A startup's alternative to Uber: Employing its own driversDallas-based start-up Alto is aiming to challenge the dominant ride-hailing model by offering a safer and higher-quality service. Unlike Ub...
06 Oct, 2023, 10.57 AM IST
Uber and Lyft drivers’ complaints are a startup opportunityAmong them are Dallas-based Alto, which hires drivers as employees and gives annual compensation. Empower, based in McLean, Virginia, and W...
21 Aug, 2022, 05.14 PM IST
View: Do we really need to rejig the gig economy?The Covid-19 pandemic has caused businesses to dry up. Which is why equity is an immediate concern. However, court rulings that tinker with...
12 Mar, 2021, 11.59 PM IST
Apps win, labour frets after Uber-led 'gig worker' measure passesRideshare and delivery apps matching tasks with those willing to perform them as independent contractors sidestepped a labor law with the p...
08 Nov, 2020, 10.56 AM IST
Uber, Lyft spend big, win in California vote about driversThe titans of the so-called gig economy bankrolled the most expensive ballot measure in state history, which was decided Tuesday with 58% o...
04 Nov, 2020, 06.14 PM IST
Uber's new pricing model charges some passengers moreIt’s a break from the past, when Uber calculated fares using a combination of mileage, time and multipliers based on geographic demand.
27 May, 2017, 12.37 PM IST
Uber reports financial numbers for first time, shows it's a cash-burning machineUber more than doubled gross bookings in 2016 to $20 billion, acc to report. Net revenue was $6.5 billion, while adjusted net losses were $...
15 Apr, 2017, 02.28 PM IST
For Uber, Ola drivers, big dreams come to a screeching haltGlut of app-based cabs, frequent discounts and fewer incentives weigh heavily on earnings of drivers of Uber and Ola, writes Shailesh Menon.
17 Nov, 2016, 02.57 PM IST
Juno, a ride-hailing startup, wants to kill Uber with kindnessJuno has had early success, although it is still a very small player compared to Uber and Lyft , Uber's biggest US competitor.
27 Oct, 2016, 10.14 AM IST
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 ...
03 Nov, 2015, 06.30 AM IST
Uber to appoint India CEO soon, will have multi-seater leadershipUber, which is valued at over Rs 2.4 lakh cr, has grown swiftly in India since its launch in Bengaluru in 2013 — it is now present in 12 ci...
15 Apr, 2015, 04.00 AM IST
Uber flags surge pricing for partygoers but Ola, TFS keep rates steadySurge pricing is a mechanism by which Uber raises prices when the supply of cars gets tight. This is then lowered when demand goes down.
31 Dec, 2014, 04.38 PM IST
Professionals are signing up as part-time drivers with taxi app companies to supplement incomesThese part-time drivers are employed in other professions & have valid commercial vehicles. They use the extra money to finance their passi...
24 Dec, 2014, 02.58 PM IST
Uber needs to ensure passengers safety, says Yahoo chief Maynard Webb"Frankly, as bad as that situation is, that same thing could happen with a driver in the US here," Yahoo chairman Maynard Webb said.
11 Dec, 2014, 01.12 PM IST
Ola, Uber adopting a surge pricing policy to manage rush hour demandDrivers using the Uber platform love surge pricing, with at least five of them saying they were motivated to log in during rush hours.
17 Nov, 2014, 07.56 AM IST
Uber to invest $400 million in India to grow business, expand and hire“It is likely to use the cash to strengthen presence where it has a footprint, expand to newer cities and to aggressively hire,” said one s...
13 Nov, 2014, 07.53 AM IST
Indian radio cab operators Meru Cab, Easy Cabs allege FEMA violation by Uber; say flouting RBI norm on credit card transactionsIndian radio taxi providers alleged that the San Francisco startup Uber stores passenger creditcard details on its system.
09 Aug, 2014, 04.01 AM IST