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Fed must weigh wage pressure in setting rate policy, says Fisher

... 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

Uber drivers sued for snubbing blind, ditching dog

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

HK$20 discount for taxi bookings via Kuaidi Dache app

... 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

A taxi brawl turns ugly in Hong Kong

...  taxi scamUber unlikely to dent Hong Kong taxi market near term --Contact us at [email protected] AM/JP/RC ...More

EJ Insight2014-08-28

How much would you pay for a Peak view and privacy?

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

Jean Liu and what she brings to Didi

...  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

Lenovo founder's daughter joins Tencent taxi app unit

... 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

Blow to Uber as Seoul looks to ban driver-hailing app

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

Uber unlikely to dent Hong Kong taxi market near term

Mobile cab-booking service Uber is unlikely to create an upheaval in the Hong Kong taxi market in the short run due to its high pricing, the Hong Kong Economic Journal said Friday. The taxi app has se ...More

EJ Insight2014-07-18

Uber unlikely to enjoy a smooth ride in China

Bill Maris, managing partner of Google Ventures, the search giant's venture capital fund, has given a jaw-dropping estimate of the value of Uber -- US$200 billion. That's almost equivalent to the mark ...More

EJ Insight2014-07-16

Has Silicon Valley lost its way?

... iling app Uber get US$1.2 billion, Mundkur wondered.  Dubbed as the master of innovation in Silicon Valley, Steve Blank already noticed the problem two years ago. In a blog post in May 2012, Blank sai ...More

EJ Insight2014-07-09

Why China's Yongche thinks it can take on Uber

Chinese car booking services provider Yongche.com is spreading its footprint to the United States, the home turf of rival Uber, by offering something new -- Putonghua-speaking drivers. Starting with S ...More

EJ Insight2014-06-17

Ride-sharing startup Uber expects record-setting valuation

Uber Technologies, a San Francisco-based firm that arranges car ride-sharing services, expects to draw a "record-breaking" valuation at its next funding round. Bloomberg News quoted chief executive Tr ...More

EJ Insight2014-05-29

What now? Taxi-hailing apps take stock after rebates end

... s such as Uber, the United States taxi-hailing business which charges drivers a 20 percent commission on each transaction. A recent round of fundraising which attracted a large number of investors va ...More

EJ Insight2014-05-26

Internet of cars: Tech giants' latest battlefield

Taxi-hailing apps such as Didi Dache or Uber have drawn a lot of buzz in recent times, but the big story in the industry is now something else: internet of cars. Technology giants Apple, Google, Intel ...More

EJ Insight2014-05-22

Rolls-Royce eyes 'majestic' ride in Year of the Horse

... llows the uber-luxury brand to maximize its market penetration through tailor-made sales approaches. -- Contact the reporter at [email protected] RC ...More

EJ Insight2014-02-11

Will China cramp Uber's fast-luxe rides?

San Francisco-based limousine app Uber is on the move in China, busily recruiting managers in all corners of the country over the last few months. The firm links passengers with drivers of luxury cars ...More

EJ Insight2014-02-06

Investors hail taxi-booking apps

... ight from Uber, a US-based private luxury car service whose business model is similar to that of Didi and Kuaidi. Say you're in a hurry to get to an appointment. All you need to do is open the Uber ap ...More

EJ Insight2014-01-07

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