Featured Uber, KIA sign EV partnership Sama Mousa Jan 11, 2024 0 Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…
Tech news Uber to launch UK flight ticket bookings Sama Mousa May 11, 2023 0 Uber Technologies Inc has launched international and domestic flight bookings on its app in the UK, according to…
Tech news UAE’s e& to acquire $400mln majority stake in Careem Super App Nada Ali Apr 10, 2023 0 UAE’s e& has announced the signing of a binding agreement to acquire 50.3 percent stake in a super app managed…
Money Careem to end operations in Qatar Yassmine Elbehnaihy Feb 28, 2023 0 Uber’s Middle Eastern business, Careem, will stop operations in Qatar starting from Tuesday, the company said in a…
Tech/AI Uber says customers paid over $6 billion in cash last year Amwal Al Ghad English Aug 17, 2019 0 Uber Technologies Inc. tends to say its “leading technology” “sets the world in motion,” yet in some areas of the…
Tech news Uber CEO heads to Brazil amid new legislative threat Yomna Yasser Oct 28, 2017 0 The chief executive of Uber Technologies Inc, Dara Khosrowshahi, will visit its operations in Brazil next week,…
Tech news Uber’s open COO job in the spotlight amid leadership void Yomna Yasser Jun 15, 2017 0 With Chief Executive Travis Kalanick taking a leave of absence from Uber Technologies Inc, the vacant job of…
Tech news Uber removes self-driving cars from San Francisco roads Ghada Ismail Dec 22, 2016 0 Uber Technologies Inc has removed its self-driving cars from San Francisco streets, halting the autonomous…
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 Uber Mideast rival Careem said near to $300 mn funding Ghada Ismail Nov 24, 2016 0 Careem Networks FZ, which competes with Uber Technologies Inc. in the Middle East, is close to raising about $300…
Tech news Uber partners with GM’s Maven car-sharing programme Ghada Ismail Nov 2, 2016 0 Uber Technologies Inc said Tuesday it would partner with car-sharing service Maven, operated by General Motors, to…
Tech news Grab raises $750 million to take on Uber in Southeast Asia Noha Gad Sep 20, 2016 0 Grab, the biggest rival to ride-sharing service Uber Technologies Inc in Southeast Asia, has raised $750 million in…
Tech news China’s government clamps down on Uber, DreamWorks probes Ghada Ismail Sep 3, 2016 0 The Chinese government said on Friday it was investigating two high-profile takeover proposals involving U.S.…
Tech news Uber hires senior Target executive to lead global operations Ghada Ismail Aug 31, 2016 0 Uber Technologies Inc has plucked a top executive from U.S. retailer Target to help lead the growing ride-services…
Tech news Google expands nascent ride-sharing service Ghada Ismail Aug 31, 2016 0 Alphabet Inc's Google unit plans to open its ride-sharing program to Waze app users in San Francisco this fall,…
Tech news Alphabet executive resigns from Uber board amid growing competition Ghada Ismail Aug 30, 2016 0 Alphabet executive David Drummond, who has been a director on the Uber Technologies Inc board for close to three…
Tech news Economists see ride-hailing industry as ripe for competition Ghada Ismail Aug 27, 2016 0 Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move…
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 Uber won’t pay more than $2 billion for Lyft Ghada Ismail Aug 21, 2016 0 As Lyft Inc. was gauging interest from prospective acquirers, executives from Uber Technologies Inc. told investors…
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 issues regulations for online ride-hailing services Noha Gad Jul 28, 2016 0 China has issued the final version of a policy to regulate booming online-ride hailing services, according to a…
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 U.S. tech firms urge presidential candidates to bolster trade, high-tech visas Ghada Ismail May 5, 2016 0 Thirteen U.S. industry groups representing technology companies Amazon.com Inc, Uber Technologies Inc, Apple Inc,…
Tech news Uber provides U.S. agencies with data on more than 12 million users Ghada Ismail Apr 13, 2016 0 Uber Technologies Inc on Tuesday released its first ever transparency report detailing the information…
Tech news Uber profits elsewhere bolster ‘sustainable’ spending in China: CEO Ghada Ismail Mar 26, 2016 0 Ride hailing app company Uber Technologies Inc is generating more than $1 billion in profit a year in its top 30…
Tech news Uber must face Lawsuit claiming Bias against Blind Riders Noha Gad Apr 21, 2015 0 Uber Technologies Inc must defend against a lawsuit accusing the popular ride-sharing service of discriminating…
Tech news Uber Protests Poised to Block Roads From London to Madrid Salma Ayman Jun 11, 2014 0 Uber Technologies Inc., the car-sharing service that’s rankling cabbies across the U.S., is facing its biggest…