Uber acquires public transit software company Routematch

Uber Technologies Inc on Thursday announced the acquisition of transit software provider Routematch, marking the ride-hailing company’s latest move toward expanding its business with public transportation agencies. Uber, which has gradually deepened its collaboration with agencies over recent years, last month announced its first software-based transit deal with an agency in the San Francisco Bay… Read More Uber acquires public transit software company Routematch

Uber issues indefinite extension of mask requirement for drivers and riders

Uber Technologies Inc on Wednesday extended indefinitely a requirement for drivers and riders on its platform to wear a face covering or mask and launched a new campaign video to educate users about the policy. The company began requiring masks on May 18 and on Wednesday extended the policy, which was originally slated to run… Read More Uber issues indefinite extension of mask requirement for drivers and riders

Uber set to cut 3700 jobs, waive CEO base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates its ride-hailing business. The company said the layoffs included its customer support and recruiting teams, and expects to incur… Read More Uber set to cut 3700 jobs, waive CEO base salary

Uber set to ship millions of face masks to drivers, delivery people in fight against coronavirus

Uber Technologies Inc on Thursday said it plans to ship millions of face masks to its active drivers and food delivery people around the world to help prevent the spread of the novel coronavirus. The ride-hailing company’s vice president of safety and insurance, Gus Fuldner, in a company blog post also said Uber plans to… Read More Uber set to ship millions of face masks to drivers, delivery people in fight against coronavirus

France top court rules in favour of Uber drivers ’employee’ status

France’s top court has recognized the right of an Uber driver to be considered an employee, a ruling that could upend the U.S. firm’s business model and potentially require it to pay more taxes and benefits such as paid holidays. The decision by the Cour de Cassation could also have ramifications for France’s wider “gig… Read More France top court rules in favour of Uber drivers ’employee’ status

Uber, Hyundai team up to develop electric air taxis

U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion. Global players like Germany’s Daimler, China’s Geely Automobile and Japan’s Toyota have all unveiled investments in startups that aim to deploy electric… Read More Uber, Hyundai team up to develop electric air taxis

Colombia orders Uber to cease ride-hailing operations over violation of competition rules

Colombia on Friday ordered Uber to cease its ride-hailing operations in the Andean country, effective immediately, after a judge ruled the company violated competition rules. Following a lawsuit filed against Uber by COTECH SA, the Superintendency of Industry and Commerce (SIC) said the U.S. company had breached market rules. Uber has more than 2.3 million… Read More Colombia orders Uber to cease ride-hailing operations over violation of competition rules

Uber to acquire Chilean grocery provider Cornershop in venture to expand food delivery services

Uber Technologies Inc said on Friday it would buy a majority stake in Chilean online grocery provider Cornershop as the ride hailing company seeks to widen its fast-growing food delivery app to include groceries and other goods. The deal for an undisclosed sum, which follows Uber’s disappointing IPO in May, would see it expand Santiago-based… Read More Uber to acquire Chilean grocery provider Cornershop in venture to expand food delivery services