Philippines: Antitrust watchdog halts Grab-Uber merger

Philippines: Antitrust watchdog halts Grab-Uber merger

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 […]

US: Uber beats Philadelphia taxis’ antitrust appeal

US: Uber beats Philadelphia taxis’ antitrust appeal

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 […]

India: Ola, Uber drivers’ strike

India: Ola, Uber drivers’ strike

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 […]

Singapore: CCS begins phase 2 study Uber-ComfortDelGro alliance

Singapore: CCS begins phase 2 study Uber-ComfortDelGro alliance

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 […]

US: Uber agrees to a US$245m settlement with Waymo

US: Uber agrees to a US$245m settlement with Waymo

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 […]

Singapore: Uber partners with taxi firm ComfortDelGro

Singapore: Uber partners with taxi firm ComfortDelGro

Uber Technologies and Singapore’s top taxi operator ComfortDelGro will launch a new ride-hailing service in Singapore starting from Friday, January 19, as they team up against their key regional rival Grab. UberFLASH will connect riders to drivers closest to them—either a private vehicle or a taxi, is the first collaboration between the firms since they said […]

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 […]