U.S.-based ride-hailing company Uber announced on Tuesday that it is implementing a set of measures to raise …
ride-hailing
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Tech news
Uber Board Considers 3 Investment Offers to Buy Company’s Shares
by Yomna Yasserby Yomna YasserUber’s board has voted to move forward on proposals by two investment groups to buy shares in …
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Tech news
China’s Uber rival Didi making a move in Middle East and North Africa
by nada nasserby nada nasserChinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and …
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Tech news
Uber incurred more than $800 million in third quarter 2016
by Ghada Ismailby Ghada IsmailPrivately held ride-hailing company Uber Technologies Inc lost more than $800 million in the third quarter, Bloomberg …
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Tech news
Careem app says closes first part of $500 mln funding round
by Ghada Ismailby Ghada IsmailRide-hailing app Careem has closed the first part of a $500 million funding round backed by investors …
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Tech news
BMW seeks to be ‘coolest’ ride-hailing firm with autonomous car
by Ghada Ismailby Ghada IsmailBMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing …
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Tech news
Didi Chuxing invests ‘tens of millions’ in Chinese bike-sharing platform
by Noha Gadby Noha GadChinese ride-hailing service Didi Chuxing on Monday said it has invested “tens of millions of dollars” in …
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Tech news
Uber rival Grab partners with driverless car firm in Singapore
by Ghada Ismailby Ghada IsmailUsers of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners …
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Renault SA and Nissan Motor Co announced on Tuesday they would buy French software development company Sylpheo …
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Ride-hailing companies Uber [UBER.UL] and Careem have suspended services in Abu Dhabi, the capital of the United …