Taiwan blocks Uber’s $950m Foodpanda acquisition
Taiwan has officially rejected Uber Technologies Inc.’s proposed $950 million acquisition of Delivery Hero SE’s…
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Uber
Dutch watchdog fines Uber €290m for data protection violations
The Dutch Data Protection Authority (DPA) has imposed a €290 million fine on Uber for serious violations of the…
Uber, BYD to deploy 100,000 EVs in major global deal
Uber Technologies Inc. has announced a major partnership with Chinese automaker BYD Co. to integrate 100,000…
Asian shares steady on solid China trade data
Asian stocks stabilised on Thursday after positive Chinese trade data bolstered optimism about the world's…
Top 50 Women Forum mourns Habiba Al-Shamaa’s passing
The Top 50 Women Forum extends its sincere condolences and sympathy to the family and friends of Habiba Al-Shamaa,…
Uber profits soar, buyback expected
Uber announced on Wednesday its first full year of profits, reporting earnings that exceeded analysts’…
Uber, KIA sign EV partnership
Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…
Uber lays off 200 of recruitment division staff
Uber has announced on Wednesday it is cutting 200 of its staff in the division staff, in line with its plans to…
Uber to launch UK flight ticket bookings
Uber Technologies Inc has launched international and domestic flight bookings on its app in the UK, according to…
Uber, Lyft shares rise after reversing Proposition 22
In a new episode of the ongoing battle with regulators over workers benefits, a California court ruling announced…
Careem to end operations in Qatar
Uber’s Middle Eastern business, Careem, will stop operations in Qatar starting from Tuesday, the company said in a…
Uber names new regional general manager for Mideast, Africa
Uber, that located in Dubai, has chosen Frans Hiemstra for being the regional general manager for the Middle East…
Rid-hailing Careem, Uber raise fares after fuel hikes
Ride-sharing firms Uber and Careem announced on Tuesday an increase trip rates as of May 11, in response to the…
Uber launches delivery tech solution in Egypt for first time in MENA
Uber has launched new product - which is named Connect - in Egypt for the first time in the Middle East. It is a…
Uber offers coronavirus contact tracing help amid chaotic U.S. response – officials
Uber Technologies quietly launched a service to give public health officials quick access to data on drivers and…
Egypt first country to receive Uber’s intercity bus service in
Uber announced the launch of its first ever intercity bus service in Egypt with roundtrip routes between Cairo and…
Uber to buy food-delivery app Postmates in $2.6bn all-stock deal: Bloomberg
Uber Technologies signed an agreement to buy food-delivery app Postmates Inc in a $2.65 billion all-stock deal,…
Uber launches taxi app in Tokyo but ride-sharing still barred
Uber Technologies launched a ride-hailing smartphone application in Tokyo on Friday in partnership with three…
Canada’s Supreme Court rules in favor of Uber driver in gig economy case
Canada’s Supreme Court on Friday ruled in favor of a driver in a gig economy case that paves the way for a class…
Uber exasperated with Grubhub sale process as deal slips away: sources
Uber representatives are confused with Grubhub’s decision to merge with Just Eat Takeaway, citing a higher offer…
Uber offers hourly ride booking option in some U.S. cities
Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at…
Uber customer claims firm won price-fixing case because arbitrator was scared
An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a…
Uber lays off 3,000 more employees as coronavirus push for more cuts
Uber is laying off another 3,000 employees, the Wall Street Journal first reported as coronavirus spurred more…
Uber lays off hundreds in Egypt on coronavirus hit, staff tells Reuters
Uber Technologies Inc has on Wednesday laid off hundreds of office-based staff in Egypt as the firm made wider cuts…
Uber is laying off 3,700 workers globally
Uber is laying off 3,700 employees globally, around 14 percent of its staff, the ride-sharing firm announced in a…
California sues Uber, Lyft over misclassifying drivers as contractors
California and three of its largest cities on Tuesday sued Uber Technologies Inc and Lyft Inc, accusing them of…
Careem to slash workforce by 31%, suspends Careem Bus
Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its…
Uber Eats exits Egypt, Saudi Arabia, six more countries
Uber announced on Monday that Uber Eats will exit from eight markets, including Egypt and Saudi Arabia.
Uber to face lawsuit claiming its illegal predatory pricing, drove out rival Sidecar
Uber Technologies was ordered by a U.S. judge on Friday to face a lawsuit claiming its illegal predatory pricing…
Uber launches appeal to regain London taxi license after suspension
Uber has launched an appeal against Transport for London’s (TfL) decision to refuse to renew its operating licence…
India’s Ola – Uber rival – to launch in London ‘in the coming weeks’
Indian ride-sharing company Ola said on Wednesday it has started registering drivers in London as it intends to…
Uber stripped of its London licence for putting passengers at risk
Uber on Monday was stripped of its licence to operate in London by the city’s transport regulator, which cited a…
Uber says customers paid over $6 billion in cash last year
Uber Technologies Inc. tends to say its “leading technology” “sets the world in motion,” yet in some areas of the…
U.S. Uber Freight launches in Germany, faces local competition
U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a…
Uber’s first employee Ryan Graves leaves the company
Uber said in a Friday filing that Ryan Graves, its first employee, is leaving the company’s board, effective…
New York’s ride-hailing drivers to strike ahead of Uber IPO
Uber Technologies Inc’s drivers in New York will go on strike next week shortly before the ride-hailing company…
PayPal to invest $500 million in Uber: report
PayPal will invest $500 million in Uber as the ride-hailing giant moved for its initial public offering (IPO) on…
Analysts not know what to make of Uber’s $100bn IPO valuation
After getting a first look at Uber’s financials on Thursday, analysts are divided when it comes to Uber’s expected…
Uber seeks to sell $10bn in IPO: sources
Uber Technologies has decided it plans to sell around $10 billion worth of stock in its initial public offering…
Uber, ahead of IPO, expects long time before self-driving cars dominate road
U.S. ride-hailing service Uber expects it will be a long time before one of its biggest investments, self-driving…