Uber

Uber-SoftBank deal has closed, making SoftBank largest shareholder

SAN FRANCISCO (Reuters) – A group of investors led by SoftBank Group Corp (9984.T) closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

Uber just added public transportation to its app

Uber customers who live in Denver may notice something strange when they open the company’s app today: a tiny train car with the word “transit” next to it, sitting atop the list of usual ride-hailing options.

In brief: Uber launches speedboat services in Mumbai

After entering into the food-delivery business through UberEats, the global taxi aggregator has announced that it will also provide boat services around Mumbai, in partnership with the Maharashtra Maritime Board.

Stressed out and at risk: Inside Uber’s special investigations unit

The internal investigators tasked with keeping Uber safe were overworked, underpaid and at times emotionally traumatized as they struggled under the burden of nearly 1,200 cases every week, a confidential internal memo obtained by CNN says.

The Cab Ride That Nearly Killed Me Changed How I Think About Ride-Hailing Apps

It looked like a clear win for the hometown company. Founded in a Kuala Lumpur storage room as a taxi-booking app, Grab had moved its headquarters to Singapore and survived Uber’s relentless price wars in the region.

Upgrade us to deal with Uber war and bad image: taxi industry to Hong Kong government on premium franchise trials

Hong Kong’s taxi industry has made a desperate appeal to the government for an operations upgrade as competition from a proposed premium taxi scheme looms, on top of a bitter rivalry with ride-hailing service Uber.

In brief: Indonesia to implement minimum ride-hailing rates, limit promos

Indonesia is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Go-Jek receive, two government officials said this week, creating potential obstacles for the companies’ expansion.

Uber confidentially files for IPO a day after Lyft

(Reuters) — Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.

Uber’s Self-Driving Cars Are Set to Return in a Downsized Test

SAN FRANCISCO — Eight months after one of Uber’s self-driving cars struck and killed a pedestrian, the ride-hailing company is close to putting its autonomous vehicles back on the road in a drastically reduced version of earlier efforts.

New York Adopts Nation’s First Pay Floor for Uber, Lyft, and Other Rideshare Drivers

Today, New York’s City’s Taxi and Limousine Commission approved measures to enact minimum pay requirements for app-based for-hire vehicles (FHV) like Uber, Lyft, and Juno. The new pay structure is set to take effect early in the new year. The $26.

Uber Exploring Deal to Buy Bird or Lime

Uber has held talks recently with electric scooter rental startup Bird to acquire the company in what could be a multibillion-dollar deal, said several people briefed on the discussions.

Uber Is Reworking Its Playbook for World Domination

Sitting in his glass-walled office in Berlin with an open suit jacket, casually tieless, Christoph Weigler looks every bit the part of a Silicon Valley startup executive. But the Uber general manager for Germany isn’t talking about dominance or disruption.

Meet Uber’s newly promoted chief product officer, Manik Gupta

Manik Gupta got his first taste of solving logistics nightmares when, fresh out of college, he was delivering Palm Pilots around Singapore. He’d started a precursor to Groupon called BuyItTogether. “We were a full-stack marketplace where we were also delivering the goods.

Uber continues to lose money as it scales scooters, bikes and other newer businesses

Uber, which is expected to go public sometime next year, just released its Q3 2018 financial results. Uber’s net losses increased 32 percent quarter over quarter to $939 million on a pro forma basis, though Uber expected these losses as it continues to invest in future growth areas.

What Happens When Gig-Economy Workers Become Employees

Ever since the emergence of companies like Uber and Lyft, businesses and labor advocates have engaged in an endless, largely theoretical debate about whether classifying workers as independent contractors—responsible for setting their own hours and paying for their own insurance, mileage, and

Uber香港區總經理佘雋知離職

Uber發言人證實，香港區總經理佘雋知於上周五已離職。（資料圖片） Uber在港經營一直未合法化，任職4年的Uber香港區總經理佘雋知卻於上周五離職。Uber發言人指出，佘雋知基於其他發展機會辭任，香港業務暫由亞太區總經

Lyft Is Said to Hire Adviser to Prepare for Targeted 2019 IPO

Lyft Inc., the second-biggest U.S. ride-hailing company, has started the process for an initial public offering in an effort to beat Uber Technologies Inc. to the public markets, people familiar with the matter said.

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