Uber is reportedly looking into buying Motivate, the company that makes Ford GoBike’s in the San Francisco Bay Area and Citi Bike over on the East Coast. This comes following reports of Lyft getting close to purchasing Motivate in a US$250 million deal. Just last week, it was reported that JUMP was considering a possible […]
An independent third party has been appointed by ride-hailing companies Grab and Uber to ensure that interim measures imposed by Singapore’s competition watchdog are complied with, while Grab’s merger with Uber’s Southeast Asian operations is being investigated. The appointment of UK accountancy firm Smith & Williamson LLP has been approved, announced the Competition and Consumer […]
Rod Sims, the head of the Australian Competition and Consumer Commission, said Monday, April 23, that he would look at contracts Uber has with restaurants that use its Uber Eats food delivery service. Reuters, citing comments Sims made to ABC radio, reported that the watchdog will look at complaints from several restaurants that use the […]
Uber Technologies ended its ride-hailing service in the Philippines on Monday, April 16, despite the order by antitrust regulators to continue operations until a review is concluded. The US-based company alerted clients Sunday night about the shutdown and directed them to download the app of rival Grab, which acquired Uber’s Southeast Asian businesses last month. […]
France is entitled to bring criminal proceedings against local managers of ride-hailing app Uber for running an illegal taxi service, the EU top court ruled on Tuesday, April 10, dealing the Silicon Valley start-up another legal setback. Uber’s loss follows an earlier one last year where the Luxembourg-based Court of Justice of the European Union […]
The Philippines’ antitrust agency said on Saturday, April 7, it has ordered Uber Technologies to continue domestic operations as it reviews the ride hailing firm’s deal to sell its money-losing Southeast Asian business to rival Grab. The move puts another hurdle in the transaction, following an order by Singapore’s competition watchdog that Uber delay its […]
A Third Circuit panel affirmed a win for Uber Technologies on Tuesday, March 27, finding that just because the ride-hailing service may have harmed Philadelphia Taxi Association’s business, the group has not properly alleged Uber acted anti-competitively, reported Reuters. The broadly worded decision by a unanimous three-judge panel of the 3rd US Circuit Court of […]
Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, March 19, demanding extra pay as a surge in the number of cabs on the two platforms, coupled with cutbacks in incentive payments, have stung drivers. The strike, which began at midnight on Sunda, centered on the financial center […]
The Competition Commission of Singapore will embark on the second phase of its study of a proposed alliance between ComfortDelGro and Uber’s Lion City Rentals, saying that it has not been able to decide conclusively whether the tie-up is anti-competitive. It will also examine if taxi and chauffeured private-hire car drivers are able to take […]
The lawsuit that Waymo/Google/Alphabet filed against Uber last year—alleging the theft of trade secrets relating to the company’s LiDAR tech for use in self-driving vehicles—has now ended, following a settlement. Uber execs have reportedly agreed to pay Waymo US$245 million (via shares of its stock) in order to bring the lawsuit to a close—with the […]