Uber

The Latest

  • Lyft Seeks Its IPO To Have A $23 Billiion Valuation
    The Lyft logo is seen on ride-hailing car in Manhattan in New York City
    Lyft, being the first ride-hailing firm to go public seeks to have a $23 billion valuation.
  • Lyft Holding Investor Roadshow To Help It Reach Its US$20 Billion Valuation Target After IPO
    Lyft IPO
    Lyft will reportedly be going around the United States to entice investors to place big bets in its upcoming IPO.
  • Grab Gets US$1.5 Billion Investment From Japanese Firm SoftBank Group
    Grab Ride-hailing Service
    Asia's popular ride-hailing service firm Grab has announced that it has received around US$1.5 billion in new investments from Softbank Group.
  • Uber Hong Kong To Launch Uber Flash Service Tuesday, Teams Up With Tin Shing Motors And Taxis To Gain Legal Status
    Uber Hong Kong To Launch Uber Flash Service Tuesday, Teams Up With Tin Shing Motors And Taxis To Gain Legal Status
    Uber in Hong Kong is launching its Uber Flash service Tuesday to bring back to Hong Kong commuters on-call, on-the-go, online cab-hailing services in the city. Cab riders and commuters will be able to hire UberX transport vehicles and taxis with this upcoming service.
  • Lyft Races Ahead with IPO Roadshow in March
    Beat Uber
    Lyft intends to beat Uber to IPO first at Wall Street.
  • Uber Loses $1.8 Billion In 2018, Earns $3 Billion In 4th Quarter
    Uber
    Uber has released its 2018 results, recording losses of $1.8 billion and $3 billion in revenue during the last quarter. The company has also filed a lawsuit against New York City for the state's decision to hold off on issuing licences to new drivers.
  • Uber ‘Self-Flying Taxi’ In Successful Flight Test
    Future flyer
    Uber's "flying taxi" has taken its first autonomous test flight, but it was just a brief take-off and landing.
  • New York To Give Uber And Lyft Drivers Minimum Wage Rate
    An UBER application is shown as cars drive by in Washington, DC.
    The prevalence of Uber and Lyft services may not be solved by thinning down the number of drivers as the demand for services remain high, but it seems some local cities have realized the importance of the drivers' livelihood.
  • Ride-share Drivers Need Another App to Maximize Earnings and Time
    Uber
    Ride-share apps such as Grab and Uber have made life easier for commuter although there are waiting times that some have to deal with. This can be blamed on the volume of people booking a ride although ride availability is also an issue.
  • Making Car Ownership 'Fair': New App Hopes To Replace Auto Loan Terms With Monthly Subscription Scheme
    Fair mobile app
    For this two-year old startup training its sights on shaking up the car financing market, their service is all about allowing people to drive cars without the burden of committing to pay for it. New mobile app Fair enables users to pick a used vehicle, process and approve the transaction, and coordinate details of the car's release with a few clicks on the smartphone. The service is entails a monthly subscription, way flexible than a lease, which runs up to three years at most, or an auto loan which can go as long as five to six years.
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