June 07, 2015
India: Uber taxis seized in Delhi
Delhi police said 120 ride-hailing taxis linked to Uber Technologies and two Indian operators have been impounded, as the companies did not have licenses to operate. The drive against these...
May 31, 2015
US: Uber pushes back against NYC regulators
Representatives of Uber and Lyft warned Friday that a New York City effort to regulate app-based ride-hailing services will stall innovation and threaten competition. The regulations “will be crushing to...
May 18, 2015
Icahn Hitches A $100 Million On Lyft
Lyft has secured another big investment — this time from billionaire activist Carl Icahn. The ride-hailing company announced Friday (May 15) that it has secured $150 million in funding, which is...
May 07, 2015
Uber Teams With UK P2P Lender To Finance Cars
While Uber continues to face regulatory pressures in the U.S. (and abroad), in London it has formed a unique partnership with the peer-to-peer lending service Zopa to help drivers gain...
April 22, 2015
Uber Drives Cashback Rewards For Capital One
Uber has already gained a reputation for offering consumers cheaper cab options, but as of yesterday (April 21), the ride-hailing company secured a partnership to help some riders earn cash...
March 16, 2015
Tencent Follows Amazon Onto Alibaba’s Tmall
Tencent and Alibaba have always had fierce competition in the eCommerce space — usually with Alibaba taking the lead above its trailing counterpart. Now, it appears, Tencent has flipped sides and...
February 16, 2015
Who Gets Paid In Alibaba, Tencent Ride-Hailing App Merge?
Despite a fierce rivalry in all other areas, Chinese mobile payment giants Alibaba and Tencent have agreed to a rare truce in the taxicab industry, according to The Wall Street Journal, as...
February 03, 2015
Once Investor, Google Looks To Take On Uber
Is Google waging a war on Uber? Early signs say yes. Google Ventures was once Uber’s biggest supporter, backing the ride-hailing app with $258 million in 2013. Now Uber faces a...
September 09, 2014
Uber’s Compromise In India To Appease Regulators
Global ride-hailing company Uber is scrambling to find payments partners in India to meet new mobile-payments regulations that go live on Oct. 31, India’s Economic Times reported. The most likely...