... ike rival Uber Technologies Inc., Didi takes a small cut of those bookings from its drivers as revenue. But unlike Uber, which has expanded around the world, it has largely remained focused on China. ...More
EJ Insight2016-10-26
I will always be wondering why Uber decided to quit Hong Kong when this is the place where its service is most needed. After all, Hong Kong car owners are among the least privileged, long-suffering gr ...More
EJ Insight2016-10-17
... s. Former Uber chief financial officer Brent Callinicos was appointed as a full-time adviser to Hyperloop One chief executive Rob Lloyd and the board. -- Contact us at [email protected] RA ...More
EJ Insight2016-10-14
... nies like Uber Technologies Inc. Auto executives are concerned that more consumers would rather borrow cars than own them. GM’s investment in Yi Wei Xing follows the launch of Maven, which provides sh ...More
EJ Insight2016-10-13
... irms like Uber and Airbnb, big companies like HSBC are also warming to this concept. In fact, WeWork does have a base of large corporate clients, including General Motors and Grand Hyatt. Flexibility ...More
EJ Insight2016-09-26
Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore. The move comes just days after rival Uber debuted i ...More
EJ Insight2016-09-23
Who doesn't like the new economy babies like Uber and Airbnb which help consumers pay less for more? Car-hailing company Uber has carved out a unique space for itself despite scaling down some service ...More
EJ Insight2016-09-21
Grab, the biggest rival to ride-sharing service Uber Technologies Inc. in Southeast Asia, has raised US$750 million in a funding round. The cash injection, which came just a month after Indonesian pee ...More
EJ Insight2016-09-21
Ride-hailing companies Uber and Careem have suspended their services in Abu Dhabi, the capital of the United Arab Emirates, after as many as 50 of its drivers were arrested by police over the weekend. ...More
EJ Insight2016-08-29
Uber Technologies lost at least US$1.27 billion before interest, taxes, depreciation and amortization in the first half of this year, Bloomberg News reported, citing people familiar with the matter. S ...More
EJ Insight2016-08-26
Singapore has launched road tests of the world's first self-driving taxis, just hours ahead of ride-hailing giant Uber Technologies. The trials underlines the intensity of the global race to develop a ...More
EJ Insight2016-08-26
... orns like Uber and Airbnb have clear business models, and that will limit their downside, the analysts said. Also, in 2000, the average price earnings ratio of Nasdaq-listed firms was as high as 170 t ...More
EJ Insight2016-08-23
... acters -- Uber Technologies Inc., SolarCity Corp., ADT Corp., and Comcast Corp., to name a few. One recent entrant is the Brita unit of Clorox Corp., which just introduced a Wi-Fi-enabled “smart” pitc ...More
EJ Insight2016-08-22
Uber Technologies announced Thursday that it has acquired self-driving trucks startup Otto and that the company has also established an alliance with Volvo Car Group to develop self-driving cars. "Par ...More
EJ Insight2016-08-19
Uber Technologies Inc. is redeploying 150 engineers from China to other key markets such as Southeast Asia after agreeing to sell its business in the world’s most populous nation. The company's San Fr ...More
EJ Insight2016-08-03
... including Uber Technologies Inc. and Lyft, which is collaborating with General Motors Co. -- Contact us at [email protected] RA/CG ...More
EJ Insight2016-08-02
After a bruising two-year battle, ride-hailing firm Uber is selling its China operations to bigger local rival Didi Chuxing. The merged entity is worth around US$35 billion, based on Didi's most recen ...More
EJ Insight2016-08-02
... Groupon, Uber or Bitcoin, and that he wouldn't be surprised to come across a Pokémon Go wannabe soon. The lack of originality is the reason why Hong Kong startups cannot break the glass ceiling and a ...More
EJ Insight2016-08-01
... Pacific, Uber and many others. (The full list of participating brands is on Apple’s official website.) Now it’s safe to say the Cupertino, California-based tech giant wants Hongkongers to forgo the ...More
EJ Insight2016-07-21
... irbnb and Uber hit the young particularly hard, both as producers and as consumers. If we do not change course soon, subsequent generations will confront self-reinforcing economic, financial and polit ...More
EJ Insight2016-07-19
