Tag: Uber
Uber’s Didi Plummets As China Continues US Crackdown
Uber’s stake in Didi shrank by $2 billion this week amid China’s crackdown on U.S. listings. In less than one month, the ride-hail giant’s...
Uber To Buy Logistics Planner Transplace For $2.25B
Uber's trucking business is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital, in a deal that is...
India Dismisses Antitrust Claims Against Uber
The Competition Commission of India (CCI) has rejected the allegations of antitrust violations made against Uber by cab aggregator Meru. According to the recent...
Uber’s Nahar Tapped To Run Goldman’s Marcus Division
An Uber Technologies executive has been hired away by Goldman Sachs to operate the latter company’s digital banking division, Marcus, The Wall Street Journal reported.
Peeyush Nahar is scheduled to come on...
UK Regulator Clears Uber’s Takeover Of Autocab
Britain’s competition watchdog announced on Monday, March 29, that it had cleared Uber’s takeover of UK tech firm Autocab, a taxi booking and dispatch...
Uber Faces Class Action Suit In South Africa
Mbuyisa Moleele Attorneys, assisted by Leigh Day, are preparing a class action lawsuit to be filed in the Johannesburg Labour Court against Uber on...
Uber To Change Business Models To Meet UK Regulation
In a ruling across the pond that is sure to have ripple effects across the globe, the United Kingdom’s Supreme Court ruled on Friday,...
UK Top Court Rules Uber Drivers Are Workers
Uber drivers must be treated as workers rather than self-employed, the UK's Supreme Court has ruled, reported BBC. The decision could mean thousands of...
Uber Promises Better Rights For Gig Workers In Europe
Uber Technologies Chief Executive Officer Dara Khosrowshahi said he was “ready to do more and go much further” to improve social protections for so-called...
South Korea OKs Taxi-Uber Joint Venture
South Korea's corporate watchdog said Wednesday it has approved a move by SK Telecom's mobility spinoff to launch a taxi-hailing joint venture with Uber...
