Tag: Uber
Saudi SAR offers customers hassle-free Uber ride-booking from stations
The Saudi Railway Company (SAR), a state-owned company that operates Saudi Arabia's rail network, in partnership with American mobility service provider Uber, has launched...
Uber reports Q2 loss despite sustained revenue
American technology company Uber has reported a loss in the second quarter, despite revenue rising. As the business boosted expenditure to maintain and bring...
Volvo to supply cars for China’s Didi Chuxing’s self-driving test fleet
Swedish premium automaker Volvo Cars has agreed to provide cars to the autonomous driving technology unit of China's top ride-hailing firm, Didi Chuxing, for...
Google to invest $44mn in South Korean taxi-hailing firm Kakao Mobility
US-based search engine giant Google is all set to make an investment of more than $44.15 million in South Korea's leading taxi-hailing and parking...
UK Uber drivers rally against Microsoft’s facial recognition tech
UK-based drivers union App Drivers & Couriers Union (ADCU) has demanded US tech giant Microsoft to restrict the use of its facial recognition technology...
Why Uber’s $6.8bn loss in 2020 is actually a good news
US-based Uber has just reported that the company made a massive $6.8 billion loss in 2020, but that's actually good news.
The full-year loss, which...
SoftBank sells $2bn in Uber stock as demand for ride hailing...
The Japanese holding company SoftBank sold about $2 billion in US-based ride-hailing service Uber Technologies' stock, cashing in after an increase in the ride-hailing...
Uber sells self driving car unit in a bid to turn...
US-based Uber Technologies sold its self-driving car division to Aurora Innovation, the American self-driving technology firm, and took a share in the startup.
The move...
