... 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
... d States’ Uber is also planning to get in on the rebate program. -- Contact us at [email protected] KZ/AC/JL ...More
EJ Insight2014-09-03
... taxi scamUber unlikely to dent Hong Kong taxi market near term --Contact us at [email protected] AM/JP/RC ...More
EJ Insight2014-08-28
It's the height of luxury and privacy with the price tag to boot. At HK$175,735 (US$22,674) per square foot, an uber luxury mansion on the Peak, Hong Kong's most exclusive enclave, sets a domestic rec ...More
EJ Insight2014-08-07
... US-based Uber is also a threat as it expands into China. Kuaidi chief operating officer Zhao Dong told TMTpost that the firm is now diverting traffic from its taxi hailing app to its premium high-end ...More
EJ Insight2014-07-29
... tion with Uber and Alibaba-backed Kuaidi Dache, analysts were quoted as saying. Tencent and DiDi are launching a new team to target commercial clients, the report said, citing tech.sina.com.cn. Tencen ...More
EJ Insight2014-07-29
Seoul wants to ban the taxi-hailing smartphone application Uber, saying its operation in the South Korean capital is illegal, the Financial Times reported. “Uber is hurting the good people of the taxi ...More
EJ Insight2014-07-22
