Sentences with phrase «hailing firm»

SINGAPORE (Reuters)-- Singapore's competition watchdog said on Friday that it had reasonable grounds for suspecting competition had been infringed by the agreed deal by ride - hailing firm Uber...

SINGAPORE (Reuters)- Singapore's competition watchdog said on Friday that it had reasonable grounds for suspecting competition had been infringed by the agreed deal by ride - hailing firm Uber...

The call for users to scrap their Facebook accounts echoes last year's #DeleteUber campaign, which took off after the ride - hailing firm advertised that it would offer service free of surge pricing at New York's John F. Kennedy International Airport during a taxi strike protesting President Trump's travel ban.

Uber made another retreat in Asia as the ride - hailing firm conceded its Southeast Asian business to Grab earlier this week.

The Japanese company is currently in talks with the ride - hailing firm in a deal that would amount to as much as $ 10 billion, effectively buying out existing shareholders.

Japanese media outlet Nikkei, which reported on Friday that the companies were negotiating a possible deal, noted that Gill Pratt, CEO of Toyota Research Institute, recently met with Uber CEO Dara Khosrowshahi at the ride - hailing firm's Pittsburgh R&D center.

Fresh from announcing a deal to buy out Uber in Southeast Asia, Grab looks set to gain further firepower with Chinese e-commerce giant Alibaba preparing to invest in the ride - hailing firm.

International Tech firms could face new EU regulations over fake news, The Guardian Softbank, Google join US$ 1.9 - billion investment in China truck - hailing firm, Reuters

Ride - hailing firm Uber Technologies was the top lobbying spender for the first half of 2017, a report released Wednesday by the ethics and lobbying regulators at the Joint Commission on Public Ethics found.

Travis Kalanick, the controversial founder of cab - hailing firm Uber Technologies Inc., is setting up an investment fund that will invest in India and China.

The Japanese company led a $ 627 million funding round in e-commerce marketplace Snapdeal and a $ 210 million round in cab - hailing firm Ola.

HK) and ride - hailing firm Didi Chuxing, will end up owning 56.8 percent of Belle after the deal is completed, with CDH taking a 12.1 percent stake, according to the filing.

It has over 300 portfolio investments in China, including internet giant Alibaba, ride - hailing firm Didi Chuxing and on - demand services provider Meituan - Dianping.

These new features and perks come at a time when the ride - hailing firm is facing a slew of issues.

U.S. ride - hailing firm Uber Technologies agreed to sell its Southeast Asian business to local rival Grab, the two companies said on March 26.

Indian ride - hailing firm Jugnoo plans to enter the Singapore market next month, its chief executive said on Wednesday, joining...

PepperTap, operated by Gurgaon - based Nuvo Logistics Pvt Ltd, is at least the fourth company in recent months to shut down its hyperlocal grocery delivery business after LocalBanya, e-commerce firm Flipkart's Nearby app and cab - hailing firm Ola's Ola Store offering.

Didi Chuxing, the Beijing - based ride - hailing firm that rivals Uber in China (also referred to as Didi Kuaidi), announced it has received a strategic investment of $ 1 billion from Apple.

SAN FRANCISCO Uber on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a company executive told Reuters, as part of the ride - hailing firm's response to concerns raised about the way it handled a data breach in 2016.

BEIJING — Beijing - based ride - hailing firm Didi Chuxing said Monday it will acquire Uber's Chinese business unit in a deal that could be worth up to $ 35 billion and will effectively halt a fierce battle for market share in the world's second biggest economy.

Earlier this month, Business Standard reported that Ola was accused of commercial espionage by a local Sri Lankan cab - hailing firm PickMe, which runs the largest cab service in the island nation.

Indian ride - hailing firm Ola's pilot project to test a fleet of electric vehicles in Nagpur was expected to herald a coming...

Bengaluru - based cab - hailing firm Ola has roped in Anand Shah, former executive at German premium carmaker BMW, to head its electric...

Ride - hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit...

Ride - hailing firm Didi Chuxing recently changed lanes to enter China's vibrant food delivery market.

International Tech firms could face new EU regulations over fake news, The Guardian Softbank, Google join US$ 1.9 - billion investment in China truck - hailing firm, Reuters

Ride - hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit from Asia after pulling out of China in 2016.

The ride - hailing firm reduced its fourth - quarter loss by 26 % to $ 1.1 billion, compared with the third quarter, the company disclosed exclusively to The Information and its investors on Tuesday.

Ride - hailing firm Ola has acquired the Indian unit of online food delivery service Foodpanda from Delivery Hero in exchange for an undisclosed equity stake.

Ride - hailing firm Uber Technologies has agreed to sell its Southeast Asian business to bigger regional rival Grab, sources with knowledge of the matter told Reuters.

Saudi Arabia's Kingdom Holding said on Thursday that it had led a group of investors that bought 5.3 percent of U.S. ride - hailing firm Lyft.

The case hinges on whether ride - hailing firm Uber used trade secrets from Alphabet's self - driving car unit to advance its autonomous vehicle program.

The competitive pressures were so great to develop self - driving cars in 2015 that the then Chief Executive of ride - hailing firm Uber Technologies Inc, Trevor Kalanick, decided that «winning was more important than obeying the law,» Verhoeven said.

The transactions are structured so as to spare institutional backers of the ride - hailing firm the pain of marking down the value of their investments, while at the same time offering staff an exit well below what they may have been hoping for before the company was hit by a string of governance scandals.

The revelations Tuesday and Wednesday about the extensive use of Wickr inside Uber upended the high - stakes legal showdown with Alphabet's Waymo unit, which accuses the ride - hailing firm of stealing its self - driving car secrets.

However, it appears that both cab - hailing firms did not anticipate the impact of reduced incentives and earnings.

Industry analysts see ride - hailing firms and delivery businesses as natural customers for the first autonomous vehicles, in part because the cars and trucks are expected to carry high price tags.

The measure, introduced by Republican Sen. Mike Ranzenhofer, is aimed at allowing ride hailing firms like Uber and Lyft to operate by June 29 in suburban and upstate communities.

The move benefitted rival ride - hailing firms like Lyft as well, but Uber has seen its presence expand at the state Capitol in recent years amid disputes with Mayor Bill de Blasio's administration as well as controversies surrounding the company.

London's transport chiefs announced plans on Wednesday to tighten control on private hire vehicles (PHV), a move that could hit app - based ride - hailing firms such as Uber.

Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the ride - hailing firms said on Monday, marking the U.S. company's second retreat from an Asian market.

Not exact matches

Startup - turned - superpower Uber, which sought to change how consumers hail taxis, is a firm because it presented the market with a new solution.

It was hailed as one of the most high - tech firms in real estate with every agent carrying a Blackberry or palm pilot.

Ironically, Gurley's venture capital firm, Benchmark Capital, is an early and actively supportive investor of ride - hailing company Uber, which has raised more than $ 8.2 billion and is valued at over $ 51 billion.

The ministry quoted Kim as hailing relations with China and stating that denuclearization was North Korea's «firm position.»

These top one percentile firms receive the best deal flow which comes down to having a team of partners who hail from entrepreneurial backgrounds, being ex-founder's matched by functional experts, who work tirelessly to grow their ecosystem and specifically their portfolio companies.

Uber, which has been valued at more than $ 51 billion, is a comparative latecomer in China, where the number of mobile taxi - hailing app users is forecast to triple to 45 million by 2015 from 2013, according to Chinese research firm iResearch.

Bhavish Aggarwal and Ankit Bhati, co-founders of cab - hailing app Ola; Binny Bansal, co-founder and group chief executive of e-commerce firm Flipkart; Kunal Shah, founder of mobile wallet firm FreeCharge; and Manish Patel, founder and CEO of payment solutions firm Mswipe, have also participated in the round.

Singapore's state investment firm Temasek is reportedly in separate talks for large investments in Indian ride - hailing company...

David Bonderman, an Uber board member and partner at private equity firm TPG, resigned from the board of the ride - hailing company after he made a disparaging remark about women at an Uber meeting on Tuesday.