Investors in Didi Kuaidi Joint Co., China’s homegrown competitor to Uber Technologies Inc., have pushed the ride-sharing company’s valuation to more than US$25 billion. Beijing-based Didi Kuaidi is cl ...More
EJ Insight2016-04-08
Peer-to-peer (P2P) services have disrupted the operations of various industries. Besides Uber, the short-term lodging rental platform Airbnb is another case worth discussing. Airbnb boasts several sel ...More
EJ Insight2016-04-06
A US judge has cleared the way for antitrust lawsuits against Uber's chief executive after the ride-hailing company failed to win dismissal of price-fixing charges. Travis Kalanick must face claims he ...More
EJ Insight2016-04-01
... ice apps, Uber has been described as the Airbnb of the taxi market. The New York Times estimated that Uber was valued at US$62.5 billion as of December last year. However, the company has yet to make ...More
EJ Insight2016-03-30
... reams (as Uber has for taxis), and eventually to lead to a wholesale rewriting of traffic laws, insurance provisions and supply chain relationships. We're already getting a taste of what issues driver ...More
EJ Insight2016-03-19
Uber has reduced the fares for some of its UberX rides in Hong Kong in a bid to lure more customers for the low-cost service that was launched in the city in December last year, Singtao Daily reported ...More
EJ Insight2016-03-18
A man working as an Uber driver admitted to the shooting rampage that killed six people in Kalamazoo, Michigan over the weekend, a police detective testified on Monday. Jason Dalton, 45, was denied ba ...More
EJ Insight2016-02-23
A suspected Uber driver might have picked up passengers during a deadly rampage in which six people were killed and two others injured. The random shootings took place in the Michigan city of Kalamazo ...More
EJ Insight2016-02-22
Uber Technologies Inc. is losing more than US$1 billion a year in China as it competes with local rival Didi Kuaidi, chief executive Travis Kalanick said. The company's Chinese business boosted its va ...More
EJ Insight2016-02-19
... logy like Uber and Airbnb in daily life, lawyer-free, virtual courtrooms are probably too transformative for our officials’ yesterday-oriented mindset. -- Contact us at [email protected] FL ...More
EJ Insight2016-02-16
... lesson of Uber indeed speaks volumes about how non-receptive our government is to new technologies. Taking the initiative to understand new technologies and allowing them in daily life applications, a ...More
EJ Insight2016-02-05
Uber's arrival in Hong Kong drew fierce protests from the taxi industry. Meanwhile, the service quality of taxis has been a widespread concern. Complaints about taxi drivers being rude, refusing hire ...More
EJ Insight2016-01-30
... , head of Uber Hong Kong, was among the audience at the forum which was organized by local startup community Startmeup.hk. Gellman refused to comment when asked which department was hosting him for an ...More
EJ Insight2016-01-27
App-based transport service provider Uber Technologies Inc. is set to roll out a meal delivery service across 10 cities in the United States. In the coming weeks, customers in such cities as Los Angel ...More
EJ Insight2016-01-21
Taxi drivers in Hungary's capital staged a protest against ride-hailing service Uber, amid new regulations setting a fixed tariff for traditional taxi firms that is higher than Uber's. Taxis blocked a ...More
EJ Insight2016-01-19
... orp., and Uber Technologies Inc. chief executive Travis Kalanick. "India’s youth should be a job creator, not a seeker." Asia’s No. 3 economy is in the midst of an internet startup boom that has lured ...More
EJ Insight2016-01-19
Airbus Group will provide helicopters to Uber Technologies for the latter's on-demand services, the European plane maker’s chief executive said on Sunday. "It's a pilot project, we’ll see where it goe ...More
EJ Insight2016-01-18
... uation of Uber has surpassed US$60 billion. Is its unmanned vehicle business priced in? The broad adoption of unmanned vehicles will turn the vehicle manufacturing and transportation sectors upside d ...More
EJ Insight2016-01-15
Ride-hailing services firm Uber Technologies has raised fresh funds for its China unit that values the expanding subsidiary at US$7 billion, the Wall Street Journal reported. Among the entities that h ...More
EJ Insight2016-01-12
... ng.com or Uber China, they would require a certain amount of annual management fee from the funds, in addition to the commission, or share the profit when the investor exited successfully. Thus, they ...More
EJ Insight2016-01-09