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

Colombia issues Uber over $629,000 fine for obstruction of regulatory visit

Colombia’s commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than $629,000 for obstructing a regulatory visit in 2017. Uber has repeatedly drawn the ire of authorities in Colombia, where use of the service is widespread but illegal. The country has not specifically regulated transport services like Uber, but has… Read More Colombia issues Uber over $629,000 fine for obstruction of regulatory visit

Australian taxi drivers file lawsuit against Uber for alleged illegal operations

A law firm filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world’s largest ride-hailing company of operating illegally and harming them financially. The lawsuit, filed on Friday at the Victoria Supreme Court by law firm Maurice Blackburn, was brought on behalf of… Read More Australian taxi drivers file lawsuit against Uber for alleged illegal operations

Uber introduces new safety features following murder of college student

Uber Technologies Inc said it was rolling out new safety features to help riders avoid fake rideshare drivers, two weeks after the murder of a college student who got into her killer’s car mistakenly believing it was her ride. The features include steps to identify the right car and a push notification to remind riders… Read More Uber introduces new safety features following murder of college student

Uber acquires Middle East rival Careem in $3.1billion deal

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering. Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full… Read More Uber acquires Middle East rival Careem in $3.1billion deal

Uber resumes autonomous vehicle test in Pennsylvania

Uber Technologies Inc on Thursday is resuming limited self-driving car testing on public roads in Pittsburgh, nine months after it suspended the program following a deadly accident in Arizona. The return of testing comes days after the state of Pennsylvania granted Uber permission to resume testing. The relaunch is a significant reduction from Uber’s previous… Read More Uber resumes autonomous vehicle test in Pennsylvania

Uber set to appeal Singapore regulator’s decision on Grab merger

​Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Monday. Last month, Singapore slapped ride-hailing firms Grab and Uber with fines and imposed restrictions on their businesses to open up the market to competitors,… Read More Uber set to appeal Singapore regulator’s decision on Grab merger