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…