UBER

Uber, Hyundai team up to develop electric air taxi

[SEOUL] US ride-hailing company Uber Technologies and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday, joining the race for flying cars to ease...

Uber co-founder Kalanick leaves board of directors

NEW YORK (REUTERS) - Uber Technologies Inc's co-founder and former CEO Travis Kalanick will resign from its board of directors by the end of the year, the company said on Tuesday (Dec 24).

Uber nears deal for self-driving car simulation startup: report

[BENGALURU] Uber Technologies Inc is in advanced negotiations to acquire Foresight, a startup that develops simulation software, The Information reported on Monday citing a source familiar with...

Grab unaware of breaching M'sia competition laws with Uber buy

RIDE-HAILING unicorn Grab on Thursday said it has fully cooperated with the Malaysia Competition Commission (MyCC), and is unaware of breaching any Malaysian competition laws since its acquisition...

Grab says it has cooperated fully with KL watchdog

Singapore-based Grab Holdings said yesterday that it has "fully cooperated" with the Malaysia Competition Commission (MyCC) in its request for information and is not aware of any breach of...

Grab says Uber acquisition not in breach of competition laws as Malaysia watchdog steps up probe

SINGAPORE - Singapore-based Grab Holdings on Thursday (Sept 26) said that it has "fully cooperated" with the Malaysia Competition Commission (MyCC) in their request for information, and is not...

Expedia puts Asia front and centre in global push

ONLINE travel juggernaut Expedia Group plans to switch things up and push for its international operations, a big part of which also includes Asia, to grab the crown as the largest revenue earner...

Food delivery startup Glovo held early-stage talks with Uber, Deliveroo: sources

[LONDON] Spanish food delivery startup Glovo has drawn preliminary interest from Uber Technologies Inc and Deliveroo in recent months as the industry undergoes a wave of consolidation, people...

Uber names Melbourne as first non-US city for flying car programme

[WASHINGTON] UBER on Tuesday selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveiled new partners for the...

Why you should root for the Uber IPO to fail

UBER'S initial public offering (IPO) is yet another chance for Uber and its detractors to sell their competing ideas of what this company represents.

Uber's $6.58m fine suspended amid appeal

The $6.58 million fine levied against ride-hailing giant Uber for its merger with former rival Grab last year has been suspended pending its appeal, which will be heard later this year.