Tag: Uber
Uber rides hammered by the pandemic; food delivery business doubles
In the second quarter, the homebound customers more than doubled their orders from Uber’s food-delivery service while demand for its ride-hailing services witnessed only...
Uber acquires Postmates: Strengthens its foothold in the food delivery segment
US-based ride-hailing multinational Uber acquired American food delivery service Postmates in an all-stock transaction of $2.65 billion. The firm plans to run its own...
Silverlining; Ride-hailing service Careem observes unexpected quick recovery
Dubai-based, Careem a subsidiary of US-based ride-hailing solution Uber Technologies is witnessing a gradual increase in demand to its services in the region as...
EMPG and OLX unite to create a $1 billion tech holding...
Dubai-based Emerging Markets Property Group (EMPG) and OLX, which has listings portals Dubizzle, have consolidated their MENA and South Asia operations to create a...
Amazon CEO Jeff Bezos invests in UK’s digital logistics startup Beacon
Amazon CEO and world’s richest man Jeff Bezos is investing in U.K. digital freight forwarding and supply chain finance organization Beacon. He will be...
