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UBER BLACK EXPANSION
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- Uber misses on profit outlook, names new CFO for robotaxi futureThe executive, Balaji Krishnamurthy, has been with Uber for more than six years and is currently vice president of strategic finance and in...
- Uber to double its premium service Uber Black fleet this yearUber plans to double the size of its premium Uber Black fleet in India by 2026, responding to rising demand for high-end mobility. The comp...
- Uber accelerates premium ride push in India with 'Black' expansionUber is expanding its luxury ride service, Uber Black, in India. The company plans to double its fleet size by 2026 in Delhi, Mumbai, and B...
- Uber invests in CarDekho-backed fleet management startup CarrumUber has made a strategic investment in Gurugram-based fleet operator Carrum, though financial details were not disclosed. The startup will...
- Uber reintroduces Black: A look at its ten-year product journey in IndiaUber is reintroducing its premium service Uber Black in India after nearly a decade. This move aligns with the rising demand for luxury ser...
- Uber’s Europe business is at risk after London revokes licenseUber’s rapid growth in London, where it says it has 3.5 million regular users, was seen as a success story for the company’s expansion outs...
- After Australia, Ola eyes the UK market“Ola is excited to announce its plans for the UK, one of the world’s most evolved transportation markets,” said Bhavish Aggarwal, chief exe...
- Ola met London transport regulator last year as Uber's rivals muscle in to lure passengersEU’s top court in December ruled Uber must be regulated as a transportation service, a blow to the company’s attempts to avoid taxi rules.
- Ola to go for business restructuring to step-up focus on core-taxi serviceThe company, which shut Ola Cafe and Ola Store earlier in March, may have to lay off a few employees, especially in these categories as par...
- US-based Uber in top gear, catching up fast with its rival OlaUber has been growing its network of drivers at a faster pace and ferrying more passengers, data obtained from the companies and investors ...
- Radio cabs & taxi aggregators like Meru, Uber, in acquisition mode with eye on certified driversWhilst acquisitions will help give players scale and reduce the number of competitors, it will also give buyers access to one key resource:...
- Uber officials to be questioned in cab rape caseUber's GM (Marketing) Gagan Bhatia, who claims to be the in-charge of the India operations, has not been able to provide much information t...
- Uber, Ola, TaxiForSure banned in Delhi until they get licence; Other states may follow suitDelhi Transport Dept issued a notice saying only Mega Cabs, Meru Cabs, Easy Cabs, Chanson, Yo Cabs, Air Cabs were licensed to operate taxis.
- Delhi Police considers filing FIR against Uber in rape caseCops consider filing an FIR against Uber as investigators probing rape of 27-yr-old woman have found "criminal negligence" & "abetment" to ...
- Riding on the success of taxi aggregation, cabbies like Uber, Ola Cabs, Bookmycab gaining foothold in marketThe high valuations and size of the market are the major drivers for the entry of traditional businesses in taxi aggregation service.
- Uber gears up to drive into four more citiesIndian taxi service providers are taking the fight to Uber by banking on their first-mover advantage and the large fleet to create a barrie...
- Global taxi-hailing app Uber in talks for fresh fundingThe talks of fresh round of funding comes less than a year after the five-year-old co raised $258 million at $3.5 billion valuation in Aug ...
- Online taxi players Olacabs and TaxiForSure race for space on the roadOlacabs and TaxiForSure, both startups are seeing 30% month-on-month growth in transactions and are looking to expand their network.
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