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Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. Moove did
Uber’s future will be greener, more affordable, and able to challenge Amazon at its own rapid delivery game, CEO Dara Khosrowshahi predicted while onstage this week at SXSW. His vision, which he
Uber has signed a memorandum of understanding with an Indian government-backed firm that aims to make mobility and commerce more accessible across the South Asian nation. The ride-hailing giant said T
Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The com
Uber has quietly started testing a feature that lets gig workers pick up prepaid items from local stores and deliver them to customers in India. Called “Store Pickup,” the feature debuted
Uber is shutting down alcohol delivery service Drizly three years after the cab-hailing company acquired it for $1.1 billion. Drizly ran independently all this time, and Uber eventually decided to clo
Uber has quietly been testing a flexible pricing service in more than a dozen cities in India, a move that could help it expand its consumer base in the South Asian nation and put pressure on rival ri
Before joining Uber as chief security officer in 2015, Joe Sullivan served for two years as a federal prosecutor with the United States Department of Justice, where he specialized in computer hacking
Welcome back to Equity, a podcast about the business of startups. This is our Friday show, and we’re talking about the week’s biggest startup and tech news.
Uber has secured another win over the struggling taxi industry. Soon, riders in London will be able to hail an iconic black cab in the city. London cabbies can now start signing up for Uber trip refer
Uber is introducing new features geared toward addressing the issues of unfair deactivations that ride-hail and delivery drivers often face. Starting Monday across the U.S., Uber will roll out a techn
Lyft is introducing a “more affordable sort of higher-end ride” in an attempt to offer ride-hail products that customers actually want, CEO David Risher said Wednesday during the company&#
Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings
The former startup darling's results can be viewed as an indication that its business model has matured and is now in a stable, profitable and cash-generating position.
Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state attorney general Letitia James’ investigation
Phoenix-area Uber users can now hail a Waymo driverless vehicle. The two companies today announced the launch of the joint service, which we first reported in May 2023. To use the service, Uber users
Hundreds of women have filed lawsuits against Uber claiming the company hasn’t done enough to prevent instances of sexual assault by drivers. Now a panel of judges has ruled that more than 80 cases
Uber is expanding its peer-to-peer package delivery service, Uber Connect. Now customers who don’t want to schlep a package to the post office can request an Uber courier to do it for them with
In a blow to Uber, DoorDash and Grubhub, a New York judge on Thursday ruled to allow the implementation of the minimum pay rate of $18 per hour for New York City’s food delivery workers. The del
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