Uber generated more revenue in 2015 than in the previous year. However, the company experience more losses in order to pursue growth.
Travis Kalanick
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Last Friday, Uber Technologies have revealed plans of raising $1 billion from a new pool of investors which will make it the most powerful, and most valuable, privately-owned, start-up in the whole world.
Cabbie protesters interrupted Stephen Colbert's The Late Show interview with Uber CEO Travis Kalanick. The episode was cut short on Thursday. Drivers are accusing Kalanick of destroying their profession.
Uber, a ride solutions provider, is aggressively pushing for more drivers on the road that it had struck a deal with car manufacturers and auto finance firms to provide Uber drivers which better rates to own a vehicle.
It was reported that Google planned to invest in Uber funding round.
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