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UBER GROWTH 2024
Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.- Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fearsThe victory could provide a model for similar campaigns gaining traction in states including California and Illinois, where labor organizer...
- Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. 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 CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala SitharamanUber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadru...
- Anu Sharma goes viral after leaving Google for Palantir; Indian techie sparks buzz online for her bold switchAnu Sharma goes viral (Google Trends): Anu Sharma, a talented Indian software engineer, has captured widespread attention after quitting he...
- WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...
- Uber says bike taxis not eating into autos; calls for 'sensible' regulationIn a blog post, Uber’s policy and research team said that in Bengaluru and Mumbai — two key markets where bike taxi services were paused fo...
- Of rides & rivals: Travis Kalanick on Uber’s capital strategy, competition with LyftTravis Kalanick said the Uber–Lyft rivalry became a battle for venture capital as much as riders. Uber used fundraising as a strategic weap...
- Uber Q3 earnings show strong growth but $479 million legal hit cuts profitUber’s latest earnings showed strong growth in rides and revenue but faced a big legal expense that hurt profits. The company still reporte...
- Uber targets 4,500 intercity cab service routes in 2026; to introduce motorhomes with toilets in Delhi-NCRUber also announced the launch of Uber Intercity Motorhomes -- a limited-period offering from August 7 to September 6, that can be booked f...
- Two and three wheelers rides in fast lane for UberUber witnesses a shift in India. More customers now prefer two and three-wheelers. This trend highlights the demand for affordable transpor...
- Uber to offer logistics services through ONDC networkUber is set to introduce B2B logistics through the ONDC network, initially focusing on food deliveries before expanding to other sectors li...
- Uber partners with ONDC to offer metro ticket booking serviceUber has partnered with ONDC to integrate metro ticket booking, starting with Delhi Metro, and plans to expand to three more cities. The co...
- Taking on Porter, Uber launches logistics service Courier XL for delivery of large goodsUber has launched Courier XL in Delhi NCR and Mumbai, enabling delivery of large goods up to 750kg using three- and four-wheelers. Aimed at...
- Uber to buy controlling stake in Turkey's Trendyol GO food delivery business for $700 millionThe stake purchase from Turkish e-commerce firm Trendyol Group gives Uber control of a platform that serves customers nationwide, deliverin...
- Mumbai pips Delhi as most forgetful city, Uber riders left behind wedding saree, gold biscuitMumbai has overtaken Delhi as India's most forgetful city for Uber riders, with unique items like wedding sarees and gold biscuits left beh...
- Should you follow suit? Here's why billionaire Bill Ackman bought $2.3 billion worth of this stockBillionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman ...
- Uber India records highest-ever intercity trip bookings in 2024, fuelled by surge in travel demandUber India's Intercity ride service has witnessed record bookings in 2024, exceeding the previous year's figures. Improved road infrastruct...
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