The delivery platform gave a range of $75 to $85 per share Alex Wilhelm 10 hours This morning, DoorDash filed a new S-1 document, this time updating the market about the price it expects to command during its public offering. The food-delivery giant gave a range of $75 to $85 per share, which would revalue… Continue reading DoorDash aims to add $11 billion to its valuation during public offering
Tag: Uber
India’s new ride hailing rules cap driver hours and limit surge pricing
Sponsored Links Manish Rajput/SOPA Images/LightRocket via Getty Images India is bringing app-based ride hailing services under dedicated regulation for the first time, and it might just set an example for other countries. TechCrunch reports the country has instituted guidelines that set expectations for both drivers and customers. Drivers can’t work more than 12 hours, for… Continue reading India’s new ride hailing rules cap driver hours and limit surge pricing
A leaked copy of Uber’s employee handbook reveals how the ride-hailing giant has grown up since Travis Kalanick joked about not being able to sleep with employees (UBER)
Business Insider obtained a copy of Uber’s employee handbook. The document illustrates the differences between the tones that CEO Dara Khosrowshahi and his predecessor, Travis Kalanick, set for the company’s culture. Are you a current or former Uber employee? Do you have an opinion about what it’s like to work there? Contact this reporter at mmatousek@businessinsider.com,… Continue reading A leaked copy of Uber’s employee handbook reveals how the ride-hailing giant has grown up since Travis Kalanick joked about not being able to sleep with employees (UBER)
US safety agency seeks input on autonomous vehicle rules
So far the NHTSA has taken a voluntary approach to autonomous vehicles without standards and regulations. DETROIT – The U.S. government’s road safety agency is asking for public comment on how it should regulate safe deployment of self-driving vehicles. Seeking public comment is an early step in drawing up possible regulations, but that process takes… Continue reading US safety agency seeks input on autonomous vehicle rules
Lime touts a 2020 turnaround and 2021 profitability
Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free cash flow positive in the third quarter — a first —… Continue reading Lime touts a 2020 turnaround and 2021 profitability
Uber looks to partner with other self-driving companies: CEO
By Reuters Staff 1 Min Read FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration (Reuters) – Uber Technologies Inc’s self-driving unit is looking to partner with other companies working on autonomous driving, the company’s chief executive officer said on Wednesday. “Our view… Continue reading Uber looks to partner with other self-driving companies: CEO
The electric car industry now has its own lobbying group
Tesla, Uber, Rivian, Lucid Motors, and others have joined forces to create a new lobbying group for electric vehicles on Capitol Hill. The group, which is called the Zero Emission Transportation Association (ZETA), says its mission is that 100 percent of new car sales are electric by 2030. Some states are already moving in that… Continue reading The electric car industry now has its own lobbying group
German Manager Magazin: Electric scooter: Bolt wants to overtake Tier Mobility and Uber with 100 million euros000326
The from Daimler-Group-supported mobility provider Bolt announces an electric scooter offensive. The start-up from Estonia will invest more than 100 million euros in 2021 to become the largest e-scooter rental company in Europe. The rival of Uber and the Berlin start-up Tier Mobility said it wanted to bring 130,000 scooters to more than 100 cities… Continue reading German Manager Magazin: Electric scooter: Bolt wants to overtake Tier Mobility and Uber with 100 million euros000326
Top Automotive Industry News for Week of November 2 – November 8, 2020
Here is the most important news associated with the automotive industry identified by the AEA for the week of November 2, 2020 – November 8, 2020. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Executives Association (AEA) News- The AEA is excited to open our unique… Continue reading Top Automotive Industry News for Week of November 2 – November 8, 2020
Uber reportedly may sell its self-driving car division to rival Aurora
Uber is in talks to sell its autonomous vehicle unit to startup competitor Aurora Innovation, TechCrunch reported. If it comes to pass, the sale of Uber Advanced Technologies Group (UberATG), would mark the end of a bumpy road for a division of Uber that was valued at $7.25 billion as recently as last July, but… Continue reading Uber reportedly may sell its self-driving car division to rival Aurora