CEO David Krane suggests GV could sell the rest of its Uber stake at the end of its lockup period next month

Today at TC’s Disrupt show in San Francisco, we took the stage with David Krane, a longtime veteran of Google who took the reins as the CEO of its venture arm, GV,  three years ago but hasn’t spoken publicly since. We asked him why he’s been in hiding before diving into some questions about Uber… Continue reading CEO David Krane suggests GV could sell the rest of its Uber stake at the end of its lockup period next month

Inside the new Uber: Weak coffee, vanishing perks and fast-deflating morale – The Washington Post

Uber is changing as it shifts from a closely held unicorn start-up to a publicly traded company that appears to be losing investors’ confidence, according to interviews with current and former workers. Those changes include laying off more than 800 workers over the summer. Meanwhile, stock units are valued at a fraction of what many… Continue reading Inside the new Uber: Weak coffee, vanishing perks and fast-deflating morale – The Washington Post

EVgo Teams With Uber To Accelerate Rideshare Electrification

If zero-emission ridesharing is the future, Uber needs to secure a charging solution. EVgo and Uber announced a Memorandum of Agreement (MOU) to explore and accelerate rideshare electrification. In the beginning, the partners intend to jointly educate Uber driver-partners and offer access to EV fast-charging network. Another thing will be analysis of where to put… Continue reading EVgo Teams With Uber To Accelerate Rideshare Electrification

InMotion Ventures Micromobility Market Map

With the explosion of micromobility in Europe over the past year and InMotion’s focus on the space, I’ve been increasingly asked “Scooters… what’s going on?”. So in an effort to bring some clarity to this rapidly evolving sector, we’ve created a global micromobility market map. We’ve scoured the world for services, software and hardware suppliers… Continue reading InMotion Ventures Micromobility Market Map

Uber Incubator launches to develop new products and services

Uber today announced Uber Incubator, an initiative open to both Uber employees and those outside the Uber organization to develop products and services on top of Uber’s platform. “Our process follows lean startup methodologies,” Uber wrote in a blog post. “We provide support and resources to teams with a compelling opportunity, so they can rapidly… Continue reading Uber Incubator launches to develop new products and services

MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets

Cairo based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers. The B2B e-commerce company raised a $6.2 million seed-investment co-led by Beco Capital and 4DX Ventures. Others co-leaders included 500 Startups, Endure Capital, and Outlierz Ventures. Founded in 2018, MaxAB has built a digital platform to manage procurement and… Continue reading MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets

Uber granted two-month extension to London licence – The Guardian

Uber Transport for London again rejects ride-hailing firm’s application for a full licence Uber’s current licence is due to expire on Wednesday night. Photograph: Henry Nicholls/Reuters Uber’s application to renew its private hire operating licence in London has been rebuffed again by regulators. Transport for London has instead given the ride-hailing firm only a two-month… Continue reading Uber granted two-month extension to London licence – The Guardian

UPDATE 1-Uber sues New York City over new ‘cruising and licensing caps

FILE PHOTO: A screen displays the company logo for Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Uber Technologies Inc sued New York City on Friday, seeking to void a new rule limiting… Continue reading UPDATE 1-Uber sues New York City over new ‘cruising and licensing caps

Egyptian tuk-tuk start-up Halan to expand to Ethiopia

CAIRO (Reuters) – Halan, an Egyptian technology start-up that uses two- and three-wheeled vehicles to transport passengers and goods, will begin operating in Ethiopia before the end of 2019, its chief executive told Reuters. Mounir Nakhla, founder and CEO of Halan, is seen during an interview with Reuters in Cairo, Egypt September 17, 2019. REUTERS/Yousef… Continue reading Egyptian tuk-tuk start-up Halan to expand to Ethiopia

Hello, Texas!

Data collection beginning in downtown Dallas By: Austin Geidt, Head of Uber ATG Strategy We’re on a mission to deliver safe self-driving technology to Uber riders around the world. Uber Advanced Technologies Group has already started this journey in Pittsburgh, San Francisco, and Toronto. Today, we’re adding another city to that list 一 Dallas, TX.… Continue reading Hello, Texas!