Customers have complained on social media about longer wait times and higher fares during peak hours as the lack of drivers triggers surge pricing
Net income at the Japanese company dropped 39% for the June quarter, while profit at its eponymous investment unit plunged almost 90% amid a decline in the share prices of key holdings
The India tech centres started from a house in Jubilee Hills in Hyderabad in 2014, with a three-member team, and are now a crucial part of Uber's tech story, with a 750-plus-member team
Uber shares fell 4.6% at $44 in extended trading before erasing most of its losses.
The regulator said that Uber operates in a competitive market, having competitive constraints from an equally strong player Ola.
The mobility sector is amongst the worst hit due to Covid-19 and both Ola and Uber have lost revenue
Uber's Bengaluru-based mobility engineering team is leading the technological development of a complex integration with a third-party cab aggregator in the UK
Uber's expansion plans are in line with its vision to make mobility and delivery more accessible
Industry executives say the second wave of Covid-19 pandemic may severely impact the business of mobility companies
Arrival and Uber will also explore a strategic relationship in key markets, including the United Kingdom, European Union and United States
Will compensate car, auto and moto drivers on its platform for time spent getting jabs. Drivers showing valid digital vaccination certificates to get Rs 400 for each of their two shots
Amid a massive surge in Covid patients, companies are coming forward with several innovative initiatives to help people
In a major victory for unions, Uber's 70,000 over British drivers will be paid minimum wage while picking up and driving passengers as part of the company's agreement to grant workers' rights after
Uber reclassified its more than 70,000 drivers in Britain as workers, meaning they are guaranteed entitlements such as holiday pay
The new safeguard, dubbed the "sharing safety program," will be overseen by HireRight, a specialist in background checks
Uber and Lyft oppose the disclosures, arguing they would violate victims' rights to privacy.
After the coronavirus lockdowns came into effect last year, Uber continued the sessions with drivers virtually and has so far managed to train 63,000 of them
Beginning March 8, Uber will roll out these free rides in a staggered manner across 35 Indian cities
As Indians start travelling in the new normal, strong recovery in smaller towns underscores success for ride-hailing giant's 'India to Bharat' strategy, which offers new products in regional markets
Initiative will cover seven cities