Uber

How Uber Quietly Raised $2 Billion

Sally Bakewell, Davide Scigliuzzo, Bloomberg | Friday October 19, 2018

Uber this week sold $2 billion of bonds in what's known as a private placement.

Uber's Mideast-Rival Careem Raises $200 Million to Expand, Expects More Funds

Reuters | Thursday October 18, 2018

The latest investment, combined with previous fund raising and expansion of the company into new segments and markets, is said to have given Careem an estimated valuation of over $2 billion.

Uber Enters Trailer Leasing Business

Reuters | Thursday October 18, 2018

Money-losing Uber has been seeking new avenues of growth, including food delivery services, even as it battles intense competition in its core business of ride hailing.

Philippine Watchdog Fines Grab, Uber for Rushed Merger, Drop in Service Quality

Reuters | Wednesday October 17, 2018

Uber sold its money-losing Southeast Asian business to bigger regional rival Grab in March.

Uber Reportedly Considering Spinning Off Self-Driving Car Unit, Bringing in Minority Investors

Reuters | Wednesday October 17, 2018

Uber could spin off its Advanced Technologies Group into a separate business unit with its own valuation and equity.

Uber Could Reportedly Be Valued as High as $120 Billion in a Possible IPO

Reuters | Tuesday October 16, 2018

The ride hailing company's most recent valuation was pegged at $76 billion.

IIM Kozhikode Summer Placement Concludes; Accenture, Wipro, Uber Among Top Recruiters

Education | Press Trust of India | Monday October 15, 2018

A total of 105 companies participated in summer placements at the IIM Kozhikode (IIMK) and made offers to 421 students.

Uber Driver Found Dead In His Car In Mumbai: Police

Mumbai News | Press Trust of India | Friday October 12, 2018

A 45-year-old taxi driver, attached to cab aggregator service Uber, was found dead inside his car in suburban Andheri in Mumbai Friday, police said.

Uber-Commissioned Study Pushes New Ways to Measure Driverless Safety

Michael Laris, The Washington Post | Thursday October 11, 2018

A typical driving test considers basic skills: Can you parallel park? Do you know to yield to pedestrians? No such government exam is required for cars driven by a computer.

After Delhi And Mumbai, Uber Rolls Out Its Traffic Tool For Bengaluru

Bangalore News | Indo-Asian News Service | Wednesday October 10, 2018

The US-based ride-sharing giant Uber on Wednesday rolled out its traffic "Movement" tool for Bengaluru after launching it earlier in Delhi and Mumbai.

Uber Says India Is a Major Growth Market, Looks to Expand Further

Indo-Asian News Service | Friday October 5, 2018

US-based ride-hailing major Uber on Thursday said it is planning to take its services to other, deeper parts of the country.

Google Assistant Gets the Ability to Book Cabs From Uber, Ola, and More

Ankit Chawla | Friday October 5, 2018

Google on Thursday announced that Google Assistant is now getting the ability to book cabs across ride-hailing services such as Uber, Ola, Grab, Go-Jek, and more.

Cash Collection Agent Chased, Shot Dead, Robbed In Delhi

Delhi News | Press Trust of India | Tuesday October 2, 2018

A 26-year-old Uber driver has been arrested for allegedly robbing and killing a cash collection agent last month in southeast Delhi's Sarita Vihar area, the police said on Monday.

Uber Riders Can Now Pay for Their Rides Via Google Pay

Jagmeet Singh | Friday September 28, 2018

The latest Google Pay integration within the Uber app is initially limited to Android devices.

Uber to Pay $148 Million to Settle US Data Breach Cover-Up

Reuters | Thursday September 27, 2018

Uber is seeking to resolve legal battles before an IPO next year, while also delivering a national rebuke against its history of flouting laws and basic business ethics.