Ride-hailing giants Uber and Lyft have redefined what we expect from transportation, hooking customers on the immediacy of on-demand rides with a few clicks on a smartphone.
Business
Mar 28, 2019
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3
Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large, young, tech-savvy population.
Business
Mar 26, 2019
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6
Uber is set to buy its Middle Eastern rival Careem for $3.1 billion, financial news agency Bloomberg reported Sunday.
Business
Mar 25, 2019
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8
Indian taxi-hailing company Ola has secured a $300-million investment from South Korean car giant Hyundai, the firms said Tuesday, providing a major boost in its fight against US giant Uber.
Business
Mar 19, 2019
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6
As Lyft and Uber race toward IPOs this spring, Americans are relying on the ride-hailing services more than ever, and as a result, city parking garages and airport parking lots are a bit emptier. A new study published in ...
Other
Mar 14, 2019
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A group of investors including SoftBank Group is in talks to invest $1 billion or more into Uber's self-driving car unit, The Wall Street Journal reported on Wednesday.
Automotive
Mar 14, 2019
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5
Uber has agreed to pay $20 million to settle a lawsuit accusing the ride-share service of classifying drivers as contractors to avoid paying them minimum wage and providing benefits.
Business
Mar 13, 2019
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5
US ride-hailing giant Uber is to pay more than 2.3 million euros to settle a Dutch criminal probe into the breach of local taxi laws, prosecutors said Friday.
Business
Mar 8, 2019
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8
Uber, the ridesharing behemoth set to launch a stock offering soon, is aiming beyond sharing car rides to becoming the "Amazon of transportation" in a future where people share instead of owning vehicles.
Business
Mar 3, 2019
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263
Lyft revealed that it is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal filing.
Business
Mar 1, 2019
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5
