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Targeting tier-II to take on rival Ola: Uber to expand into 7 more Indian cities tomorrow

Jul 01, 2015

Targeting tier-II to take on rival Ola: Uber to expand into 7 more Indian cities tomorrow

Marking its largest international geographical expansion in its history, US-based taxi-sharing app Uber is set to launch operations in 7 new cities in India as it takes on rival Ola in a highly competitive market. #Uber #Ola #taxi hailing
Guess what? Uber is losing more money than it is making

Jun 30, 2015

Guess what? Uber is losing more money than it is making

According to Bloomberg, Uber had revenues of $415 million and an operating loss of $470 million for an undisclosed time period. It also says that the document touts 300 percent year-over-year growth. An Uber spokesperson told Bloomberg that the numbers are "substantially old," which suggests they may have been from 2014. #IPO #Taxi #Uber
How Uber, Ola and Meru are changing economics of private car ownership

Jun 29, 2015

How Uber, Ola and Meru are changing economics of private car ownership

One of the side benefits of expanding the radio taxi business is that they may ultimately succeed in taking more private cars off the road. The economics is now moving against private car ownership. #HowThisWorks #Uber #Ola #Meru #TabCab #radio taxis #Private Vehicles
Two Uber managers detained in France over 'illicit activity' linked to low-cost service UberPop

Jun 29, 2015

Two Uber managers detained in France over 'illicit activity' linked to low-cost service UberPop

The spokeswoman for the Paris prosecutor says two Uber managers have been taken into custody for questioning over "illicit activity" linked to the ride-hailing company's low-cost service. #World #France #NewsTracker #Paris #Taxi #Uber #UberPop #Uber protests
Uber under fire: Paris isn't the first, here's where protests have erupted globally

Jun 26, 2015

Uber under fire: Paris isn't the first, here's where protests have erupted globally

Uber has been subject to an increasing number of worldwide protests spearheaded by frustrated and displaced taxi drivers. #World #France #didyouknow #NewsTracker #Taxi-drivers #Uber #Shareworthy #Uber protests
French President Hollande slams Uber protests, calls violence 'unacceptable'

Jun 26, 2015

French President Hollande slams Uber protests, calls violence 'unacceptable'

French President Francois Hollande on Friday condemned violent protests against ride-booking app Uber after taxi drivers set fire to vehicles and blocked highways but he said the service should be taken off the road. #France #NewsTracker #Paris #Protests #Taxi #Franois Hollande #Uber #cab drivers #UberPop
French minister says UberPop must shut down following violent protests by cab drivers

Jun 26, 2015

French minister says UberPop must shut down following violent protests by cab drivers

France's interior minister, in a bid to halt a day of sometimes violent protests by taxi drivers angered by UberPop, has said that the low-cost car service must be shut down. #France #NewsTracker #Taxi #Uber #Violent Protests #UberPop #Cab aggregator service
Fires and road blocks: French taxi drivers protest violently against Uber in Paris

Jun 26, 2015

Fires and road blocks: French taxi drivers protest violently against Uber in Paris

Protests against ride-booking app Uber turned violent in France on Thursday as taxi drivers set fire to vehicles and blocked major roads. #World #NewsTracker #Paris #protest #Taxi-drivers #Uber
Ola integrates TaxiForSure hatchbacks on its app

Jun 25, 2015

Ola integrates TaxiForSure hatchbacks on its app

In March this year, Ola had acquired TaxiForSure in a $200 million deal (around Rs 1,260 crore). TaxiForSure has a fleet of 24,000 vehicles in the country, of which about 50 percent are hatchbacks. #Business #CompanyWatch #Mobile app #Ola #TaxiForSure #Pranay Jivrajka #hatchback cabs
Mumbai: Decks cleared for fare hike, autos to charge minimum of Rs 18, taxis Rs 22

Jun 24, 2015

Mumbai: Decks cleared for fare hike, autos to charge minimum of Rs 18, taxis Rs 22

The Bombay High Court on Wednesday refused to interfere in Maharashtra government's move to hike fares of taxis and auto rickshaws based on the recommendation of the now-scrapped Hakim Committee. #Mumbai #Mumbai Grahak Panchayat #auto fare hike #Hakim Committee #MMRTA #Taxi fare hike