The lackluster market response comes against the backdrop of a spike in trade tensions between the United States and China and increased investor skepticism about the company's ability to turn profitable soon enough.
Several startups — backed by big Silicon Valley venture firms and Uber’s Indian competitor, Ola — are betting that shared motorbikes are better suited to wallets and transportation needs than the cars that are the heart of the ride-hailing industry.
The woman who received the kidney, Trina Glispy, a 44-year-old nursing assistant from Baltimore, said she had begun to lose hope before she got a call on April 18, when she learned she had matched with a donor.
Uber, the ride-hailing company is planning to start marketing shares to potential investors in a price range of about $44 to $50 each, said the people, who asked not to be identified because the matter isn’t public.
A Uber driver was brutally thrashed by five passengers in Mumbai. Driver Altaf Shaikh, who picked up five people for a ride, was thrashed after he stopped them from smoking inside the car. The victim said that the accused were drunk. Four of the accused have been arrested by the police and a case has […]
The complaint was filed by NGO Nyayabhoomi through its secretary Rakesh Agarwal. The court said the clauses of the City Taxi Scheme (CTS), 2015 mandate that only fares “prescribed” by the transport department can be charged. To know more about the story watch out the video
Montreal Mayor Denis Coderre decided to instate a temporary pause of the ride-sharing service Uber after hundreds of taxi drivers protested against the service destroying their business at Pierre Elliot Trudeau Airport in Montreal on Wednesday. Protesters attempted to block the roads leading to the airport under police watch, who ensured access routes to the […]