cab-hailing
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News
All that you need to know on Uber’s run-up to its IPO
After a decade of disrupting urban mobility, Uber finally opens up for its initial public offering (IPO) at the NYSE on May 10.
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Uber buys Middle East rival Careem for $3.1 billion
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of…
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Uber may buy Middle East cab hailing rival Careem for $3.1 billion
Uber is in talks with Middle Eastern on-demand cab hailing rival Careem for an acquisition deal that is expected to be made public this week.
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Hyundai and Kia invest $300 million in India’s cab-hailing giant Ola
Hyundai, Kia and Ola will collaborate to develop fleet and mobility solutions, electric vehicles and infrastructure specific to the Indian market, they said in a…
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Uber planned on running 13,000 self-driving taxis by 2019
Recently uncovered case files from the Waymo vs Otto trade secret theft case, reveal Uber’s optimism with self-driving cars in 2016, which included the company…
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Uber’s robust growth makes up for losses, as company gears up for IPO this year
Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its extensive investment across different niche…
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Growth of ride-hailing market in the U.S. is strewn with uncertainties
Ride hailing companies are expanding services across various verticals like electric vehicles and autonomous driving cars, as growth of regular users in the cab hailing…
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Uber and Lyft: revenue growth in line as companies eye an IPO next year
Uber and Lyft saw a steady growth in revenue this quarter, as they continue to invest heavily in mobility sharing segments, with Uber forking out…
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