With 22-24% stake, Japanese conglomerate becomes single largest investor in the EV unit.

Uber India Systems, which provides marketing & support services to firm, posted revenues of Rs 533 crore for year ended March 2018.

UberEats has grown seven fold in order volume in the past six months in India where it adds over 4,500 delivery partners each week

Customers of cab aggregators like Uber and Ola may also witness long waiting and surge pricing due to shortage of cabs.

Ola’s rival Uber has been present in Australia since 2015, along with Australian ride hailing competitor GoCatch which is backed by Austral...

EU’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.

The taxi aggregator, which recently completed 500 million trips in India after four years in the country, said it achieved 9.4 million trip...

Ola's autorickshaw service, started nearly three years ago, contributes about 15% to co's revenue

"What we need to figure out is how do we create a level-playing field. How do we ensure news or restaurant apps don't get prematurely kille...

In Mumbai, brothers Nikhil and Vikesh Agrawal, the founders of ride-sharing startup LiftO, are similarly bullish on their prospects.

ET had reported, earlier in December, that Uber India Systems, which provides marketing and support services to Uber, posted a 442% jump in...

After Uber sold off its China operations to Didi Chuxing earlier this year, it has further accelerated its efforts in India, which is now i...

Industry sources said it was suggested to the road transport ministry that allowing such taxis to attach with app-based operators will help...

Aggarwal contends Ola has a better grasp of how to operate in a country with infrastructure challenges like nowhere else.

“This round will be utilized to support the payroll of our team. The company will add e-commerce and entertainment under the categories,” s...

Deals and price comparison app Voodo has raised USD 1 million (around Rs 65 lakh) from Saif Partners in a seed funding round.

San Francisco based Uber will bear the price cut and drivers will continue to continue to get normal rates till an undisclosed date.