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
Toyota Motor Corp. raised an outcry among Japan's taxi drivers after it forged a strategic alliance with ride-sharing service provider Uber Technologies Inc. in May. The Japan Federation of Hire-Taxi ...More
EJ Insight2016-07-12
While Uber Technologies Inc. is caught in intense competition with local ride-hailing services in China and India, a Singapore-based startup is fast expanding its reach in Southeast Asia, the Wall Str ...More
EJ Insight2016-07-05
... d such as Uber and AirBnb are examples of companies which have leveraged the cloud to disrupt the transportation and hospitality industry respectively. Logistics companies such as UPS and FedEx have a ...More
EJ Insight2016-06-29
... rrival of Uber, a game changer that has toppled the traditional taxi industry in almost every major city across the globe. Despite the repeated crackdowns by police, Uber has been able to establish it ...More
EJ Insight2016-06-27
... apps like Uber and DiDi, whose services they can rate after each ride. The customer ratings would directly affect the popularity and income of a driver. But will that be the same case with the drivers ...More
EJ Insight2016-06-17
Uber's Chinese rival Didi Chuxing Technology Co. is fast going up in the sharing economy with a valuation close to US$28 billion after it raised US$4.5 billion in a round of funding. That puts the rid ...More
EJ Insight2016-06-16
Apple announced Monday that it will be opening its Siri digital assistant to outside developers, a move that will allow users to activate apps such as Uber and Skype with voice commands At its Worldwi ...More
EJ Insight2016-06-14
