Tags: Uber

Australian Taxi Drivers Secure $272 Million from Uber in Historic World-First Settlement of Class Action Case

Uber settles a landmark $272 million class action lawsuit with Australian taxi operators after a five-year legal battle.


Uber Unveils First-Ever $7 Billion Share Buyback After Strong Recovery in Ride-Share Revenue

Uber Technologies has announced its plan to repurchase up to $7 billion worth of company shares. Uber Technologies announced on Wednesday its plan to repurchase up to $7 billion worth of company shares.

Uber, Lyft, DoorDash Drivers to Hold Nationwide Strike on Valentine's Day to Demand Better Pay

Thousands of Uber, Lyft, and DoorDash drivers are gearing up for a nationwide strike on Valentine's Day to demand fair pay.

Uber Shares Jump After the Ride-Hailing Company Picked to Join the S&P 500 Index

Uber shares popped Monday after it was announced that the ride-hailing company has been selected to join the S&P 500 Index.


Latest News

Uber is known for accurately delivering people from point A to point B with less of a hassle. Now, the app has upgraded and is now aiming to make itself an essential part of the users’ kind of living.
Uber revealed that it has received too much data request from US law enforcement agencies and regulators. The company has provided information on its riders and drivers for most requests after reviewing its legal framework.
Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.
Chariot for Women is a ride-hailing service where both drivers and passengers are women. The startup is behind Michael Pelletz's idea whose concern is for the safety of female drivers and passengers. The service will be launced in Boston on April 19.
Ride-hailing app Grab is partnering with Indonesian conglomerate Lippo Group. Under the deal, Grab will provide its service to deliver products from the conglomerate’s e-commerce. The deal emerged when ride-hailing services in Indonesia are facing challenges in terms of regulations.
Pittsburgh’s culinary sector is growing fast as the city host more and more projects in the past few years. Cheap rent is believed to have drawn a lot of people, especially youth, to pursue their project in the city.
China will try to draw up rules to regulate ride hailing service as the market has grown very big. Meanwhile Indonesia transportation minister plan to ban Uber and GrabTaxi.
App-based ride-hailing service Lyft announced its new initiative with GM, a car rental program called Express Drive. Aiming to grow its base of drivers, the new program will allow drivers to apply without owning a qualifying car but renting in instead.
Uber Breathalysers or also known as 'Alco Booth' are being installed in Mumbai pubs and clubs. This is a move from the Mumbai police and Uber to lessen the crime and accident rate due to drunk driving. If the drinker reached the allowable limit, Uber will book him a ride home.
An official filing revealed that Uber is facing huge loss in its international operation, as the company spent big on global expansion. The main factors of the loss are regulatory obstacles and local rivalry.
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