Uber

Uber Recruits Three More Bankers to Join The Tech Company

Three bankers are leaving Goldman Sachs to join Uber tech company. They are the latest of Wall Street bankers departed to Silicon Valley.

Ola Beats Uber In the App Race: Is It Just The $500M Fresh Funding Or There Is Something More To it?

Ola wins the taxi app battle with the $500M funding from the giants though Uber is giving a tough competition in the rat race. The innovative ideas and new ventures are also paving the growth path for the Ola founders.

Uber signs multi-year digital mapping deal with TomTom

Uber has signed a global multi-year deal with Dutch mapping company, TomTom. Uber will use maps and traffic data from TomTom on its navigation for Uber drivers.

Uber Rival GrabTaxi Launches GrabHitch Carpooling Service in Singapore

Uber rival, GrabTaxi launched its new service to allow driver picking up passenger going in the same direction. The service, GrabHitch is launched in Singapore on Wednesday. The service is the first peer-to-peer transport service for GrabTaxi.

Uber Expected To Roll Out A Huge Expansion In China

Uber is planning to expand itself in around China's dozens of cities along with billions of investment in a country all of this happening within a year.

Uber and BMW partners up to launch the new 7 Series

The BMW 7 has teamed up with Uber Technologies Inc for only one day on October 19, to promote the all-new 2016 BMW 7 Series. Uber users in selected cities in the US were able to get complimentary rides in BMW 7, which will be on sale October 24.

Uber-like startup, Yidao Yongche receives $700M of investment

Yidao Yongche announces that the company had received $700 million in investment from LeTV. The investment is putting the company valuation to $1 billion.

Uber JFK Airport flat rate rides slashed off

Numerous people have been huge fans of Uber. but althought they sppeared to be very essential, the removal of the their flat rate rides in JFK airport purportedly makes it a turn down for users.

Uber invested $1 billion for its China operation

Uber announced that the company has increased its investment in China to be closed to $1 billion. The investment is mainly for applying a permit and as a strategy to increase the company's market domination which is currently dominated by Chinese own Didi Kuaidi.

Uber hires 2 hackers to secure its fleet

Uber has recently hired two other technical experts in the person of Chris Valasek and Charlie Miller. Both will be working on Uber's Advanced Technology Center, which will work on vehicle safety and autonomy as well as mapping.

Background checks of Uber drivers not extensive enough - prosecutors

Billion-dollar ridesharing company, Uber, accused of misleading consumers by lax background checks of drivers.

Disruptive Legislation: France re-examines taxi law amid Uber's rise

France is rethinking its taxi law as demand for Uber and other online ride-hailing services grows. This comes after Uber suspended its operations in France earlier this month.

Uber announces cashless payments in India, to accept payments via credit card again

U.S. based taxi hailing service Uber Technologies announced it will accept payments via credit card in India again.

Waze starts carpooling scheme in Tel Aviv; rep says scheme is not in competition with Uber

Mapping provider Waze has started a ridesharing scheme in a suburb of Tel Aviv, which the company says is not in competition with Uber,

China’s top taxi app firm is raising $1.5 billion to battle Uber

In a bid to fight off US-based Uber's expansion plan into Chinese markets, Didi Kuaidi, China's largest taxi app company is raising $1.5 billion. This development come only days after a leaked memo from Uber showed that it is raising $1 billion for its expansion plan.

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