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COVID IMPACT ON UBER
Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...- Uber appoints Arnab Kumar director of business development for India & South AsiaKumar has had previous stints at cryptocurrency exchange Coinbase, investment fund Prosus Ventures, and at Indian think tank Niti Aayog, wh...
- Uber brings back ride-sharing; launches ‘Group Rides’ for users headed to the same destinationWhile sources aware of the development said that Uber has shelved any plans to bring back Pool for the foreseeable future, Group Rides, wit...
- Uber unlocked Rs 44,600 crore in economic value for India in 2021India is among the largest markets for Uber, with 600,000 monthly drivers and 8.5 million monthly riders.
- Uber sees gradual return of US drivers, modest decrease in wait timesUber Technologies said the week to May 17 marked a new record for drivers returning to the road since the start of 2021, with active driver...
- India rides business 'adversely affected' by second Covid-19 wave, says Uber chiefUber CFO Nelson Chai said the growth in the US and other international markets would offset the headwinds being faced in India and Brazil.
- Contributions continue to pour in from domestic, foreign firms in fight against COVID-19Social media timelines are filled with SOS calls with people looking for oxygen cylinders, hospital beds, plasma donors and ventilators. Or...
- Ride-hailing bounces back to 63% of pre-covid levels: Redseer reportThis recovery in rides is being led by autos and bike taxis, which recovered to 83% and 62% of their pre-pandemic levels, respectively, in ...
- Uber, Ola and Meru look to get back on track via corporate tie-upsCost and convenience were the main reasons why corporates signed up with an Ola, Uber or Meru prior to the pandemic, but now their biggest ...
- Covid effect: Fat packages may not land in IIT campuses this yearPlacement sources at six old IITs — Kharagpur, Kanpur, Roorkee, Madras, Bombay and BHU — told ET that these companies had not yet confirmed...
- Ola to set up new tech centre in Pune, hire 1,000 engineers: ReportRide-hailing platform Ola plans to set up a new technology centre in Pune and hire about 1,000 engineers over the next few years.
- Delhi NCR among top 10 global trips market: UberEarlier this month, Uber had said its affordable Uber Auto service was recovering briskly with cities like Delhi rebounding to almost 80 pe...
- Uber lays off 600 staff as Covid-19 hits ride-hailing businessAll employees will receive a minimum of 10 weeks payout, medical insurance coverage for the next six months, outplacement support, be allow...
- After layoffs, Uber recalls job offers made to B-school gradsWhile Uber is the most high-profile recruiter to have revoked final placement offers so far, B-schools have also been seeing offers being w...
- Uber restarts in green, orange zonesAreas designated as Green and orange zones, where the spread of Covid-19 infections is under control, account for more than 80% of India’s ...
- US stocks rally despite surge in unemployment, Dow +1.9%The US lost an unprecedented 20.5 million jobs last month, pushing the unemployment rate to 14.7 percent from 4.4 percent in March -- the h...
- Uber CTO steps down as company reportedly weighs job cutsEarlier this month the company withdrew its financial forecast for 2020 and said it would write down about $2 billion in investments impair...
- GiveIndia starts India COVID Response Fund with Rs 75 cr in initial donationsSome of the early donors to the fund include the Bill & Melinda Gates Foundation, Google.org, HSBC India, Omidyar Network India, UBS Optimu...
- Uber to run cabs for essential services, trials begin in NashikUber Essentials, for which approvals are being sought from state governments, will be extended to other cities early this week once approve...
- COVID-19 outbreak brings both orders and worries for startupsAs demand for home delivery spikes, consumer internet firms are beefing up hygiene and safety measures for delivery agents and consumers.
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