Ride-Hailing Apps

'Looking at synergies with EV business, will announce details soon'

Industry sources say the service was not proving any value to the ride-hailing company

Aggregators operating in city after High Court stays a state government ban on them providing autos

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

India's Ola is the 6th most data-hungry ride-hailing app in the world, while Rapido, an Indian bike-taxi aggregator collects the least amount of information

Popular ride-hailing platform Uber and Ola top the chart on collecting extensive information about their riders which may be used for third-party advertising, a new report has claimed.

The firm has plans to raise up to $1 billion through an IPO

Ola, which has a majority share of India's ride-hailing market, where it competes with Uber Technologies, has a growing presence in several global markets such as Australia and Britain

Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric

BluSmart has also gone in for backward integration, creating EV charging stations or what it calls "super-hubs" that can charge almost 70-80 EVs at a time

Uber said it will appeal the decision.

'Recovery from the second wave is 3 times faster. Clearly, India is up and about,' tweeted Aggarwal

Shares in Didi, which jumped as much as 40% to $12.42 in premarket trading after the report, pared gains after trading opened on Wall Street.

China's biggest ride-hailing firm Didi Global Inc said on Sunday removal of its 'DiDi Chuxing' app from smartphone app stores in China is expected to have an adverse impact on its revenue in China

The combined entity may seek to go public.

With the impact of Covid-19, the sector saw a significant drop in usage last year as offices began remote work culture and most of the educational and other places closed for months

Taxi ride-hailing giant Uber must classify its drivers as workers with minimum wage, holiday and sick pay rights, rather than be categorised as self-employed, the UK Supreme Court ruled on Friday.

The decision that threatens its business model and holds broader implications for the so-called gig economy

Grab is a Singaporean ride-hailing firm

Ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its rapidly-expanding financial services business