We endured plenty of the drama Uber packed in for every five-hundred twenty-five thousand six hundred minutes of 2017 — and what a year! From protests to a major sexual harassment probe, the ousting of co-founder and CEO Travis Kalanick, the crowning of new CEO Dara Khosrowshahi, the promising hints of that long-awaited IPO and an on-going lawsuit with Google over self-driving cars.… Read More
Category: car sharing
Uber appoints former Orbitz CEO Barney Harford as chief operating officer
The long search is over for Uber’s chief operating officer. Former Orbitz CEO Barney Harford has formally accepted the position today. 1/ Thrilled to be joining @Uber as COO. Looking fwd to working w @dkhos again to help @Uber achieve its full potential https://t.co/gdnXJfFrjS — Barney Harford (@barneyh) December 20, 2017 In early March, former CEO Travis Kalanick disclosed he… Read More
Blow to Uber in Europe as top court rules it’s a transport service
Europe’s top court has provided the final verdict on a multi-years legal challenge brought by EU taxi associations to Uber’s claim that it’s just a technology platform — with the CJEU today ruling it’s a transport service. Read More
Lyft goes international with Toronto launch
Lyft has officially opened for business in Toronto, its first market outside the U.S. The Canadian expansion was announced last month, and December 12 is the first day of official operations with ride-hailing services available in the city. Lyft …
View More Lyft goes international with Toronto launchUber data breach from 2016 affected 57 million riders and drivers
Uber faced a data breach in 2016 that affected some 57 million customers, including both riders and drivers, revealing their names, email address and phone numbers. That affected group included 50 million riders and 7 million drivers; around 600,…
View More Uber data breach from 2016 affected 57 million riders and driversBaidu and electric vehicle startup NIO lead $195M investment in Chinese limo booking app
Chinese internet giant Baidu is continuing its push into the automotive space after it led a RMB 1.3 billion ($195 million) Series B investment in Shouqi Limousine & Chauffeur, an offshoot of the state-owned Shouqi Group which was Beijing’s first licensed ride-hailing app. NIO Capital, the investment arm of billion-dollar electric car startup NIO, and Silk Road Huachuang joined… Read More
Uber adds live location sharing and more for easier pickups
Uber has added some updates to its rider app designed to make the pickup process easier in time for the busy holiday travel season. The biggest change is probably that you can now do live location sharing within the app, letting you temporarily share with your driver exactly where you are – all within your control from the main Uber screen. This should help avoid those moments when… Read More
Uber CEO says 2019 is the target for IPO
Uber CEO Dara Khosrowshahi was on stage at the New York Times’ Dealbook conference today, and the ride hailing company’s top executive put a timeline on Uber’s plans for going public. Khosrowshahi, who took over as CEO after founder Travis Kalanick stepped down earlier this year, said early on that an IPO for Uber was part of his plans, and that it would happen in the next 18… Read More
Uber rival Grab crosses 1 billion rides in Southeast Asia
Grab, Uber’s fierce rival in Southeast Asia, announced today that its service has crossed one billion completed rides. The firm hit the milestone on October 26 when 66 concurrent trips from across its seven markets took it into ten-figure territory . The company started out in Malaysia in 2012, and today it covers 142 cities across Singapore, Malaysia, Indonesia, Thailand, Vietnam,… Read More
Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company
Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too.
That’s because the ride-sharing firm, which recently raised $2 billion from SoftBank and China’s Didi Chuxing, rolled out support for its GrabPay service among third-party merchants for the first time today.
Grab is present in seven markets across… Read More
Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company
Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too.
That’s because the ride-sharing firm, which recently raised $2 billion from SoftBank and China’s Didi Chuxing, rolled out support for its GrabPay service among third-party merchants for the first time today.
Grab is present in seven markets across… Read More