car sharing

Indonesian Uber rival Go-Jek closes in on new $1.2 billion round

 Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round. That’s because JD.com, the China-based e-commerce firm that rivals Alibaba, has agreed to join Go-Jek’s upcoming $1.2 billion round, a source with knowledge of discussions told TechCrunch. The news was first reported by The Information.… Read More

Uber suspends its service in the Philippines following ban over unregistered drivers

 Uber has suspended its services in Philippines after the national regulator banned it from operating for one month. The country’s Land Transportation Franchising and Regulatory Board (LTFRB) ordered a cease and desist against the U.S. ride-hailing firm on Monday over its apparent flouting of a ban on new drivers. The company initially lodged an appeal and continued with its service,… Read More

Uber knowingly leased recalled vehicles to its drivers in Singapore

 Uber is in the spotlight for shady operations once again after a report revealed that the U.S. ride-hailing giant knowingly leased cars that were subject to a recall to drivers in Singapore. A Wall Street Journal report exposed the events which took place in 2016 and centered around the Honda Vezel, one of a number of vehicles that Uber purchased and then made available for drivers to lease… Read More

Uber knowingly leased recalled vehicles to its drivers in Singapore

 Uber is in the spotlight for shady operations once again after a report revealed that the U.S. ride-hailing giant knowingly leased cars that were subject to a recall to drivers in Singapore. A Wall Street Journal report exposed the events which took place in 2016 and centered around the Honda Vezel, one of a number of vehicles that Uber purchased and then made available for drivers to lease… Read More

Chat app Line is launching a taxi-booking service to rival Uber in Thailand

 Uber just got itself another potential thorn in its side in Southeast Asia, where its closest rival Grab just raised $2 billion in fresh capital, after an unlikely source announced plans to enter Thailand’s ride-hailing space. Line, the Japanese company best known for its messaging app — and cutesy animal stickers — this week announced that it will offer a licensed taxi… Read More

SoftBank is reportedly keen to buy ‘multi-billion dollar stake’ in Uber

 Less than a day after it agreed to put $2 billion into Southeast Asia’s Grab alongside Didi, now SoftBank is being linked with an investment in Uber, the U.S. firm that rivals those two aforementioned ride-sharing companies. A Wall Street Journal report claims SoftBank has been in touch with Uber with the apparent goal of buying a “multi-billion dollar stake” in the company.… Read More

SoftBank is reportedly keen to buy ‘multi-billion dollar stake’ in Uber

 Less than a day after it agreed to put $2 billion into Southeast Asia’s Grab alongside Didi, now SoftBank is being linked with an investment in Uber, the U.S. firm that rivals those two aforementioned ride-sharing companies. A Wall Street Journal report claims SoftBank has been in touch with Uber with the apparent goal of buying a “multi-billion dollar stake” in the company.… Read More

Uber has seen a sharp drop in new driver retention this year: Apptopia

 Uber has seen a sharp drop in retention rates for new drivers in the U.S., according to analysis of the Uber driver app provided to TechCrunch by app analytics firm Apptopia. Read More

Don’t cry for me, Ubertina

 Uber has been in trouble for a while. The company was built on a bro-tastic, anything goes attitude that goes way back to God View and the targeted harassment of journalists. In short, it was built on an original sin that was never washed clean. ...

Don’t cry for me, Ubertina

 Uber has been in trouble for a while. The company was built on a bro-tastic, anything goes attitude that goes way back to God View and the targeted harassment of journalists. In short, it was built on an original sin that was never washed clean. ...

Alibaba is in talks to invest in Uber’s Southeast Asia rival Grab

 Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming $1.4 billion funding round for Grab which wil...

Emil Michael, Uber’s SVP of Business, has left the company

 Uber has confirmed that Emil Michael, one the company’s top executives, has left the company. Earlier today Michael sent an internal email to staff that he would be leaving the ride-hailing company, according to a report from Recode. Michael, who served as the company’s senior vice president of business, has long been a controversial figure outside of the company (he was the… Read More

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