Insurer makes move despite already having invested in Uber Technologies Chinese operation
Uber and two of its senior European executives were convicted and fined nearly $500,000 in France on Thursday for running an illegal transportation business.
Ride-hailing firm Uber has been fined 900,000 U.S. dollars in France for using non-professional drivers between February 2014 and July 2015, local media reported Friday.
Funds are part of a $5 billion investment effort, largest ever for a venture-backed company
Toyota Motor Corp. said on Tuesday it would invest in on-demand ride-hailing company Uber, the latest in a wave of high-profile moves by automakers to embrace their potential upstart rivals as partners, customers and sources of valuable data.
Toyota said Tuesday it is investing in Uber, making it the latest car company to put money in a ride-hailing app.
Ride-hailing company Uber Technologies, Inc. on Thursday announced it would road-test its first self-driving car in the U.S. eastern city of Pittsburgh in the coming weeks.
Ride-hailing app Uber Technologies has introduced its newest product UberPOOL to Jakarta, the first city it has been introduced in Southeast Asia.
Portugal's transport authority said on Wednesday that car-sharing service Uber was illegal, according to local media reports.
Uber will continue to classify drivers as contractors and will pay drivers up to $100 million
Undaunted by ride-hailing app Didi's dominance in the Chinese market, Uber sees potential to chip away at the company's virtual monopoly outside first-tier cities.
Argentinean President Mauricio Macri on Thursday said he supported the ban on Uber's operation in Buenos Aires, the national capital, after the ride-hailing service sparked furious protests of taxi drivers.
Since the beginning of the year, it’s safe to assume that Uber Technologies has been running into many problems concerning their safety policies.
Five Hong Kong Uber drivers arrested in a dramatic police swoop pleaded not guilty Wednesday to driving without proper licences.
Uber Technologies Inc is burning through more than a billion dollars a year in China as it wages a fierce price war against local rival Didi Kuaidi, its chief executive said.
Uber Technologies Inc said on Jan 11 that its China unit will get an undisclosed amount of investment from Chinese firm HNA Group as part of a partnership of the US ride-hailing firm with the aviation and shipping conglomerate.
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