltd,...
May 18th, 2018Ola and Uber, the two cab-hailing giant companies are facing tough times as their Rajasthani taxi drivers are conducting a hunger strike from today due to disagreements against the rates of commission charged by their companies that they deem too high.
The drivers also conducted a strike last month that lasted nine days and ended only...
May 18th, 2018Jeff Holden, Uber’s chief product officer decided to quit the American cab-hailing company to pursue another opportunity, the company confirmed to Recode. Holden joined Uber’s headquarters in 2014 coming from Groupon.
The timing of his departure seems very inappropriate since he was leading the firm’s flying car initiative,...
May 14th, 2018Didi Chuxing, Chinese largest cab riding company has been given the go-ahead to test autonomous driving cars in California on May 10 according to the California Department of Motor Vehicles' website.
The move has come in the wake of US rival Uber being given a suspension for its driverless car programme across North America after a...
May 12th, 2018China's Largest Ride Aggregator Service, Didi Chuxing has reported to halt one of its domestic services for over a week following a death of female passenger that sparked questions on safety this Friday.
The killing of a 21-year-old flight attendant in the central province of Henan last week diverted attention leading to an intense...
May 10th, 2018Cab Riding Major, Uber Technologies Inc has reopened a contest aimed at selecting the first international city to launch its proposed flying taxi project post apparent delays in getting the service off the ground in Dubai, a previously proposed market.
Dubbed as UberAir, the service proposes to launch denominator flights starting 2020...
May 8th, 2018Egypt's parliament has passed a law on Monday regulating ride-sharing apps Uber and Careem, potentially ending a lawsuit that could shut them down in their world's biggest market, however, imposing new charges and knowledge to share necessities.
Legalising well known and prominent ride-sharing services became urgent in March when an...
April 19th, 2018San Fransisco based cab hailing company Uber said on Wednesday that it would be doubling up investment in India to take on the arch contender Ola.
Uber's maiden COO Barney Hardford said that India has such a huge potential that the company would not settle for minority stake deals here.The world's most valued startup comments have...
