Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
04 Jun, 2026, 09.08 AM IST
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...
26 May, 2026, 11.37 PM IST
Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
22 May, 2026, 10.22 PM IST
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.
12 May, 2026, 08.55 PM IST
Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
07 May, 2026, 10.37 PM IST
Uber to expand premium offerings with Germany's Blacklane acquisitionUber Technologies has agreed to acquire Berlin-based chauffeur service Blacklane as part of its push into premium and executive travel, th...
30 Mar, 2026, 05.32 PM IST
US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
12 Mar, 2026, 06.49 PM IST
Bill to allow Uber, Lyft in Israel gains committee approvalIsrael’s ministerial committee has approved a law to allow ride-hailing services like Uber and Lyft, aiming to reduce taxi fares. The refor...
18 Jan, 2026, 08.41 PM IST
Tesla gets first in a series of permits it needs to run robotaxis in CaliforniaThe permit is a prerequisite for applying to operate an autonomous ride-hailing service in California, but a CPUC spokesperson said the cur...
19 Mar, 2025, 08.08 AM IST
Tesla promises paid robotaxis next year, but significant hurdles remainElon Musk stated that Tesla plans to launch driverless ride-hailing services in California and Texas next year. The initiative faces regula...
24 Oct, 2024, 10.25 PM IST
Tesla promises paid robotaxis next year, but significant hurdles remainTesla CEO Elon Musk plans to introduce driverless, paid ride-hailing services in California and Texas by next year, despite facing potentia...
24 Oct, 2024, 10.09 AM IST
Why 'Stupid Radishes' are causing panic in ChinaLiu Yi, a ride-hailing driver in Wuhan, faced competition from robotaxis launched by Baidu's Apollo Go. China's rapid adoption of autonomou...
08 Aug, 2024, 12.48 PM IST
China's Didi swings to profit in fourth quarterDidi Global reported net income attributable to shareholders of 818 million yuan ($113.15 million) in the three months ending Dec. 31, comp...
23 Mar, 2024, 12.04 PM IST
Baidu, Pony.ai approved for robotaxi services in BeijingChinese tech group Baidu Inc and self-driving startup Pony.ai have won approval to launch paid driverless robotaxi services that will see t...
25 Nov, 2021, 11.26 AM IST
Gojek, Tokopedia seek shareholders' approval for proposed merger dealA GoJek-Tokopedia merger deal, previously estimated at $18 billion, would create a technology powerhouse offering online shopping, courier ...
09 Apr, 2021, 08.36 PM IST
China's Didi, BYD to launch co-designed ride-hailing EVThe move underscores how tech firms, from software makers for self-driving vehicles to car-sharing platforms, are disrupting traditional au...
21 Sep, 2020, 04.02 PM IST
Hyundai, Kia’s $300 million funding in Ola and its electric arm gets CCI nodThe CCI had initially deemed the deal as invalid after ANI Technologies failed to provide details of the impact of the proposed combination...
31 Oct, 2019, 08.31 AM IST