Uber CEO says growth in South Korea promising despite underdog status
By Joyce Lee SEOUL (Reuters) - Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi drivers for growth. "The fact
Uber fined in Netherlands for sending drivers’ data to the US
By Stephanie Van Den Berg, Tassilo Hummel AMSTERDAM (Reuters) -Ride-hailing platform Uber has been fined 290 million euros ($324 million) in the Netherlands for sending the personal data of European taxi drivers to the United States in violation of EU rules,
Uber pays US car owners to switch to other transport modes for five weeks
By Yuvraj Malik (Reuters) - Uber will pay $1,000 in credits to certain commuters in the U.S. and Canada who ditch their cars for five weeks in favor of public and other transport services, it said on Thursday, in its latest
Uber says it’s working with Tesla to boost EV adoption among drivers
By Harshita Mary Varghese (Reuters) - Uber is working with Tesla to promote use of electric vehicles by its drivers in the United States as it works towards becoming emission-free in U.S. and Canadian cities by 2030, the ride-hailing platform told
Uber to raise minimum wage for drivers in France
By Harshita Mary Varghese (Reuters) - Uber Technologies will raise the minimum wage it pays drivers in France as part of a wider agreement between ride-hailing companies and driver representatives in the country, the company said on Wednesday. Drivers will earn a
Bolt’s UK tax tribunal win could prove good news for Uber
By Sam Tobin LONDON (Reuters) - A significant victory for Estonian ride-hailing and food delivery startup Bolt against Britain's tax authority last week could prove to be positive news for its rival Uber. Bolt took on HM Revenue and Customs (HMRC) over
Uber to become S&P 500 constituent
By Alden Bentley (Reuters) - Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Dec. 18, along with S&P MidCap 400 constituents Jabil Inc and Builders FirstSource Inc, S&P Dow Jones Indices announced late
Uber tries to win over London black cabs
By Farouq Suleiman and Sarah Young LONDON (Reuters) - Uber will open up its platform to London's black cabs next year, the ride-hailing firm said on Wednesday, trying to win over the British capital's taxis after a decade of tensions. London's black
Lyft beats third-quarter estimates, bookings underperform rival Uber
By Akash Sriram (Reuters) - Lyft reported third-quarter revenue and profit surpassing estimates on Wednesday, but gross bookings growth was lower than larger rival Uber's ride-hailing business. Gross bookings, which is a metric Lyft started disclosing in the third quarter measuring total