Tech news Uber Egypt, HarassMap team up to raise awareness about sexual harassment Yomna Yasser Nov 8, 2017 0 U.S.-based ride-hailing company Uber announced on Tuesday that it is implementing a set of measures to raise…
Tech news Uber Board Considers 3 Investment Offers to Buy Company’s Shares Yomna Yasser Aug 14, 2017 0 Uber's board has voted to move forward on proposals by two investment groups to buy shares in the ride-hailing…
Tech news China’s Uber rival Didi making a move in Middle East and North Africa nada nasser Aug 8, 2017 0 Chinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and North…
Tech news Uber incurred more than $800 million in third quarter 2016 Ghada Ismail Dec 20, 2016 0 Privately held ride-hailing company Uber Technologies Inc lost more than $800 million in the third quarter,…
Tech news Careem app says closes first part of $500 mln funding round Ghada Ismail Dec 19, 2016 0 Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including…
Tech news BMW seeks to be ‘coolest’ ride-hailing firm with autonomous car Ghada Ismail Dec 5, 2016 0 BMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing firms like Uber…
Tech news Didi Chuxing invests ‘tens of millions’ in Chinese bike-sharing platform Noha Gad Sep 26, 2016 0 Chinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the…
Tech news Uber rival Grab partners with driverless car firm in Singapore Ghada Ismail Sep 24, 2016 0 Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up…
Tech news Renault, Nissan buy French tech firm to develop mobility apps Noha Gad Sep 20, 2016 0 Renault SA and Nissan Motor Co announced on Tuesday they would buy French software development company Sylpheo as…
Tech news Uber, Careem suspend services in UAE capital Noha Gad Aug 29, 2016 0 Ride-hailing companies Uber and Careem have suspended services in Abu Dhabi, the capital of the United Arab…
Tech news Uber lost at least $1.27 billion in H1-2016 Ghada Ismail Aug 25, 2016 0 Ride-hailing giant Uber Technologies Inc lost at least $1.27 billion before interest, taxes, depreciation and…
Tech news Self-driving taxis hit the streets of Singapore Ghada Ismail Aug 25, 2016 0 Self-driving cars and taxis are the buzz of the industry. Everyone seems to be doing it, trying grab headlines with…
Tech news Citigroup plans tie-up with Singapore ride-hailing app Grab Noha Gad Aug 23, 2016 0 Citigroup is working on a partnership with Grab, the Singapore-based ride-hailing app that has become one of…
Tech news Lyft rebuffs acquisition interest from GM Ghada Ismail Aug 13, 2016 0 Ride hailing company Lyft rebuffed acquisition interest from General Motors Co and will raise a new funding round…
Tech news Taiwan may kick out Uber for operating ‘illegal’ services Ghada Ismail Aug 3, 2016 0 Taiwan's Investment Commission said on Wednesday it is set to order Uber Technologies Inc to exit the domestic…
Tech news China regulator says Didi, Uber deal will need Mofcom approval Ghada Ismail Aug 2, 2016 0 A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of U.S. rival Uber could face its first…
Tech news Uber to invest $500 million in global mapping project Ghada Ismail Aug 1, 2016 0 Ride-hailing service Uber has decided to invest $500 million into an ambitious global mapping project to wean…
Tech news Didi to merge with Uber China operations for $35 billion Ghada Ismail Aug 1, 2016 0 China's dominant ride-hailing firm Didi Chuxing will merge with Uber's business in China in a $35 billion deal that…
Tech news Daimler’s MyTaxi to merge with Hailo to take on Uber Ghada Ismail Jul 26, 2016 0 Daimler will deepen its European footprint in the ride-hailing business when its MyTaxi smartphone app unveils an…
Tech news Uber to put off operations in Hungary due to govt legislation Ghada Ismail Jul 13, 2016 0 Ride-hailing service Uber will suspend its operations in Hungary due to government legislation that makes it…
Tech news Uber raises $1.15 billion leveraged loan Ghada Ismail Jul 9, 2016 0 Uber Technologies Inc. has secured a $1.15 billion leveraged loan, a person familiar with the matter said on…
Tech news Uber to pay $7.5 million to settle driver lawsuit Ghada Ismail Jun 16, 2016 0 Uber has agreed to pay $7.5 million to settle a lawsuit brought by drivers over background checks conducted by the…
Tech news VW is after profiting from ride-hailing apps, mobility services Ghada Ismail Jun 2, 2016 0 Volkswagen is looking at on-demand mobility services such as smartphone ride hailing to earn a "notable share" of…
Tech news China’s largest taxi on-demand firm Didi plans U.S. IPO in 2018 Ghada Ismail May 16, 2016 0 Ride-hailing service Didi Chuxing, Uber Technologies Inc's main rival in China, is working towards an initial…
Tech news Uber to launch UberX service in Berlin: Welt am Sonntag Ghada Ismail May 8, 2016 0 Ride-hailing service Uber aims to launch its UberX service, which uses licensed professional drivers, in the German…
Tech news Uber attempting to buy self-driving cars: source Ghada Ismail Mar 19, 2016 0 Ride-hailing service Uber has sounded out car companies about placing a large order for self-driving cars, an auto…