Ride Sharing

Rapido to convert Delhi bike-taxis to all-electric fleet by next year

This transition could potentially position Rapido as a pioneer in the bike-taxi industry, especially as rivals like Ola and Uber explore eco-friendly alternatives

Ola CEO endorses 70-hour work week, top neurologist warns of severe illness

Working for 55 or more hours per week is associated with a 35% higher risk of a stroke, 17% higher risk of dying from ischemic heart disease

Ola Cabs exits Google Maps, saves Rs 100 cr by transitioning to Ola Maps

Ola Cabs' shift from Google Maps to their in-house Ola Maps has led to significant annual savings of around Rs 100 crore

Uber unveils $7 bn stock buyback plan first for company, shares up 4.6%

The stock jumped about 4.6% in premarket trading in New York. It has more than doubled over the past 12 months

Everest Fleet raises $20 mn led by Uber, to expand operations, supply pool

Fleet management company Everest Fleet on Wednesday said it has closed a $20 million funding round led by Uber

Uber confident on profit as ride-sharing makes strong start to 2023

Uber is benefiting from its dominant position in key global markets as travel rebounds from a pandemic-induced lull

Delhi HC dismisses pleas on levying GST on online booking of auto rides

The Delhi High Court has dismissed petitions challenging the notifications of the central govt's imposed Goods and Services Tax on online booking of autorickshaw rides via ride-sharing applications

Company of the year - Ola

Ola is rapidly expanding into other businesses and has made a potentially game-changing pivot to make electric vehicles. Take a look at how 2021 has turned out to be a year of reckoning for Ola

Uber adds ride booking via WhatsApp in India; service to start from Lucknow

The partnership allows access to Uber's mobility services by sending a message to a WhatsApp chatbot

Uber wait annoys UK passengers after drivers quit in droves: Report

Customers have complained on social media about longer wait times and higher fares during peak hours as the lack of drivers triggers surge pricing

Chinese ride-hailing firm Didi reveals $1.6-bn loss in IPO filing

Didi, one of the largest investments in SoftBank Group Corp.'s portfolio, accelerated its listing plans after its business rebounded as the coronavirus pandemic ebbed in China.

Gojek to merge with Tokopedia to create $18-bn Indonesia tech giant

The combined entity may seek to go public.

Staying safe from Covid-19 pandemic led to fast recovery in online biz

Revival in air travel, hotels, ride-sharing taking longer than expected

Bangladesh origin ride-hailing app CEO found dismembered in New York flat

Fahim Saleh's sister found the body on Tuesday afternoon when she went to his $2.5 million-flat to check in on him, CBS, local New York TV channel, reported

Uber loses $2.9 bn in coronavirus crisis, drops bike and scooter business

Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in demand since mid-March, Khosrowshahi said

Mobility start-ups mull future biz models in first-ever summit on wheels

TiE, in collaboration with travel tech firms Ixigo and Gogobus, took a bunch of start-up founders, investors and journalist on a bus tour, with panel talk planned on board the vehicle

India's new mobility market expected to touch $90 bn by 2030: Data

According to data, new mobility will be driven by taxi services, expected to touch $61 billion from $1.5 billion in 2018

Colombia imposes $629,000 fine on Uber for obstructing regulatory visit

Colombia imposes $629,000 fine on Uber for obstructing regulatory visit

Decongesting traffic mess: India examining private cars for ride sharing

This would reduce car ownership and curb growing traffic congestion in major cities

The anti-Uber

Carmen Lopez drives people to the doctor, asthmatic children and women to hospital