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…
Featured Uber lays off hundreds in Egypt on coronavirus hit, staff tells Reuters Amwal Al Ghad English May 7, 2020 0 Uber Technologies Inc has on Wednesday laid off hundreds of office-based staff in Egypt as the firm made wider cuts…
Tech/AI Uber acquires competitor Careem in $3.1 billion deal dominating ride-hailing in Middle… aya salah Mar 26, 2019 0 Global ride-hailing firm Uber Technologies Inc is set to spend $3.1 billion to acquire Middle East rival Careem,…
Tech news Dubai’s Careem to test bus service in Egypt Amwal Al Ghad English Aug 14, 2018 0 Careem Networks, the Middle Eastern ride-hailing provider, is testing a bus-booking service ahead of a possible…
Tech news Careem reportedly plans to spend $150 mln to launch food delivery business Amwal Al Ghad English Jul 9, 2018 0 Middle East ride-hailing app Careem is planning to spend up to $150 million to launch its food delivery business as…
Industry & Trade Toyota to invest $1bn in Southeast Asian ride-hailing firm Grab Amwal Al Ghad English Jun 13, 2018 0 Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in…
Tech news Study finds Uber’s growth slows after year of scandal; Lyft benefits nada nasser May 15, 2018 0 Uber Technologies Inc’s growth has slowed as a series of scandals has allowed the ride-hailing company’s chief U.S.…
Tech news Uber paid hackers to keep secret massive data breach aya salah Nov 22, 2017 0 Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal…
Tech news SoftBank says considering investment in Uber but no final agreement reached Yomna Yasser Nov 14, 2017 0 Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc, but there was no…
Tech news Uber’s Kalanick reignites power struggle, names two to board Yomna Yasser Oct 1, 2017 0 Uber Technologies co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move…
Tech news Uber to end post-trip tracking of riders as part of privacy push Yomna Yasser Aug 29, 2017 0 Uber Technologies Inc is pulling a heavily criticized feature from its app that allowed it to track riders for up…
Tech news Uber picks Expedia’s Dara Khosrowshahi as new CEO: sources Yomna Yasser Aug 28, 2017 0 Uber Technologies Inc chose Dara Khosrowshahi, the chief executive of travel company Expedia Inc, as its chief…
Tech news Uber Technologies ups Q2 bookings by 16% Yomna Yasser Aug 24, 2017 0 Uber Technologies Inc reported Wednesday a 16 percent increase in quarterly bookings and a smaller loss than the…
Tech news UAE ride-hailing firm Careem acquires stake in Egyptian transport start-up Yomna Yasser Jul 18, 2017 0 Ride-hailing firm Careem, a Middle Eastern rival to Uber Technologies Inc, has bought a minority stake in a…
Tech news Uber’s finance head leaves, company’s quarterly loss narrows Yomna Yasser Jun 1, 2017 0 Uber Technologies Inc said its head of finance is leaving, and the privately held ride-hailing company also said…
Tech news Ride-hailing firm Uber partners Indonesian taxi operator Express Ghada Ismail Dec 19, 2016 0 Uber Technologies and Indonesia's second-biggest taxi operator PT Express Transindo Utama Tbk announced on Monday a…
Tech news Taiwan asks Uber to pay bill in sales tax stand-off Ghada Ismail Aug 20, 2016 0 Taiwan has asked Uber Technologies to pay a sales tax bill estimated by local media to be up to about $6.4 million,…