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Uber Lite app launched in India; All details here
Tue, Jun 12, 2018
If you have a problem booking Uber services due to slow network connectivity or maybe because your smartphone is entry-level one, then the taxi-hailing company has launched a new app specially designed for handsets that have limited storage capacity
Watch: Uber cabs launches #MoveForward motivational video with Virat Kohli
Mon, Jun 11, 2018
Uber launches #MoveForward featuring their new brand ambassador Virat Kohli. Watch what Indian captain said.
Uber issues advisory; this is what passengers must do
Thu, Jun 07, 2018
Passengers using mobile aggregators should not only look for the vehicle number but also the face of the driver coming to pick up for the ride. If one finds that the driver shown on the app is different than that sitting behind the wheel then a complaint can be lodged.
When Warren Buffett wanted a piece of this famous cab aggregator
Fri, Jun 01, 2018
Warren Buffett told CNBC that "some of the reported details are not correct" but confirmed that Berkshire did have talks with Uber.
Fri, Jun 01, 2018
How to get a loan? Now, go to Flipkart, Amazon, Uber, Ola
Tue, May 29, 2018
The finance ministry has joined hands with over two dozen e-commerce firms, including major players like Amazon, Flipkart, Ola and Uber, to provide easy finance to small entrepreneurs under the Pradhan Mantri Mudra Yojana (PMMY), a top government official said.
Uber to reinvest profits back into tech, emerging markets like India: CEO
Thu, May 24, 2018
Uber's net revenue grew 67 per cent to USD 2.5 billion, while it cut losses to half compared to a year ago, he said. "We are deliberately reinvesting our profits. Even with these impressive results, we're not going to let up on the gas. We expect to reinvest our profits back into our products and tech, emerging markets like the Middle East and India, as well as big bets like scaling Eats and JUMP globally," Khosrowshahi added.
Finmin ties up with e-commerce firms to give loans under PMMY
Wed, May 23, 2018
The three way partnership between lenders, industry and the government aims to facilitate small business loans.
India's Ola in 3 more Australian cities
Tue, May 22, 2018
Indian ride-sharing major Ola on Tuesday expanded its services in Australia to three more cities -- Brisbane, Gold Coast and Canberra. "Customers in these cities can book discounted rides using Ola app starting Tuesday," the city-based online cab aggregator said in a statement here.
Urban air mobility: Uber signs new pact with NASA on ''flying car''
Wed, May 09, 2018
NASA will use the latest in airspace management computer modeling and simulation to assess the impacts of small aircraft - from delivery drones to passenger aircraft with vertical take-off and landing capability - in crowded environments. This is NASA`s first such agreement specifically focused on modeling and simulation for the UAM operations.
Walmart's online grocery delivery partnerships with Uber, Lyft fail to take off
Tue, May 08, 2018
he end of the Walmart partnerships, which has not been previously reported and was confirmed by Walmart and Uber, undercuts a vision the ride-hailing companies laid out: a service that can efficiently deliver anything on-demand, including people and cargo, at the touch of a smartphone app. "It is incredibly hard to deliver people and packages together," said a source with a delivery company that works with Walmart and has direct knowledge of the matter. "They are two completely different business models."
Facebook 2nd most trusted internet brand in India; you won't believe who is not in top 10
Thu, Apr 26, 2018
TRA Brand Trust Report 2018 has just been released and it has some interesting findings for India's preference towards internet brands. The survey was carried out during November 2017-January 2018 and did not take into account the recent reports of data breach and privacy involving Facebook.
India ride-hailing firm Jugnoo eyes Singapore as Uber drives off
Wed, Apr 25, 2018
Uber`s app will continue to operate in Singapore until May 7, although the U.S. company has shut down in the rest of Southeast Asia after selling its regional operations to local competitor Grab. Jugnoo and other ride-hailing companies are looking to fill the gap left by Uber, which analysts say may help ease regulatory concerns about the sale to Grab
Uber to Airbnb, with consumers as prime focus, how digital brands come up with quick solutions
Wed, Apr 25, 2018
The advent of digital age has spawned huge choices for consumers, with many brands such as Uber, Airbnb earning trust of consumers in short time against the grind brick and mortar brands have to put. The question here: what makes these digital brands so successful? The answer is in the way they treat the consumers.
Quotable quotes: Uber success is hard-coded to India's success, says this honcho
Thu, Apr 19, 2018
On an average, commuters in Delhi, Bengaluru and Mumbai are taking 1.5 times longer to travel a given distance. The study also explains how ride-sharing would reduce private cars by 33-68%. Over 79% of the people who plan on buying a new car in the next five years would refrain from doing so if ride-sharing matches car ownership for affordability and convenience.
On merger with Ola, Uber CEO says believe in controlling our destiny in India
Sun, Apr 01, 2018
Uber chief executive Dara Khosrowshahi emphasised that this expansion will require investment, "but as you mature, you also want to combine that investment with eventual profitability". "We think we're on a good road there, we just don't have a specific timeline in mind (for hitting profits). If anything, we're leaning forward in India," he said, adding that the company is confident about its competitive position in India.
Uber-Grab deal infringes competition? See what this watchdog said
Fri, Mar 30, 2018
Under the deal, Uber will take a 27.5 percent stake in Grab, which is valued at around $6 billion, and Uber CEO Dara Khosrowshahi will join the Singapore-based company`s board. CCS proposals, effective immediately, also require both Grab and Uber not to obtain from each other any confidential information including pricing, customers and drivers.
Uber CEO: Will invest whatever we have for success in India
Wed, Mar 28, 2018
Uber Eats chief executive Dara Khosrowshahi said India is already among the top three markets (besides the US and Latin America), accounting for 10 per cent of its trips globally. Profitability in the Indian market, however, is still some time away for Uber, one of the world's most valued startups. He added that India is one of Uber's healthiest markets in terms of growth rates of number of active drivers and weekly trips
Arizona governor suspends Uber's ability to test self-driving
Tue, Mar 27, 2018
The decision to block Uber Technologies Inc`s is a blow to the ride-hailing company, which sees its future success reliant on driverless vehicles, and trails competitors such as Alphabet Inc`s Waymo in developing the technology. Arizona had been a key hub for Uber, with about half of the company`s 200 self-driving cars and a staff of hundreds
Uber to sell Southeast Asia business to rival Grab: Sources
Mon, Mar 26, 2018
Uber, which is preparing for a potential initial public offering in 2019, lost $4.5 billion last year and is facing fierce competition at home and in Asia, as well as a regulatory crackdown in Europe.