Ride Sharing App

Uber sells 15% stake to Softbank at 30% discount; deal to loosen Travis Kalanick's grip on ride-sharing app

The two firms did not provide details of the valuation but the source said the investment was based on Uber’s worth of $48 billion, down from $71 billion earlier this year.

Manhattan terror attacks: Uber and Lyft ban an anti-Muslim journalist for her anti-Islam tweets

Loomer was quick to respond, again using the Twitter platform to say that Uber was trying to “ban a conservative journalist for addressing legitimate safety concerns.”

Ola plans to bring Auto-Connect Wi-Fi to its three-wheeler service in 73 cities

The company earlier claimed over 200TB of data was being consumed by users of Ola Prime monthly. As of now, an Ola user consumes 20MB data on an average.

European ride-hailing service Taxify begins its operations in Paris with backing from Didi Chuxing

But the company says it will take only 15 percent commission from drivers, compared to Uber's 25 percent, and will price the rides 10 percent below Uber.

Uber pulls out from Canada's Quebec province; to avoid following tough regulations

The move affects Quebec cities including Montreal, the country’s second-largest city, and Quebec City. It does not affect operations in other Canadian cities, including Toronto, Ottawa, Calgary, and Edmonton.

Urban mobility: Carpooling can extend mass transit with help of ride sharing apps

An IIT Madras study suggests that traffic jams in Delhi alone have a congestion cost of $10 billion annually.

Jakarta’s traffic trials give rise to a tech success

One company has become Indonesia's most visible technology success with an app that relieves some of the pain of its maddening traffic

In Ola-Lyft-Didi-Grab alliance against Uber, curious role of Tiger Global is in focus

Lack of transparency is definitely a major issue that can have serious repercussions if not now, sometime in the future