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Uber loses its license to operate in London

 In a huge blow to Uber in the UK London’s transport regulator has rejected its application to renew its license to operate in the...

Uber faces £2.9M fee to renew London license under new rules

 London’s transport regulator, Transport for London, has released details of a new more expansive and expensive system of tiered license fees for private hire operators...

SoftBank, Dragoneer, Didi close to finalizing investment in Uber

 Japan’s SoftBank Group, U.S. investment group Dragoneer and Chinese rideshare giant Didi Chuxing are close to finalizing their investment in Uber via a joint...

Teralytics wants to tap telcos’ big data to help cities get...

 Teralytics’s big data analytics platform is targeting government agencies and transport companies wanting to understand complex problems relating to human mobility — from how...

Teralytics wants to tap telcos’ big data to help cities get...

 Teralytics’s big data analytics platform is targeting government agencies and transport companies wanting to understand complex problems relating to human mobility — from how...

New Uber CEO says IPO is 18-36 months out

 Uber has a new CEO and he wasted no time in talking about IPO prospects. Addressing employees at a company meeting today, Dara Khosrowshahi,...

Indonesian Uber rival Go-Jek closes in on new $1.2 billion round

 Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round. That’s...

In India, an Uber for farm machinery aims to make a...

 Uber has inspired countless businesses to adopt its asset-light and on-demand approach to their industries. The examples are countless. Food delivery, dry cleaning, jet...

China’s Didi backs Uber rival Careem to expand its global footprint...

 A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing...

SoftBank chief says he wants stake in Uber or Lyft

TOKYO -- SoftBank Group Corp. Chief Executive Masayoshi Son on Monday expressed eagerness to invest in Uber Technologies Inc. or Lyft Inc. to gain...
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