'Expectation of consumers for more services with lower spend a challenge'
However, it would only allow delivery of packages value less than Rs 5,000 and weighing less than 5 kilograms
Tata Neu has faced challenges with stagnant user growth and low customer engagement and may be looking to collaborate with Uber to boost traffic volumes
The stock jumped about 4.6% in premarket trading in New York. It has more than doubled over the past 12 months
Revenue increased 15% to $9.94 billion, ahead of estimates for $9.78 billion
Residents of Srinagar and visiting tourists can now book Uber Go and Uber Intercity rides for their mobility needs
Ride-hailing firm Uber on Tuesday said it has started operations in Jammu and Kashmir with the launch of services in Srinagar. Uber will offer Uber Go and outstation cab service Uber Intercity in the Valley. "Uber's launch in Srinagar is in line with its expansion plans in India, with an aim to increase its footprint and product offerings to regional markets. Residents of Srinagar and visiting tourists can now book Uber Go and Uber Intercity rides for their mobility needs," Uber said in a statement. Intercity rides can be booked to tourist destinations around Srinagar, including Gulmarg, Sonmarg, and Pahalgam, the company said. "With the global ride-hailing app now available in Srinagar, tourists as well as locals will now find a trusted ride in and around Srinagar with a few taps on the app. The launch of our service will also create meaningful earning opportunities for drivers and will support the economic growth of local communities," Head of Supply and Regional Operations at Ub
Uber will also begin operations of UberGo, its cheapest car ride service, as well as Uber Intercity, a rapidly developing mobility product
The EU's deal would give eligible individuals rights typically enjoyed by employees, including minimum wage, paid leave and unemployment benefits
Bike-taxi service provider launches new segment with subscription model for driver partners
By rewarding drivers with good customer rating (above 4.8) and low trip cancellations, this program aims to elevate overall platform experience for riders and drivers alike
Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi and the Transport Commissioner
Ride-hailing companies Uber and Lyft will pay a combined USD 328 million to settle wage theft claims in New York, Attorney General Letitia James announced on Thursday. James said the settlements resolve investigations into the companies improperly charging drivers sales taxes and other fees when the costs should have been paid by customers. Uber will pay USD 290 million and Lyft will pay USD 38 million. The money will be distributed to current and former drivers, she said. The companies have also agreed to provide drivers outside of New York City with paid sick leave and give drivers outside of New York City a minimum wage of USD 26 per hour. Rideshare drivers work at all hours of the day and night to take people wherever they need to go, James said in a statement. For years, Uber and Lyft systemically cheated their drivers out of hundreds of millions of dollars in pay and benefits while they worked long hours in challenging conditions. Tony West, chief legal officer for Uber, said
The report also notes the passage of the Rajasthan Platform-based Gig Workers Act, 2023, and hails it as a 'turning point' in providing social security to platform workers
A large section of cab drivers of Ola and Uber went on a strike on Monday demanding fare regulation, a ban on bike taxi services that they say are eating up their revenue, and stringent action on certain toll booths functioning beyond their contract period. The drivers staged an agitation here urging the state government to immediately intervene and regulate the app-based cab aggregators and to also resolve the issue of high commission charged by the aggregators from them. The All India Road Transport Workers Federation and the Tamil Nadu Urimai Kural Driver Trade Union, which announced the strike has demanded a ban on bike taxi services. The drivers have called for a massive protest in the city on October 18 to highlight their demands. "With the interior areas of Perungudi still lacking connectivity, I usually book a cab to reach my office. Due to the strike I had to depend on an auto, after an agonising wait" says Mahesh, a commuter. P Sridhar of Madipakkam, whose father was ...
Ride-hailing app Uber on Tuesday announced a startup challenge that searches for innovative solutions to fast track adoption of sustainable mobility in the country. The 'Uber Sustainovate', in partnership with startup India and Nasscom AI, is geared to award ventures that produce the best workable ideas to accelerate the transition to sustainable mobility in the country. "The winning startup would be awarded a grant of USD 120,000 (about Rs 1 crore), and the top 3 entries would be awarded mentorship sessions with the tech leadership of Uber in India in order to help them sharpen their skills and competencies," it said, announcing the startup challenge. "As the leading ridesharing company, Uber is committed to achieving net-zero emissions by 2040 and has been continuously working to reduce tailpipe emissions. With the aim to promote an ecosystem where startups are incentivised to work on emergence of sustainable solutions, Uber Sustainovate will provide a platform for visionary ...
The Nothing OS 2.0.3 firmware update will have new UI elements, pocket mode, a new compass widget, and Zomato app integration in Glyph interface
The Indian Navy has joined hands with a cab aggregator service with an aim to provide reliable, convenient, safe and economical mobility solutions for personal travel and commute of naval personnel and families across the country, officials said on Monday. The Navy signed a Memorandum of Understanding (MoU) with Uber in the presence of Navy Chief Admiral R Hari Kumar and senior officials of the company. "The MoU with Uber aims to provide reliable, convenient, safe and economical mobility solutions for personal travel and commute of Naval personnel and families across the country," a senior official said. Uber will extend several benefits to Indian Navy's personnel and their families, including a personalised profile on the Uber app; premier executive cab category "providing surge price protection during peak office hours"; availability of top-rated drivers; zero cancellation fee on all its rides and a 24x7 premium business support, the official said. "This MoU aligns with Chief of
A government-appointed committee in Maharashtra suggested a time limit for cab arrival and potential penalties for unfit vehicles on platforms like Uber and Ola
The service now offers options like car, auto, moto, and bus rides via the app, available in 125 cities across India