Posts filtered by tags: Uber[x]


Uber drivers are not employees since they own the cars, choose working hours, and can work for competitors: US labour agency

A federal US labour agency ruled in an ongoing case that Uber drivers are independent contractors and not employees. According to the agency, Uber drivers set their working hours, own their cars, and are free to work for Uber’s competitors, and hence cannot be considered employees under... ...
Tags: Travel, Uber, News, US, Policy, Intermediary Liability, Online Cab booking, Labour rights

Lyft riders can earn Hilton Honors

Earlier this year , both ride-sharing services Lyft and Uber announced rewards programs for loyal users. Lyft has now taken this concept a step further. The carpool service announced a partnership with hotel brand Hilton, offering riders points towards the Hilton Honors Rewards program with each ride. As of May 14, the money you spend getting around town can double as a down payment on your next hotel stay with participating Hilton brands. Every dollar you spend counts, up to $10,000 in a cale...
Tags: Travel, Lyft, Uber, Hilton, All, Hilton Honors, Hilton Rewards

Here's What You Need to Do to Take an Uber or Lyft at PDX Now

Figuring out the best mode of transportation for leaving an airport can be tricky, especially if your preferred method is using a rideshare app. Confusion starts when you try to pin yourself to the correct location, and continues as you wait to be connected to a car, then try to actually spot it, and finally navigate…Read more...
Tags: Travel, Lyft, Uber, Science, Airports, Ridesharing, This Is Better

Uber’s first day as a public company didn’t go so well

Ouch. Yikes. Oof. Sigh. Those are some of the friendlier phrases I imagine came out of the mouths of bankers, investors, executives and really anyone who has been paying close attention to Uber’s road to the stock markets today when the company debuted on the New York Stock Exchange below its initial public offering price. The ride-hailing business (NYSE: UBER), previously valued at $72 billion by venture capitalists, priced its stock at $45 apiece for a valuation of $82.4 billion on Thursday...
Tags: Travel, Fundings & Exits, Transportation, Uber, Money, Finance, Economy, Venture Capital, Commuting, Carsharing, Initial Public Offering

Uber settles disputes with thousands of US drivers ahead of IPO; says use of cash raises concerns in India and elsewhere

Ride-hailing company Uber revealed in a regulatory filing on the eve of its IPO that it has reached settlements with tens of thousands of US drivers over their employment status, and expects to spend $146 million to $170 million on the settlements. The company also said that the use of cash in... ...
Tags: Travel, Mobile, Uber, News, Internet, Ipo, India, US, Settlement, Online Cab booking

Uber begins trialing e-bikes and bicycles rides in India

Uber has partnered with bicycle sharing platform Yulu in India as it looks to grab a piece of the growing e-bikes market that is increasingly posing a challenge to taxi services in the nation. The San Francisco-headquartered firm, which is expected to go public later this week, said it will provide its users in Bengaluru with Yulu’s e-bikes and bicycles as part of a pilot. The announcement, financial details of which were not disclosed, comes days after users in Bengaluru began to spot Yulu’s...
Tags: Travel, Startups, Transportation, Uber, Asia, Southeast Asia, India, Softbank, San Francisco, Automotive, Uber India, Flipkart, Hyderabad, Bengaluru, Amit Gupta, Inmobi

Lyft lost $1.14B in Q1 2019 on $776M in revenue

In its first-ever earnings report as a public company, Lyft (NASDAQ: LYFT) failed to display progress toward profitability. The ride-hailing business, which raised $2 billion in a March initial public offering, posted first-quarter revenues of $776 million on losses of $1.14 billion, including $894 million of stock-based compensation and related payroll tax expenses. The company’s earnings surpassed Wall Street estimates of $740 million while losses came in much higher as a result of IPO-related...
Tags: Travel, TC, Transportation, Lyft, Uber, Pinterest, Green, Transport, Earnings, Commuting, The Wall Street Journal, New York Stock Exchange, Carsharing, Goodwater Capital, Initial Public Offering, Alphabet

PayPal announces $500 million investment in Uber ahead of ride-hailing firm’s IPO

PayPal revealed on Friday that it plans to invest $500 million in Uber ahead of the ride-hailing firm’s much-anticipated initial public offering (IPO). It also extended the partnership between the two companies, which goes back to 2013. As part of the extension, PayPal will look into “future... ...
Tags: Travel, Uber, News, Ipo, Investment, Paypal, Payments, Online Cab booking

Uber APAC head Amit Jain quits; EMEA head Gore-Coty to take over

Uber’s APAC head Amit Jain is leaving the company a year after he was elevated to the role, and roughly three years after he came onboard. Jain will leave Uber at the end of May to spend time with his family before taking “the next step in his career”. Pierre-Dimitri Gore-Coty,... ...
Tags: Travel, Uber, News, Jain, EMEA, APAC, Amit Jain, Industry Moves, Online Cab booking, Gore Coty

Uber IPO breakdown: Challenges in India — local competition, driver protests, background checks, pricing regulation, cash payments

Stiff competition worldwide; food delivery competition in India from Swiggy and Zomato Uber notes that its competitors have the capital to offer discounted services, driver incentives, consumer discounts & promotions, innovative products and offerings, and alternative pricing models. Some... ...
Tags: Travel, Mobile, Uber, News, Internet, Ipo, India, Swiggy, Online Cab booking, IPO Bid

April Fools’ Day, rebuilding edtech, and trash fires

Guest writing for Extra Crunch / TechCrunch We have published a smattering of interesting guest posts on TechCrunch and Extra Crunch from experts in their fields who want to spread their smart ideas to more people. Know someone who is brimming with ideas that deserves a larger platform? Definitely drop us a line and read what we are looking for. Remote workers are the next “tech hub” We have a provocative argument from Sherwood Morrison about , which is near-and-dear to my heart. Morrison w...
Tags: Travel, Google, Uber, San Francisco, Pokemon, Morrison, Niantic Inc, The Extra Crunch Daily, Sherwood Morrison

Uber acquires Careem, and by extension, bus aggregator Commut in India

Uber has acquired Careem, its Middle East competitor, for $3.1 billion — $1.4 billion in cash and $1.7 billion in convertible notes, reports Reuters. According to the report, Uber and Careem had been in negotiations for the last 9 months. Bloomberg had reported in July last year that Uber was... ...
Tags: Travel, Uber, News, Internet, India, Bloomberg, Middle East, Transport, Mergers & Acquisitions, Logistics, Careem, Reuters, Bus aggregator

Unicorns aren’t profitable — Wall Street doesn’t care

In Silicon Valley, investors don’t expect their portfolio companies to be profitable. “Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies,” a bible for founders, instead calls for heavy spending on growth to scale in an Amazon -like fashion. As for Wall Street, it’s shown an affinity for stock in Jeff Bezos’ business, despite the many years it spent navigating a path to profitability, as well as other money-losing endeavors. Why? Because it too is far less concerned...
Tags: Travel, Google, Amazon, Fundings & Exits, Startups, TC, Facebook, Lyft, Uber, Pinterest, Wall Street, Groupon, Venture Capital, Silicon Valley, WeWork, Jeff Bezos

Ola and Uber to set up more kiosks at Delhi Metro stations: report

The Delhi Metro Rail Corporation (DMRC) has tied up with Ola and Uber to set up kiosks at multiple metro stations, reports the Times of India. The DMRC is looking to set up these kiosks at 218 of its 271 metro stations, in 400 identified spaces, which would be leased to these companies, the report... ...
Tags: Travel, Mobile, Uber, News, Internet, Transport, Delhi, Ola, Delhi Government, Times of India, Delhi Metro, DMRC, Online Cab booking, Delhi Metro Rail Corporation DMRC

A new writing project - Secret Diary of an Uber Driver

Lately, I have been using this app called Headspace to meditate and get sleep. While meditation is a guided "lesson" in one or more disciplines of life, sleep is where I listen to bedtime stories that have soothing voiceovers, ambient noises that humans like when they sleep and calming non-commital stories. You know how those old nannies would sing a lullaby? You know soft kitty, warm kitty? That!So, one of the sleep stories on Headspace is a mid-night scene from a Laundromat. In that, its the s...
Tags: Travel, Uber, Sleep, Writing, Project, Headspace, Forrest, Lem, Sdud

NAMA Digest: Developments at Oyo, Twitter, Amazon, YouTube, Facebook and more

A quick roundup of the developments in the Indian and international digital, tech and business ecosystem. Developments in the digital ecosystem Oyo will pump in $200 million in its India and South Asia business to focus on expansion and customer experience, the company said in a statement. It has... ...
Tags: Travel, Mobile, Facebook, Uber, Twitter, News, Internet, Youtube, Investments, India, Amazon Prime, Policy, Regulation, Britain, South Asia, Quikr

Nigeria’s drops consumer e-commerce, pivots to e-procurement

Nigerian startup is dropping consumer online retail and pivoting to B2B e-procurement with Gloopro as its new name. The Lagos based venture has called it quits on e-commerce grocery services, shifting to a product that supplies large and medium corporates with everything from desks to toilet paper. Gloopro’s new platform will generate revenues on a monthly fee structure and a percentage on goods delivered, according to Gloopro CEO D. O. Olusanya. Gloopro, which raised around $1 million i...
Tags: Travel, TC, Uber, Business, Nigeria, Africa, Articles, Spokesperson, Unilever, E-commerce, Economy, Egypt, South Africa, Morocco, Kenya, Online Retail

NAMA Digest: Developments at Delhivery, Zomato, Paytm, Hotstar and more

A quick roundup of the developments in the Indian and international digital, tech and business ecosystem. Funding & investments Softbank has invested $350 million in logistics company Delhivery via its Cayman Islands entity SVF Doorbell (Cayman), reports the Economic Times. Delhivery has issued... ...
Tags: Travel, Mobile, Facebook, Ecommerce, Uber, News, Instagram, Privacy, Internet, Investments, Softbank, Netflix, Mergers & Acquisitions, Zomato, Flipkart, UPI

NAMA Digest: Developments at Paytm, Uber, IRCTC, Ola and more

A quick roundup of the developments in the Indian and international digital, tech and business ecosystem. Paytm has partnered with the Noida Traffic Police to enable digital challan payments for traffic rule violators. Paytm claims to have processed 2 million transactions in the 5 states it... ...
Tags: Travel, Google, Uber, News, Internet, Youtube, Investments, Policy, Electric Vehicles, Zomato, Airtel, Ola, Paytm, Volte, Digital Payments, IRCTC

Pinterest files confidentially to go public

Visual search engine Pinterest has joined a long list of high-flying technology companies planning to go public in 2019. The business has confidentially submitted paperwork to the Securities and Exchange Commission for an initial public offering slated for later this year, according to a report from The Wall Street Journal. Pinterest declined to comment. Founded in 2008 by Ben Silbermann, earlier reports indicated the company was planning to debut on the stock market in April. In late January...
Tags: Travel, Fundings & Exits, Startups, Lyft, Uber, Pinterest, Ipo, Venture Capital, Tokyo, Goldman Sachs, Andreessen Horowitz, Ben Silbermann, Securities And Exchange Commission, Bessemer Venture Partners, Jpmorgan, JPMorgan Chase

Noida Police FIR against Uber for negligence, poor police verification for drivers

The Bisrakh Police Station in Noida has filed an FIR against Uber under the Section 336 (Act endangering the life or personal safety of others) of the Indian Penal Code, reports the Indian Express. This has been filed for negligence, the lack of a real-time monitoring system and failing to do... ...
Tags: Travel, Mobile, Uber, News, Internet, Police, Government, Noida, Online Cab booking, UP Police, Police Verification, Bisrakh Police Station, Indian Penal Code

Developments in the digital ecosystem today

A quick roundup of the developments in the Indian and international digital, tech and business ecosystem today:  P2P fintech RupeeCircle has signed a deal with TATA AIG General Insurance Company; RupeeCircle loans will be insured against accidental death, disability, and job loss. Video company... ...
Tags: Travel, Mobile, Uber, News, Internet, Youtube, Investments, Wifi, Taboola, Aadhaar, The Hindu, Digital Payments, BSNL, Girnar Software, T-Series, RupeeCircle

Uber sues NYC govt over cap on number of vehicles; India next?

Uber is suing the New York City government over its decision to put a one-year cap on the number of cabs available on its streets, reports Wired. Uber called the decision anti-competitive, overreaching and short of insight on how to deal with traffic. It also added that the cap prevented drivers... ...
Tags: Travel, Mobile, Uber, News, Internet, India, New York City, Policy, Transport, Online Cab booking

Update: Uber Driver Sentenced to Life in Prison for Murder Spree While Working

After Jason Brian Dalton plead guilty to killing six people almost three years ago while working as a driver for Uber, he was sentenced to six counts of mandatory life in prison without the possibility of parole by Alexander Lipsey, who is a judge in the Kalamazoo County Circuit Court and presided over the case. Dalton was 45 years old at the time when he picked up riders, took fares, and dropped them off between the shootings of random victims which occurred during a period of nearly five hours...
Tags: Travel, Uber, News And Weather, Dalton, Jason Brian Dalton, Kalamazoo County Circuit Court, Alexander Lipsey

Developments in the digital ecosystem today

A quick roundup of the developments in the Indian and international digital, tech and business ecosystem: Funding and revenues Open, a fintech standards and data startup, has raised $5 million in Series A funding from Beenext, Speedinvest and 3one4 Capital. Oyo has raised $100 million from Didi... ...
Tags: Travel, Amazon, Uber, News, Internet, Youtube, Investments, Zomato, Samsung Pay, UPI, TechCrunch, Open, Amazon Prime Video, Oyo, Shemaroo, Digital Payments

NAMA Digest 4: Developments at Amazon, Swiggy, Uber, Spotify and more

By Trisha Jalan and Sneha Johari Amazon has reduced its seller commissions by 35% for fashion sellers and 50% for some FMCG categories to increase sales from independent sellers, reports the Economic Times. Last week, we reported that over a dozen small sellers had exited or suspended their... ...
Tags: Travel, Amazon, Ecommerce, Uber, Spotify, News, Internet, Youtube, Investments, Zomato, Opera, Itc, Rivigo, Trai, Swiggy, RBI

Lyft says it has more wheelchair accessible vehicles available in NYC

Lyft, which has faced at least one lawsuit pertaining to its alleged discrimination against people with physical abilities, announced today it has expanded its wheelchair accessible vehicle (WAV) service in New York City. Details on the blog are very scarce (we’ve reached out to Lyft for more info) but Lyft now has more than 20 partners in New York City to help increase WAV access. “With more accessible rides on the road, we’ll be better able to help New Yorkers with physical disabilities get...
Tags: Travel, TC, Transportation, Lyft, Uber, New York, California, New York City, Accessibility, San Francisco Bay Area, Alameda County Superior Court, New York City Details, Previously Lyft, MV Transportation Uber

Mixtape podcast: Instacart’s apologetic week

It’s that time of the week again when Megan Rose Dickey and I talk about the good and could-be-better tech companies. This week, we talked about Instacart  href="">getting caught shorting its shoppers out of dough they rightfully deserved. Of course the company apologized for its “misguided” approach. Which at least sounds better than apologizing for getting caught — and getting caught, the company d...
Tags: Travel, Apple, TC, Uber, Scooters, Instacart, Jump, Megan Rose Dickey, Tyra Banks, Santa Monica California, San Francisco The City, TechCrunch Mixtape, Modelland

Uber Freight co-founders and top dealmakers join logistics startup Turvo

Last year, Charlie Bergevin and Brian Cristol, co-founders of Uber’s trucking logistics business Uber Freight, heard Reid Hoffman say Turvo had some of the best technology he had ever seen. Frustrated with the direction Uber Freight had taken, they called up Turvo’s founder and chief executive officer Eric Gilmore. It wasn’t long before offers were on the table and now, they’ve joined Turvo full-time. Cristol as  head of enterprise partnerships and Bergevin as an  enterprise partnerships exe...
Tags: Travel, Startups, Transportation, Uber, Reid Hoffman, Brian, Travis Kalanick, Logistics, Felicis Ventures, Slow Ventures, Cargo, Chang, Charlie, Bergevin, Eric Gilmore, Lior Ron

NAMA Digest 3: Developments at WhatsApp, Paytm, BSNL, Grofers and more

Messaging services WhatsApp claimed in a blog post that its business platform ‘WhatsApp Business’ has gathered 5 million partners within a year of its launch. WhatsApp will become available on web & desktop with these features: Quick replies: Ready answers to commonly asked questions, to be... ...
Tags: Travel, Apple, Google, Amazon, Uber, News, Microsoft, Whatsapp, Netflix, Telecom, Foodpanda, Iot, Zomato, Airtel, Slack, Ola

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