A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing deal with Careem, an Uber rival in the Middle East that is valued at more than…
Tag: Uber
Travis Kalanick reportedly sought to reassert control at Uber after ouster
Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. You’ll periodically find these kinds…
Travis Kalanick reportedly sought to reassert control at Uber after ouster
Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. You’ll periodically find these kinds…
Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide
China’s Ofo and Mobike may be the Uber of bike-sharing thanks an early head start and more than $1 billion in cumulative funding that’s financing aggressive international expansions, but that isn’t deterring smaller players. Hong Kong’s Gobee Bike, one such upstart…
Mystro is an app aiming to bring in more bacon for Uber and Lyft drivers.
Mystro hopes to put 33 percent more money per year in the pockets of Uber and Lyft drivers through an app. It’s tough out there for on-demand drivers and every second and route counts if they want to hit that…
Inside Uber’s new approach to employee performance reviews
Uber SVP and Chief Human Resources Officer Liane Hornsey vividly remembers the day Susan Fowler published her blog post alleging workplace harassment and management issues came out. It was Sunday, Feb. 19, 2017 — her dad’s birthday. And the company was…
China’s Didi invests in Taxify, an Uber rival operating in Europe and Africa
Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia…
Meg Whitman says she’s not going to Uber
Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that’s not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot, but she took to Twitter to make it clear that it’s…
$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy
When the ridesharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment, according…
$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy
When the ride-sharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment, according…