Tag: Uber

  • Uber Founder Travis Kalanick Resigns As CEO

    Uber Founder Travis Kalanick Resigns As CEO

    Travis Kalanick, co-founder of the billion dollars ride-hailing company Uber, has resigned from his position as CEO following the chaos going on in the company. “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber…

  • Uber CEO Travis Kalanick Takes Leave of Absence

    Uber CEO Travis Kalanick Takes Leave of Absence

    Amidst a tough time for Uber, CEO Travis Kalanick announced to take a leave of absence, without any specific return date. The ride-hailing company will be run by a management committee as it tries to navigate a wave of scandals. Kalanick notes that “During this interim period, the leadership team, my directs, will be running…

  • Uber Fires APAC Head For Obtaining Delhi Rape Victim’s Medical Records

    Uber Fires APAC Head For Obtaining Delhi Rape Victim’s Medical Records

    Ride-hailing company Uber has fired Eric Alexander, president of the company’s Asia-Pacific business, who obtained medical records of a 26-year-old woman raped by an Uber driver in India in 2014, according to a media report by ReCode. The Delhi passenger was raped and beaten and the assault led to a ban for a few months…

  • Uber Sues Taxi Driver Associations For Rs. 12 Cr

    Uber Sues Taxi Driver Associations For Rs. 12 Cr

    After a number of strikes and driver protests against it, cab hailing company Uber has approached the Bombay High court seeking Rs 12 crore in damages from certain taxi owners and driver associations for disrupting its operations hurting its reputation. “The defendants are deliberately, unlawfully and wrongfully resorting to violence and intimidation under the garb…

  • Angry Ola-Uber Drivers To Start Their Own App In Bengaluru

    Angry Ola-Uber Drivers To Start Their Own App In Bengaluru

    Tired of getting the shorter end of the stick in their association with app-based taxi hailing aggregators, Ola and Uber drivers are now working on putting in place their own mobile application. Nearly 8,000 cabbies are supposedly backing the idea of the new app which is still in nascent stages. “We were to start discussing…

  • The Rise Of Ridesharing Apps In India [Infographic]

    The Rise Of Ridesharing Apps In India [Infographic]

    Have you ever thought of travelling to a new city without any pre arranged taxis? Well if this was asked in 2006, the answer would be ‘NO’. But today with the mushrooming car rental industry, this is no more a dream. Ola, Uber, Meru Cabs and others have made life so comfortable and convenient for…

  • 90% Of Start-ups Are Nonsense; Have No Meaning: Kishore Biyani

    90% Of Start-ups Are Nonsense; Have No Meaning: Kishore Biyani

    The Future Group CEO, Kishore Bayani, who is well known for his dislike for online companies, continued his tirade on Indian startups saying that most start-ups miss the bigger picture and work with a ‘smaller canvas’. “I think 90 per cent of the start-ups have no meaning at all; they are nonsense. I think the…

  • Uber To Merge With Chinese Rival Didi To Create $35 Billion Company

    Uber To Merge With Chinese Rival Didi To Create $35 Billion Company

    Uber is said to be merged with its Chinese rival Didi Chuxing, the dominant ride-hailing service in the country. The deal ends a costly battle between the two companies, which competed for customers and drivers. After the merging, the valuation of the combined company will be $35 billion, said people familiar with the matter. Investors…