Ubers

The ongoing funding winter for Indian startups looks unlikely to end anytime soon with new-age companies scooping up only $174 million, across 20 rounds, last week, according to data provided by market intelligence firm Tracxn. Funding…

Uber has placed its longtime head of diversity, equity and inclusion on leave after workers complained that an employee event she moderated, titled "Don't Call Me Karen," was insensitive to people of color.Dara Khosrowshahi, Uber's CEO, and…

Uber has placed its longtime head of diversity, equity and inclusion on leave after workers complained that an employee event she moderated, titled “Don’t Call Me Karen,” was insensitive to people of color.Dara Khosrowshahi, Uber’s chief…

The NewsUber said on Tuesday that its revenue grew 29 percent in its most recent quarter as the company benefited from a series of investments in new services, as well as the continued return of drivers to its ride-hailing business.The…

Russian tech giant Yandex said on Friday it had bought Uber's stake in their joint taxi venture for $702.5 million, becoming the sole owner of the Yandex Taxi business and bringing Uber's involvement in Russia to a close. "As a result of…

A super app managed by Uber Technologies' Middle East subsidiary Careem has offloaded a 50.3% stake to Emirates Telecommunications Group Company for $400 million, e& said in a filing on Monday. The super app will be managed by Careem…

Uber is splitting its annual product event into two separate gatherings in order to place more emphasis on its efforts to go carbon neutral. The first event, entitled Go/Get, will be held May 17th in New York City and will focus on “family…

Lime is hoping to go public once the macroeconomic environment becomes more favourable, CEO Wayne Ting said as per a TechCrunch report. The US-based shared micromobility firm said it has achieved full-year profitability on both an adjusted…

The Karnataka High Court on Wednesday ordered notice to the state government on writ petitions filed by app-based ride hailing companies against the 5% cap on service charge they can collect from customers on auto rides. Justice CM…

<!-- -->Uber files whistleblower says current business model 'absolutely' unsustainableMark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward…