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Uber rolls out 'Pro' rewards programme for drivers in 12 cities

Uber rolls out 'Pro' rewards programme for drivers in 12 cities

Fri, Nov 24, 2023

Ride-hailing platform Uber on Friday launched 'Uber Pro', a rewards programme inspired by drivers and designed to help them reach their goals both on and off the road, in 12 cities.

Ola, Porter, Uber and Dunzo worst digital platforms for gig workers: Report

Ola, Porter, Uber and Dunzo worst digital platforms for gig workers: Report

Mon, Oct 30, 2023

The report evaluated 12 platforms offering location-based services in sectors such as domestic and personal care, logistics, food delivery and transportation, in the country.

Uber names semiconductor executive Mahendra-Rajah as CFO

Uber names semiconductor executive Mahendra-Rajah as CFO

Thu, Sep 28, 2023

The company saw its second-quarter revenue increase at a smaller-than-expected 14 per cent, compared with a near 29 per cent jump in the first quarter.

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SoftBank offering to buy Uber shares at 30% discount

SoftBank offering to buy Uber shares at 30% discount

Tue, Nov 28, 2017

Japan`s SoftBank Group Corp <9984.T> is offering to purchase shares of Uber Technologies Inc [UBER.UL] at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday.

Uber to disclose price on SoftBank deal early next week: sources

Uber to disclose price on SoftBank deal early next week: sources

Sat, Nov 25, 2017

Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early next week in formal tender offers to the ride-hailing service`s investors, two people familiar with the plans said on Friday.

Uber to partner with Mahindra for electric vehicles in India

Uber to partner with Mahindra for electric vehicles in India

Fri, Nov 24, 2017

Ride-hailing firm Uber Technologies will partner with automaker Mahindra and Mahindra to add electric vehicles on its platform in India, the two companies said in a statement on Friday.

Uber told SoftBank about data breach before telling public

Uber told SoftBank about data breach before telling public

Fri, Nov 24, 2017

Uber Technologies Inc said on Thursday that it discussed a massive data breach with potential investor SoftBank Group Corp ahead of going public with details of the incident on Tuesday.

Uber paid hackers $100,000, concealed data stolen from 57 million accounts

Uber paid hackers $100,000, concealed data stolen from 57 million accounts

Wed, Nov 22, 2017

Uber 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.

SoftBank funding may spur Uber to re-think tough Southeast Asian market

SoftBank funding may spur Uber to re-think tough Southeast Asian market

Tue, Nov 21, 2017

SoftBank Group`s multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say.

Focussed on making UberEATS profitable in India: Uber

Focussed on making UberEATS profitable in India: Uber

Wed, Nov 15, 2017

Cab hailing app Uber today said it is committed to making "serious investments" in its food delivery offering, UberEATS in the Indian market but is also mindful of ensuring profitability of the business.

SoftBank may not invest in Uber if deal not sweet enough

SoftBank may not invest in Uber if deal not sweet enough

Tue, Nov 14, 2017

SofBank has commented on its possible investment in the ride hailing app - Uber.

Uber's South Asia policy chief quits in latest senior departure

Uber's South Asia policy chief quits in latest senior departure

Tue, Nov 14, 2017

Uber`s chief of policy for India and South Asia has quit, two sources familiar with the matter said on Monday, in the latest high-level departure at the online taxi company.

SoftBank investment deal in Uber likely to be finalised next week

SoftBank investment deal in Uber likely to be finalised next week

Tue, Oct 17, 2017

Uber's board voted earlier in October to approve the Japanese tech conglomerate's cash infusion, which would add six more board seats and annul super-voting shares held by former CEO Travis Kalanick among others

Uber, Ola customer booking experience sees a decline in Q2 due to cab supply crunch

Uber, Ola customer booking experience sees a decline in Q2 due to cab supply crunch

Mon, Oct 09, 2017

The cab supply crunch especially during the peak hours seems to be having a direct impact on the customer booking experience of cab players such as Uber and Ola.

Travis Kalanick's move to reignite the power struggle in Uber backfires

Travis Kalanick's move to reignite the power struggle in Uber backfires

Wed, Oct 04, 2017

After ousted CEO and co-founder of Uber Travis Kalanick made a move to appoint two directors on the company's board, it now has decided to reduce his power of control on it.

Uber board gives go ahead to SoftBank deal; trims Travis Kalanick influence

Uber board gives go ahead to SoftBank deal; trims Travis Kalanick influence

Wed, Oct 04, 2017

Uber board's new decision gives SoftBank the go ahead to take a large stake in one of the biggest start-ups in the world and curbs the influence of ousted CEO Travis Kalanick.

Ola Cabs may receive $2 billion in fresh round of funding from SoftBank, Tencent

Ola Cabs may receive $2 billion in fresh round of funding from SoftBank, Tencent

Tue, Oct 03, 2017

Once this round of funding goes through it is expected to help Ola go up against global giant Uber.

Ola, Uber see growing demand for auto-rickshaws as cab supply declines

Ola, Uber see growing demand for auto-rickshaws as cab supply declines

Mon, Oct 02, 2017

The crippling driver strikes at the beginning of 2017 has provided the boost for the auto-rickshaw category to evolve and become a large part.

Travis Kalanick reignites power struggle at Uber after appointing two new directors

Travis Kalanick reignites power struggle at Uber after appointing two new directors

Sat, Sep 30, 2017

Uber investors are divided over whether Kalanick should himself be on the board and whether he can name two other directors.

Uber to defend business model at UK tribunal on worker rights

Uber to defend business model at UK tribunal on worker rights

Wed, Sep 27, 2017

Uber a week ago lost its license to ply on London's streets after citing serious criminal offences and background checks on drivers.

Uber offers to discuss concessions to continue operating in London

Uber offers to discuss concessions to continue operating in London

Sun, Sep 24, 2017

Uber is open to discuss concession with transport authorities to continue operating in London, after it lost its license to ply on its streets.

Driver incentives of Uber, Ola in Q2 plummet as profitability remains key focus

Driver incentives of Uber, Ola in Q2 plummet as profitability remains key focus

Mon, Sep 11, 2017

Driver incentives continued to plummet during the last few quarters as online cab players look for profitability in the country.

Uber chooses Expedia's Dara Khosrowshahi as new CEO

Uber chooses Expedia's Dara Khosrowshahi as new CEO

Sun, Aug 27, 2017

In a surprise move, Uber selected CEO of Expedia Dara Khosrowshahi for the post, sources close to the matter said on Sunday to The Wshington Post.

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