Uber Technologies Inc. has closed early a US$1 billion fundraising round for its China unit. Investors include Hillhouse Capital, Asia’s biggest hedge fund, Chinese Internet giant Baidu Inc., China Ci ...More
EJ Insight2015-08-28
Rio de Janeiro became the latest city to move against Uber as its city council voted to ban unregulated ride-sharing services. Mayor Eduardo Paes must approve and sign the decision within 15 days to b ...More
EJ Insight2015-08-26
... irbnb and Uber becoming hugely popular, anything is possible for people like her. This is what keeps Ruth upbeat about her oddball approach. -- Contact us at [email protected] RA ...More
EJ Insight2015-08-22
This Uber row is really something and I sense it is about a great deal more than the problems of the taxi service because it exposes the crummy way government-organized monopolies conspire to deprive ...More
EJ Insight2015-08-22
... sition to Uber by Hong Kong taxi drivers is a typical example of how traditional interests get in the way of innovation. The next hurdle is the government. In fact, governments are often ambivalent ab ...More
EJ Insight2015-08-21
... he recent Uber controversies. So, is John Tsang a major roadblock when Leung aims to be more proactive? Judging from the Xinhua interview, apparently Leung believes so. Think about Leung’s failed prop ...More
EJ Insight2015-08-20
Indian private equity investor Tata Opportunities Fund (TOF) is buying into Uber for an unspecified sum, its first investment in a global company outside the country. The companies announced the deal ...More
EJ Insight2015-08-20
... models of Uber and GoGoVan can be effectively applied to relief efforts for natural disasters, it would definitely spell the end of the golden age of large international NGOs like the Red Cross. This ...More
EJ Insight2015-08-19
... operator Uber would have been welcomed by the government rather than be subjected to police raids and arrests amid allegations that it is operating an unlicensed business in the city. Some people sti ...More
EJ Insight2015-08-18
Some drivers of car-hailing service provider Uber Technologies are now said to be in a dilemma. They claim that they have not been paid their share of fares for taking customers, and that they aren't ...More
EJ Insight2015-08-18
The Lion Rock Institute, a think tank that promotes free-market thought, has urged authorities to lend a helping hand to Uber, pointing out that more competition will help improve service quality in t ...More
EJ Insight2015-08-17
A top adviser to Chief Executive Leung Chun-ying has thrown his support behind the Uber car-hailing platform, saying it represents a truly innovative business model that goes beyond offering taxi serv ...More
EJ Insight2015-08-17
After the arrest of several Uber drivers, the police carried out a massive raid on the company headquarters a few days ago and arrested three staffers and another five drivers. A police spokesperson l ...More
EJ Insight2015-08-17
In Hong Kong, there are three Uber services available, Uber Black, Uber Taxi and Uber Van. Uber taxi is similar to licensed taxi and it charges based on the meter. Uber Van is quite similar to GoGoVan ...More
EJ Insight2015-08-15
... ple, when Uber, an American company, first entered China, they were not allowed to use Google Maps and had to use Amap instead," Choi said. "Uber had to localize all its apps to suit local operating c ...More
EJ Insight2015-08-15
Hong Kong authorities have been criticized for setting the bail amount at a high level for the release of some arrested Uber staffers and drivers. Charles W. Tsang, a blogger who claims to be familiar ...More
EJ Insight2015-08-14
Hong Kong authorities have justified their arrests of some Uber drivers and a subsequent raid on the firm's local offices by saying that they are merely seeking to curb illegal car-hire services in th ...More
EJ Insight2015-08-14
Kuaidadi, a car-hailing app that is backed by e-commerce giant Alibaba, appears eager to fill the market void in Hong Kong as global giant Uber Technologies comes under a police crackdown. The mainlan ...More
EJ Insight2015-08-14
Uber Technologies has won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. US District ...More
EJ Insight2015-08-14
In an interview with Invest Hong Kong, Sam Gellman, Uber Technologies general manager for Hong Kong, said Hong Kong is one of the best cities in the world. “It has a strong entrepreneurial spirit and ...More
EJ Insight2015-08-13
