August 02, 2022
China Fines $1.2 Billion For Violating Data Security Laws
China’s cybersecurity regulator fined Didi Global Inc. $1.2 billion on July 21 for violating cybersecurity and data laws, drawing to a close a year-long probe into the ride-hailing giant. The...
August 02, 2022
Uber’s Delivery Gains Place Platform Squarely in Amazon’s ‘Last Mile’...
For Uber, its platform is the launching pad, the point of pivot that helps the company broaden its horizons, branching out beyond ride-hailing. And with its continued surge in deliveries...
July 29, 2022
Alibaba Gets Closer to U.S. Delisting
China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits. As Bloomberg reported Friday (July...
July 29, 2022
Uber Unveils Driver Perks, Debit Card
Uber has introduced a pair of features it said are designed to provide more flexibility and opportunities for the company’s drivers. According to a Friday (July 29) news release, the...
July 29, 2022
Nigeria’s Underbanked Gig Workers Flock to One-Stop-Shop Financial Platforms
It’s been over a decade since Uber first launched its ride-hailing app in San Francisco, and in the years since, the notion of the gig economy has come to define...
July 27, 2022
MENA Food Delivery Service Bucks Global Downward Trend as Europe...
The food delivery space has been having a rough time lately, particularly in Europe. Since the beginning of the year, U.K.’s Deliveroo and German online delivery service Delivery Hero have...
July 25, 2022
Beijing Fines Didi Over Data Laws
China has fined ride-hailing group Didi Chuxing Rmb8bn ($1.18bn) and hit its founders with additional penalties over “serious” and “vile” breaches of the country’s data security laws. The Cyberspace Administration...
July 25, 2022
Uber, Moove Team to Drive Expansion in India
Africa-based mobility FinTech Moove is partnering with rideshare and delivery platform Uber to drive expansion into India as part of Moove’s effort to grow its footprint around the globe, according...
July 20, 2022
Could Super App Users Spell the End of Germany’s Cash-Heavy...
It has frequently been observed that German consumers are an anomaly among their northern European neighbors due to their comparably high preference for cash. For example, a 2020 European Central...