UK: Uber appeal line-up under review; Union may join TfL

UK: Uber appeal line-up under review; Union may join TfL

Uber’s appeal against the loss of its London license should begin on April 30, but might be delayed until June, a British judge said on Monday, December 11, at a preliminary hearing at Westminster Magistrate’s Court. There will be two further preliminary hearings on Tuesday and Wednesday next week to decide whether a trade union […]

Australia: Taxify takes on Uber in ride share market

Australia: Taxify takes on Uber in ride share market

Competition in Sydney’s ride-sharing and taxi market will step up a gear in the lead-up to the Christmas holiday period with Taxify launching services in the city on Tuesday, December 12, offering customers a 50% discount on competitors’ base fares for a month. The fast-growing Estonian company, which operates in 20 countries and counts Chinese […]

US: SoftBank bids to buy Uber stock at a 30% discount

US: SoftBank bids to buy Uber stock at a 30% discount

Uber’s valuation may be looking at a haircut — Japan’s SoftBank is officially offering to purchase shares of the firm at a US$48 billion valuation. That is a 30% discount off of Uber’s most recent valuation of $68.5 billion, a person familiar with the matter said on Monday, November 27. That discount investment won’t just […]

US: 3rd Circuit to consider cab companies’ Uber antitrust claims

US: 3rd Circuit to consider cab companies’ Uber antitrust claims

A group of Philadelphia taxi companies on Tuesday, November 14, will urge a US appeals court to revive their claims that Uber Technologies Inc skirted costly regulations and lured away drivers in order to create an illegal monopoly. A three-judge panel of the 3rd US Circuit Court of Appeals will hear the Philadelphia Taxi Association’s […]

US: Kalanick And Benchmark Make Peace For Sake of Uber/SoftBank Deal

US: Kalanick And Benchmark Make Peace For Sake of Uber/SoftBank Deal

Uber Technologies paved the way to receive a multi-billion-dollar investment led by SoftBank Group, after co-founder and ex-CEO Travis Kalanick reached a deal with Benchmark over board seats. According to a news report in The Wall Street Journal, the deal, which was confirmed by Uber, puts on hold a lawsuit Benchmark had lodged against Kalanick. […]

US: FTC and Uber join forces to stop new Seattle law

The Federal Trade Commission (FTC) is siding with Uber Technologies in a fight to block a Seattle law that would allow ride-hailing drivers to collectively bargain. In an amicus brief, the FTC and the US Justice Department told the US Court of Appeals for the Ninth Circuit that a federal trial judge’s ruling that upheld […]

Brazil: Legislation changes due to Uber lead to further tensions

Brazil: Legislation changes due to Uber lead to further tensions

During a heated Senate debate concerning a transit bill that would introduce regulations for car booking apps used in Brazil, an Uber spokesperson was struck in the face as the attacker shouted, “This is because Uber is destroying the lives of taxi drivers.” The regulation was ultimately sent back to the lower chamber, where Carlos […]

Brazil: Uber successfully lobbies Senate

Brazil: Uber successfully lobbies Senate

The Uber’s new chief, Dara Khosrowshahi, has successfully convinced Brazilian officials to get rid of the strictest rules in the country’s proposed legislation for ride-hailing services. Brazil originally wanted to require Uber drivers to apply for licenses with local municipalities to be able to use red number plates meant for public transport vehicles in country. […]

France: Uber to share Paris data with public, city planners

France: Uber to share Paris data with public, city planners

Uber said it would open up its trove of travel data in Paris to the public to help city officials and urban planners better understand transportation needs, as the company seeks to woo national authorities. The US ride-hailing app collects huge amounts of data from the billions of trips taken by customers which it uses […]

India: Taxi company in legal challenge against Ola and Uber

India: Taxi company in legal challenge against Ola and Uber

An Indian taxi company has stepped up its legal challenge against local competitor Ola and US rival Uber, alleging that the firms are abusing their market position, and believes that planned investments in both by Japan’s SoftBank underscore its view. The head of India’s Meru Cabs said the company has filed four new complaints with […]

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