Using Paytm Wallet to pay for Uber rides? The company has a message for you
Uber alters payment methods in India due to issues with Paytm Bank. Users won't be able to add money to their Paytm Wallets via the app from March 16, 2024, but existing wallet balances can still be used for Uber rides. Key Points
India TodayAnand Mahindra makes a confession after meeting Uber CEO Dara Khosrowshahi for second time
Mahindra Group Chairman Anand Mahindra met with Uber CEO Dara Khosrowshahi during his visit to India. They had first met at Davos during with Mahindra had doubts about Khosrowshahi's tenure and Uber's longevity. However, Khosrowshahi transformed Uber, leading to significant growth and market capitalization. Mahindra praised Khosrowshahi's leadership. Key Points
Economic TimesAdani hints at future collaborations with Uber after meeting CEO Dara Khosrowshahi
India Business News: Billionaire Gautam Adani hints at possible future collaborations between his conglomerate and Uber after meeting CEO Dara Khosrowshahi. Read more to know about their conversation and vision for the subcontinent. Key Points
Times Of IndiaIndians are so demanding, do not want to pay for anything: Uber CEO Dara Khosrowshahi highlights challenges in India
Uber CEO Dara Khosrowshahi explains why India is one of the toughest markets for the company. ‘If we can succeed here, we can succeed anywhere else,’ Khosrowshahi said in an interaction with Infosys co-founder Nandan Nilekani. Key Points
mintUber CEO aims to get into cheap rides in ‘toughest market’ India, extending rivalry with Ola
Uber CEO Dara Khosrowshahi discussed the company's expansion into the two- and three-wheeled rides market in India, including scooters, motorbikes, and bus services. Uber signed an agreement with the Open Network for Digital Commerce, supporting India's digital economy growth. Key Points
Economic Times
Robots delivering food to your doorstep? Uber will make it happen by next month
Uber Eats is set to launch robot deliveries in Tokyo, Japan, in collaboration with Mitsubishi Electric and Cartken. The autonomous robots will be able to navigate the city's sidewalks and keep the food at the right temperature. Key Points
India TodayUber testing Store Pickup feature in India: Here is what it is and how it works
Uber is testing a new feature in India called 'Store Pickup', allowing users to have their purchased items from local stores delivered to them. The service, following specific guidelines, is a convenient solution for those unable to collect their purchases in person. Key Points
India TodayUber unveils first buyback plan worth $7 billion after reporting full-year operating profit in 2023
Uber Technologies Inc. will buy back as much as $7 billion in shares to return capital to shareholders after reporting its first full year of operating profit and consistent positive free cash flow in 2023. Key Points
mintUber launches operations in J&K
New Delhi, Jan 30 (PTI) 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 […] Key Points
ThePrintPassenger exposes cab driver's concerning behaviour; Uber & Mumbai Police investigate
As the incident gains attention, it raises questions about the safety measures in place for passengers and the responsibility of ride-sharing platforms to ensure the well-being of both drivers and users. Authorities and concerned citizens are calling for a thorough investigation and necessary actions to prevent such incidents in the future. Key Points
Economic Times
Uber users in India will soon have option to choose their ride fare according to their preferences
Uber is developing a new feature, 'Uber Flex', to allow Indian users to choose their ride fare based on their preferences. The feature is currently being tested in various Indian cities and is expected to address concerns over escalating fares. Key Points
India TodayUber to launch bus service for office-goers in Kolkata
Kolkata, Nov 22 (PTI) Ride-hailing app Uber on Wednesday announced that it will soon start a bus service in Kolkata for office-goers. By March next year, Uber Shuttle will have 60 air-conditioned buses on predefined routes, connecting business districts with residential areas of the city, it said in a statement. Uber will invest USD 10 […] Key Points
ThePrintUber settles New York state claims related to unemployment benefits for drivers
Uber Technologies (UBER.N) has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain unemployment benefits, New York Governor Kathy Hochul said on Thursday. Key Points
ReutersUber completes 10 yrs in India; says drivers earned over Rs 50,000 cr via platform since 2013
Uber announced that drivers in India have earned over Rs 50,000 crore since 2013, as the ride-hailing app celebrated its 10-year milestone in the country. Uber drivers have covered a distance of 3,300 crore kilometres, equivalent to travelling from Earth to the Moon about 86,000 times. Uber India and South Asia President, Prabhjeet Singh, expressed excitement about the future and the company's contribution to India's techade. Key Points
Economic TimesUber forecasts quarterly operating profit above estimates on ride-hailing demand
Uber Technologies (UBER.N) on Tuesday forecast third-quarter operating profit above Wall Street expectations as it sees growing demand for ride hailing due to strong leisure travel trends and gradual return to in-office work. Key Points
Reuters
Uber’s CEO Says He’ll Always Find a Reason to Say His Company Sucks
Dara Khosrowshahi swooped in to tame a beastly work culture and try to make the on-demand giant profitable. Now he’s expanding into trucks and boats, but he still sees Uber as a fixer-upper. Key Points
WIREDTeen hacked Uber, Revolut and Grand Theft Auto maker, London court hears
A teenage member of the Lapsus$ hacking group hacked Uber (UBER.N) and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto, prosecutors have told a London court. Key Points
ReutersUber CFO Nelson Chai plans to step down - Bloomberg News
Uber Technologies (UBER.N) Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Key Points
ReutersUber charged a US couple ₹24 lakh for a single ride. Here’s what happened next…
A US couple on vacation in Costa Rica were charged $29,994 for an Uber ride due to a currency conversion mishap. Uber acknowledged the mistake and resolved the issue. Key Points
mintDoorDash, Uber file lawsuits against New York City's minimum wage law
The new law will require companies to pay delivery workers $17.96 an hour, which will rise to nearly $20 in April 2025. Companies can decide whether to pay workers hourly or per delivery, which would be based on the hours workers are logged into the app Key Points
mint
Uber driver gives free snacks and Wi-Fi to passengers, says he hardly cancelled any ride in 7 years
A Delhi-based Uber driver is going viral for offering free snacks, Wi-Fi, water and more to his passengers. He also said that he hardly cancelled any ride in the last seven years. Key Points
India TodayUber to fire 200 employees from recruitment team
As per reports, out of the total recruiting team at Uber, 35 per cent of the members will be affected by these layoffs. However, it's important to note that these cuts represent less than 1 per cent of the entire Uber staff. Key Points
India TodayUber India’s Ameya Velankar on the company’s leadership position in the country and its marketing strategy
Uber India’s advertising spends declined 63.7% to Rs 43.93 crore in FY22 from Rs 121 crore during the same period in the corresponding year. Key Points
FinancialexpressGig Workers Are Being Stabbed, Stoned, and Abused in India
An Uber driver was mugged. An Ola driver was beaten and left in a coma. Platform workers say tech companies are doing little to protect them. Key Points
WIREDUber charges Rs 1525 from a Delhi based customer for just 21 kms, here is what happened next
A Delhi-based woman was charged Rs 1,525 for a 21 km trip within the city. She decided to raise the issue with the company and Uber blamed the inflated bill on a 'GPS error'. Key Points
India Today
Uber now allows users to book rides up to 90 days in advance: Details inside
With the expansion of Uber Reserve features, users will be able to plan their Uber ride along with their travel plans. The platform now allows users to book rides up to 90 days in advance. Key Points
mintEx-Uber Software Engineer loses job amidst layoffs wave, calls it the most unfortunate day
A software engineer who was working with Uber lost his job recently and shared his story on LinkedIn. He referred to the day he was fired as 'one of the most unfortunate days of his life'. Key Points
India TodayUber, Lyft to pay $328 million to settle New York wage theft claims
Uber (UBER.N) and Lyft (LYFT.O) will pay a combined $328 million to settle claims by New York's attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits. Key Points
ReutersUber riders can now book outstation Round Trips for up to 5 days, here is how
Uber extends its Intercity service to include round trips, allowing passengers to book outstation travel for up to 5 days with the same car and driver. The feature also extends its benefits to drivers, providing them with the opportunity to secure higher earnings and plan their schedules in advance. Key Points
India TodayOla, Uber and Rapido bike taxi services banned in Delhi: Full story in 5 points
The notice by the Delhi transport department clearly states that the ban on bike taxis will come into effect immediately. The government notice points out that if service providers like Ola, Uber, and Rapido riders continue to provide bike taxi service in Delhi, then a fine will be charged. Key Points
India Today
Ola, Uber and Rapido bike taxi services banned in Delhi: 5 points
The notice by the Delhi transport department clearly states that the ban on bike taxis will come into effect immediately. The government notice points out that if service providers like Ola, Uber, and Rapido riders continue to provide bike taxi service in Delhi, then a fine will be charged. Key Points
India TodayThe EU Wants to Fix Gig Work. Uber Has Its Own Ideas
The European Union’s Platform Work Directive was supposed to settle the employment status of gig workers. Years of lobbying later, workers are losing hope in the process. Key Points
WIREDEV-only Uber rival BluSmart raises $42 million in BP Ventures-led round
Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity. BluSmart is currently valued at $250 million. Key Points
FinancialexpressTV, Western Commode, Broom: Bizzare items Indians left behind in Uber cabs in 2023
Uber has released the 2023 edition of its Lost and Found Index. Delhi tops the chart and becomes the most forgetful city in the country, finally leaving Mumbai behind in the race. Key Points
India TodayUber CEO Dara Khosrowshahi shocked as passenger pays $51.69 for 2.95-mile trip
A journalist took an Uber from downtown Manhattan to the West Side, only to end up paying $51.69, including the driver’s tip, for the 2.95-mile trip | World News Key Points
Hindustan Times
'Where have you come from, Mars?': Netizens in shock after man books Uber Auto for Rs 62, gets a bill of Rs 7.66 cr
Deepak Tenguriya, a regular Uber user, booked a seemingly ordinary auto trip for a mere Rs 62. However, upon reaching his destination, his phone displayed a bill that could have funded a small space program. Key Points
Business TodayExclusive: Uber CEO Dara Khosrowshahi interview; Paytm Bank denies Fema breach
Happy Monday! Uber Technologies will be laser-focussed on its mobility business in India and consolidate its market share, CEO Dara Khosrowshahi told ET in an exclusive interview. More on this in todays ETtech Morning Dispatch. Key Points
Economic TimesExclusive | Upstarts are everywhere, we have to be constantly on our toes in India: Uber CEO Dara Khosrows
Dara Khosrowshahi took over as the CEO of Uber Technologies in 2017, when the mobility firm was in its most controversial period. The Iran-born executive, who replaced founder Travis Kalanick, is now being called techs newest turnaround chief. In an interview with ETs Pranav Mukul, Samidha Sharma and Surabhi Agarwal, Khosrowshahi spoke about the companys focus on only mobility, profitability and electric vehicle push. Key Points
Economic TimesUber app revamped, now lets iPhone users track rides without opening the app
Uber has revamped its app and added a slew of new features to help riders track trip details on the lockscreen. Here are the details. Key Points
India TodayDelhi taxi ban likely to hit ride-hailing apps; Uber writes to LG
Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi-National Capital Territory. In its communication, a copy of which has been reviewed by ET, the company said that such movement restrictions are “impractical and hard to execute”. Key Points
Economic Times
BluSmart Mobility, EV-only Uber rival raises $42 million in BP-led round
BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies Inc. and Ola Cabs. Key Points
mintJournalist, daughter's 'near-death experience' on Mumbai-Pune Expressway
The accident occurred in Khopoli around 3.30 pm on Sunday after the Uber vehicle rammed into a stationed truck on the Mumbai-Pune express highway. The author, in a long post on X, shared that the driver was talking on the phone while driving, yawning and driving rashly before the accident occurred. Key Points
India TodayDelhi has banned Uber and Ola cabs with some number plates, riders must be careful while booking their cabs
In response to the worsening air pollution, Delhi has imposed a ban on non-local registered cabs from app-based services like Uber and Ola. The government also advises residents to reduce outdoor activities and use air purifiers to protect themselves against harmful pollutants. Key Points
India Today