Uber’s new Chief Executive Officer, Dara Khosrowshahi, dismissed rumors during a presentation in India about a potential merger with ridesharing service Ola, saying instead that he plans to invest more in the company’s India business, which has been suffering recently from losses. Get the Full...
Uber is reportedly gearing up to sell its ridesharing business in Southeast Asia to Singapore-based Grab. In return, Uber would obtain a substantial stake in Grab, sources close to the potential deal told CNBC. Get the Full Story Complete the form to unlock this article...
Uber CEO Dara Khosrowshahi is looking at a future for Uber beyond ridesharing and cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Startup firm Uber is testing a new service in Nairobi, Kenya, that will charge a cheap rate for ridesharing customers who want to use its service for quick errands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A former Lyft employee has accused staffers of using the ridesharing company’s software to spy on passengers, including obtaining the phone number of Facebook CEO Mark Zuckerberg. TechCrunch spoke to the source, who claimed that employees were able to use Lyft’s back-end software to “see...
The lawsuit launched against former Uber CEO Travis Kalanick by investor Benchmark is officially over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Two typical Uber use cases: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...
Many cities have bus systems, but they’re not always well-utilized by the majority of residents. The city of Arlington, Texas, located just outside Dallas, for example, had a single bus route — and discovered that most of its riders were students at the University of...
Uber’s CEO is making a bold prediction, stating that within the next decade, ride-sharing customers will be chauffeured around in flying cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
