Uber Inc

In the quarter ending March 31, Uber witnessed a 15% surge in global revenue from the previous year, reaching $10.13 billion

Ride hailing services firm Uber on Thursday said it has signed a pact with government-backed Open Network for Digital Commerce (ONDC). A Memorandum of Understanding (MoU) was signed in the presence of Uber CEO Dara Khosrowshahi at an event where he spoke with Infosys Chairman, Nandan Nilekani, on the subject of 'Building Population Scale Technology.' "Our vision for Uber in India is to serve the mobility needs of all Indians. This is in line with ONDC's objective of democratising digital commerce. "We are excited to take our first step through this MoU with ONDC to explore how we can accelerate our ambition to make Uber a platform for every Indian's daily mobility needs," Uber India and South Asia, President, Prabhjeet Singh said. Khosrowshahi said companies and governments around the world can learn from the scale and ambition of India's Digital Public Infrastructure, according to a statement. He added that as a technology company, Uber views open source tech stacks with a lot of

Delhi-NCR emerged as the top region in terms of the overall highest number of Uber trips, while Mumbai pipped the national capital in the most late-night trips booked, according to the ride-hailing firm's annual data report. Meanwhile, Kolkata indulged in weekend travel the most, as per Uber India's report titled How India Ubered in 2023. Uber trips during the year covered a record 6.8 billion kilometres, enough to traverse the entire 6.37-million-kilometre road network in India more than a thousand times over, or nearly thrice every day, an Uber release said. The cities with the highest number of Uber trips in 2023 were Delhi-NCR, Bangalore, Hyderabad, Mumbai, Pune, and Kolkata. "While Delhi-NCR did have the overall highest number of trips, Mumbai beat the national capital in terms of the most late-night trips booked, while Kolkata indulged in weekend travel the most. Residents of Delhi NCR used Uber for their work commute the most among all cities, and had the highest number of .

But CEO Dara Khosrowshahi struck an upbeat tone. "Consumer demand on our platform remains healthy as we enter the busiest period of the year," he said

A glitch in the app's system caused the couple to be charged almost 600% more for a ride, couple claims Uber customer care was impossible to reach

Commuters are most likely to forget their belongings in Ubers on Saturdays

System gives the 'much-deserved seat at the table', says ride hailing company

Uber forecast adjusted EBITDA, a profitability metric that excludes some costs, between $660 million and $700 million for the first quarter, well above the average analyst estimate of $593.06 million

This pilot will start with Gurugram CNG AC buses on the top-two routes during peak commute hours

Introduced in 2019, Uber Auto and Uber Moto have seen a three-fold increase in demand after the coronavirus pandemic

Ride-hailing major Uber is going to show drivers how much they will earn and where they are going before accepting a trip.

A joint media investigation, dubbed the 'Uber Files', found that Uber used "stealth technology" to fend off government investigations

Uber Connect is helping deliver packages across 23 cities. Total deliveries over the past two years have covered a distance enough to circumnavigate the earth 1,100 times

Consumer protection regulator CCPA on Friday said it has issued notices to cab aggregators Ola and Uber for unfair trade practices and violation of consumer rights. "We have issued notices to both Ola and Uber. Most of the consumer complaints received in the last one year are related to the deficiency in services and other unfair trade practices," Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare told PTI. In a meeting held on May 10 with cab aggregators, the government had warned of strict action unless they improve their systems and redress rising consumer complaints. "We told them about the rising consumer complaints against their platforms. We gave them the statistics also. We have asked them to improve their system and redress the consumer complaints otherwise the competent authority will take strict action," Consumer Affairs Secretary Rohit Kumar Singh had said after the meeting. The meeting was attended by representatives of Ola, Uber, Meru, Rapido

Uber forecast an adjusted profit of $25 million to $75 million for the last quarter of 2021. Analysts on average expected $114 million, according to Refinitiv data.

Appointment is effective immediately; he replaces Pradeep Parameswaran, who has been promoted as Regional General Manager for the Asia Pacific

Company says it plans to reduce investments in several non-core projects.

Lyft, Uber and Airbnb depend on travel, vacations and gatherings. That's a problem when much of the world is staying home

Kalanick was pushed out as chief executive in 2017 amid revelations about the controversial business practices that accompanied the company's stunning rise

The US-based company which is locked in an intense battle with Bengaluru-headquartered Ola for market leadership in India already operates a CoE in Hyderabad