Posted in food delivery Fundings & Exits India Ola Ride Sharing Startups TC Tech

Ola raises $50M at a $4.3B valuation from two Chinese funds

Ola, the arch-rival of Uber in India, has raised $50 million at a valuation of about $4.3 billion from Sailing Capital, a Hong Kong-based private…

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Posted in bus sharing Fundings & Exits India Ride Sharing Shuttl Startups TC Tech Transportation

Bus-sharing app Shuttl gets $11M Series B from investors including Amazon India

Shuttl, a service that lets Indian city dwellers find seats on multiple bus routes through one app, announced today that it has raised a $11…

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Posted in China Ride Sharing TC

Didi will resume late night Hitch rides, but only allow drivers to pick up passengers of the same sex

Didi Chuxing’s inter-city carpooling service will resume night operations on a limited basis about a month after a female passenger was allegedly murdered by an…

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Posted in Ride Sharing Tech

#Uber self-driving car struck and killed a pedestrian in #Arizona

Ride-sharing giant Uber said Monday it is suspending use of self-driving cars after one of the vehicles struck and killed a pedestrian in the US…

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Posted in apps Ride Sharing SAN FRANCISCO Tribune Content Agency Uber

San Francisco city attorney: .@Uber ‘thumbing its nose at the law’:

SAN FRANCISCO — Lyft good, Uber bad. So says San Francisco’s city attorney, who’s accusing Uber of getting up to its old tricks amid a…

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Posted in AFP Japan Ride Sharing Uber

Uber may be shredding business models for taxi firms the world over but it is struggling to make inroads in Japan

Uber may be shredding business models for taxi firms the world over but it is struggling to make inroads in Japan, where risk-averse passengers prefer…

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Posted in apps cybersecurity hacking Ride Sharing

Uber paid hackers $100k to keep data breach affecting 57 million customers quiet

Uber reportedly paid hackers $100,000 to remove the data of 57 million customers they stole in a massive 2016 data breach, according to Bloomberg. RELATED:…

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Posted in AFP automakers Ride Sharing Uber

Volvo to supply Uber with “tens of thousands” self-driving cars

Swedish carmaker Volvo Cars said Monday it has signed an agreement to supply “tens of thousands” of self-driving cars to Uber, as the ride-sharing company…

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Posted in alcohol Crime Ride Sharing Uber

Uber Does help prevent drunk driving accidents

Researchers still don’t fully understand the relationship between ridesharing, cities, and crashes. In San Antonio and Portland, Oregon, researchers found an association between Uber and…

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Posted in AFP LONDON Ride Sharing Startups Uber

London transport authorities said they will NOT renew Uber’s license to operate

London transport authorities said Friday they would not renew Uber’s licence to operate in the city when it expires due to public safety concerns, although…

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