Tesla flops, Uber soars: Investors flee from Elon Musk’s Robotaxi dream!
Shares of Uber Technologies (NYSE: UBER) skyrocketed this week, reaching an all-time high. This surge comes after Tesla's much-anticipated robotaxi unveiling, a highly publicized event ... Read More
Uber Technologies to procure 25,000 of XPREST EVs from Tata Motors
American ride hailing company Uber Technologies has signed a memorandum of understanding (MoU) with Tata Motors to bring 25,000 electric vehicles (EVs) onto its platform ... Read More
Uber to acquire on-demand alcohol marketplace Drizly for $1.1bn
Uber Technologies has agreed to acquire US-based on-demand alcohol marketplace Drizly in a stock-cum-cash deal worth around $1.1 billion. Drizly operates in 1,400 plus cities ... Read More
Uber to acquire majority stake in Chilean online grocery company Cornershop
Ridesharing company Uber Technologies has agreed to acquire a majority stake in Cornershop, a Chilean online grocery company for an undisclosed price, as per the ... Read More
ComfortDelGro to buy $475m stake in Uber’s Singapore car rental company
Uber ComfortDelGro deal : ComfortDelGro Corporation has agreed to buy a stake of 51% in Lion City, a Singapore car rental company in a deal ... Read More
Uber to go ahead with SoftBank deal, to reveal pricing next week
Transport industry news : Ride hailing company Uber Technologies intends to go forward with a deal that will see Japanese technology conglomerate SoftBank Group Corporation ... Read More
Uber ban in London : Transport regulator says Uber is “unfit” for private hire operator licence
Uber ban in London : In a massive blow to US-based Uber, the taxi services company’s five-year operating license in London will not be renewed ... Read More