... iling app Uber Technologies Inc., which is now valued at US$41 billion. Investors expect the two companies will now turn from competing against each other to offering a range of new services. About 99 ...More
EJ Insight2015-04-01
Mainland luxury car dealer China Yongda Automobiles Services (03669.HK) has signed a strategic deal with Uber, the taxi-hailing company. Yongda will offer discounts and loans to car rental companies t ...More
EJ Insight2015-03-20
Uber Technologies Inc., the online taxi service, has confirmed that chief financial officer Brent Callinicos is stepping down. Chief executive Travis Kalanick made the announcement in an e-mail to inv ...More
EJ Insight2015-03-17
... g service Uber Technologies is seeking opportunities to expand in China. -- Contact us at [email protected] CG/RC ...More
EJ Insight2015-02-13
A taxi-hailing app war is about to erupt in Hong Kong. Uber, a United States vehicle-hiring and taxi company, is firing the first volley with a "free ride day" Wednesday. It's throwing down the gauntl ...More
EJ Insight2015-02-10
Google Inc., one of the largest investors in Uber, is developing its own ride-hailing service, most likely in conjunction with its driverless car project, according to Bloomberg News. A Google represe ...More
EJ Insight2015-02-03
... i company Uber did not exist five years ago; it is now valued at more than US$40 billion. The rapid expansion of Alibaba threatens Western retailers who never expected to face a Chinese competitor. Dr ...More
EJ Insight2015-01-28
The chief executive of the taxi-hailing firm Uber promised to create 50,000 new jobs this year. “We want to make 2015 the year where we establish a new partnership with EU cities,” Uber co-founder and ...More
EJ Insight2015-01-19
... nies like Uber Technologies Inc. and Kuaidi Group, which is backed by Alibaba Group Holding Ltd. The apps allow passengers to negotiate fares with taxi drivers or tap a privately run but licensed flee ...More
EJ Insight2015-01-15
... including Uber Technologies Inc., the US taxi-booking app that said earlier this month a new round of funding valued it at US$41 billion. The Beijing-based technology startup, chaired by co-founder L ...More
EJ Insight2014-12-30
Baidu Inc. is buying a minority stake in Uber Technologies Inc., the troubled tax-hailing company that is seeking to expand in China. The stake will be paid for in cash and non-cash assets including o ...More
EJ Insight2014-12-12
Countries are clamping down on the popular taxi-hailing app Uber after a passenger in India accused a driver she had booked through the service of raping her. The Indian government on Tuesday launched ...More
EJ Insight2014-12-10
Indian police arrested an Uber cab driver suspected of raping a female passenger, Reuters reported. They said they would take legal action against the US-based online taxi-calling service for failing ...More
EJ Insight2014-12-08
With vehicle hiring apps such as Uber and Lyft denting the business of regular city cabs, some metros in the US have seen demand for new taxi licenses and the value of existing ones fall sharply. Now, ...More
EJ Insight2014-12-03
Investors in Uber Technologies Inc. are betting the five-year-old car-booking app is more valuable than microblog platform Twitter Inc. and car rental giant Hertz Global Holdings Inc. The San Francisc ...More
EJ Insight2014-11-27
A United States judge has order the chief executive of taxi app operator Uber to disclose how it shares gratuities with drivers. Travis Kalanick must reveal some of his e-mails to plaintiff lawyers in ...More
EJ Insight2014-11-27
... m Brazil, Uber from the United States and Kuaidi Dache ("Fast Taxi" in Putonghua), a mainland app backed by Alibaba Group. Some taxi drivers pay a monthly fee of between HK$20 (US$2.58) and HK$40 a mo ...More
EJ Insight2014-11-24
... s such as Uber will diminish its growth prospects, arguing that the two companies serve separate customer bases. -- Contact us at [email protected] RA ...More
EJ Insight2014-10-13
... r growth “uber strong”, referring to the upward revision last week to an annualized rate of 4.6 percent from 4.2 percent previously estimated, and said history had shown that wage pressures could acce ...More
EJ Insight2014-09-29
Drivers for Uber Technologies Inc. have refused to transport blind people who use guide dogs, an advocacy group claimed in a civil rights lawsuit in which one driver was accused of forcing a guide dog ...More
EJ Insight2014-09-10
