It was reported once before that Uber was in discussions with Careem, its main rival in the Middle East, for an acquisition. A new report says that the deal may be inked as soon as this week. Uber will reportedly be acquiring Dubai-based Careem for $3.1 billion. The move definitely goes against Uber’s recent trend of pulling out of foreign markets where it faces intense competition.
The Uber Rewards loyalty program was introduced in January this year. The feature was initially rolled out to riders in select cities like San Francisco. It calculated how much they have spent on Uber and Uber Eats in the last six months and awards perks such as no-fee cancellations if they rebook, free car upgrades, and more. Uber is now rolling out the rewards program to all riders in the […]
Uber and Lyft are both due to go public and a new report reveals that the companies are planning to give some of their drivers cash bonuses which they will be able to put towards purchasing of IPO stock as these companies go public. This workaround enables Uber and Lyft as Securities and Exchange Commission rules prohibit them from directly granting stock to drivers, the rules indicate that private company […]
The regional government in Barcelona has passed new regulations for the vehicle for hire sector. These regulations directly impact companies like Uber who run a ride-hailing service. As a result of these new regulations, Uber has once again suspended its services in the Catalan capital.
Uber has announced a Clean Air plan for one of the busiest cities in the world. The plan is to help drivers on its network shift to electric cars in a move that will have a major impact on London’s environment. There’s a cost to this, though, and Uber is passing some of it on to the riders. Uber rides will now be slightly more expensive in the city as […]
#CES2019 – Uber started out as a ride-hailing company, a service meant to be offered as an alternative to taxis. The company later expanded their offerings where they began using their cars and drivers to help deliver food as well. This isn’t surprising as companies need to evolve, and last we heard, Uber was planning to conquer the skies next.
If you don’t like to drive or don’t want to drive, there have always been plenty of alternatives such as public transport in the form of a bus or train or taxi, or if you can afford it, you could rent a town car. However it seems that with companies like Uber and Lyft offering more affordable alternatives to taxis and town cars, it’s not surprising that their usage has […]
London Mayor Sadiq Khan has announced that Uber and other private hire taxi operators will now be required to pay the London congestion charge if they want their vehicles to enter the city center on a weekday. These companies were previously exempt from paying this charge but will now be required to pay up as the mayor continues his drive to improve air quality in the British capital. “We have […]
An Uber self-driving car was involved in a fatal accident earlier this year in Arizona. The company grounded its entire fleet following the accident as it conducted an investigation and also cooperated with the police investigation. It was never going to completely stop testing self-driving cars and has recently indicated that it may restart tests, albeit on a limited scale. It has now been granted approval to do that in […]
Starbucks already allows users several ways of ordering their coffee. They can do so the normal way by going to a store and placing their order. However if they’re too busy, they can also make an order via the Starbucks app and pick it up when they arrive. However if you’re really too busy (or too lazy) to make a trip to the store, you can start relying on Uber […]
The question for the past few years has been when Uber will be going public, not if, and it appears that merely days after Lyft filed paperwork to go public in the United States, Uber did the same. According to a new report, Uber has confidentially filed for an IPO with the Securities and Exchange Commission.
The scooter-sharing market hasn’t fully formed but there’s already a considerable interest in it. There are a few startups that have made a name for themselves in the market and they are now being sought out by significantly larger transportation companies for acquisition. Uber is reportedly talking to two scooter-sharing startups as it aims to clinch a multi-billion dollar deal in this budding market.
Uber has often been criticized for the lack of easily available wheelchair accessible rides. Those who were looking for one often had to wait for a long time before they got a wheelchair accessible car. The company is making amends now with a new partnership with MV Transportation. It’s a paratransit service provider that operates in 30 states as well as Canada.
Days after Lyft announced the launch of a rewards program for riders, Uber today announced a similar program. Uber Rewards is not just limited to the ride-hailing service. Users will earn rewards points on both Uber and Uber Eats. The program will offer special benefits that users will be able to unlock as rewards.