Uber to buy Mideast rival Careem: report
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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Page 7 - News tagged with uber
Hyundai invests $300 mn to help India's Ola battle Uber
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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Cities rethink parking as ride-hailing grows and parking revenue declines
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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Investors could pump $1 bn into Uber self-driving cars: report
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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$20 million settlement reached in Uber driver lawsuit
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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Uber settles Dutch probe for 2.3 mn euros
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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Lyft reveals big growth but no profits as it readies for IPO
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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Lyft set for March market debut: report
Lyft is preparing to list its shares on the Nasdaq exchange as early as next month, jumping ahead of ride-hailing rival Uber, the Wall Street Journal reported Wednesday.
Business
Feb 21, 2019
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Uber, Cabify stop services in Barcelona due to tighter laws
Ride-hailing companies Uber and Cabify said Thursday that they would stop operating in Barcelona after the regional government passed tighter regulations to appease taxi drivers.
Business
Jan 31, 2019
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France fines Uber 400,000 euros over huge data breach
France's data protection agency said Thursday that it had fined the US ride-hailing group Uber 400,000 euros ($460,000) over a 2016 data breach that exposed the personal data of some 57 million clients and drivers worldwide.
Business
Dec 20, 2018
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