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Uber hires former Everstone CEO Brooks Entwistle as Asia head

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17 August, 2017

Uber hires former Everstone CEO Brooks Entwistle as Asia head

Brooks EntwistleRide-hailing firm Uber Technologies Inc. has appointed Brooks Entwistle as chief business officer for its Asia-Pacific business.Entwistle joins ......

Uber in talks with SoftBank, Didi Chuxing and others for investment

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16 August, 2017

Uber in talks with SoftBank, Didi Chuxing and others for investment

Global taxi aggregator Uber Technologies Inc is in discussions with a group of investors, including Japan's SoftBank Group and Chinese ......

Uber agrees to data privacy audits in FTC settlement

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16 August, 2017

Uber agrees to data privacy audits in FTC settlement

Uber Technologies Inc has agreed to two decades of audits after U.S. regulators found the ride-services company failed to protect ......

Should Ola lose sleep over SoftBank's plans to back Uber?

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11 August, 2017

Should Ola lose sleep over SoftBank's plans to back Uber?

After denying it earlier, Japanese Internet conglomerate SoftBank Group Corp. confirmed its intent to invest in Uber Technologies, Inc., the ......

Ola raises $36 mn from New York-based hedge fund

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11 August, 2017

Ola raises $36 mn from New York-based hedge fund

ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing firm Ola, has raised $36 million (Rs 231 crore) from New York-based ......

Uber investor Benchmark sues to remove co-founder Kalanick from board

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11 August, 2017

Uber investor Benchmark sues to remove co-founder Kalanick from board

Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board ......

Uber may wind down or sell US car-leasing business

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09 August, 2017

Uber may wind down or sell US car-leasing business

Ride-hailing company Uber is evaluating options for its capital-intensive U.S. car-leasing business, including a sale of the unit, a source ......

Cab aggregators on path to sustainability, food-tech rebounds: Redseer report

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04 August, 2017

Cab aggregators on path to sustainability, food-tech rebounds: Redseer report

Cab aggregators Ola and Uber are marching towards sustainability as the firms have been able to control costs and bring ......

Ola to get $36 mn top-up from existing investors

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03 August, 2017

Ola to get $36 mn top-up from existing investors

Homegrown cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, is raising an additional Rs 232 crore ($36 million) from ......

GE's outgoing CEO Jeffrey Immelt in race for Uber's top job

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28 July, 2017

GE's outgoing CEO Jeffrey Immelt in race for Uber's top job

Jeffrey Immelt, the outgoing chief executive at General Electric Co, is among a handful of candidates taxi-hailing firm Uber Technologies ......