BRATISLAVA, April 25 (Reuters) – Uber resumed operations in Slovakia’s capital Bratislava on Thursday, a year after a court ban, the ride-hailing company said. A Slovak court ordered Uber to suspend its operations in March 2018 amid taxi drivers’ protests that the service represented unfair competition. Slovakia has since passed legislation that allows Uber to… Continue reading Uber back on the road in Slovakia after court ban
Tag: Uber
Uber’s Amit Jain to leave, co names new Asia-Pacific unit chief
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay BENGALURU (Reuters) – Uber Technologies Inc said on Wednesday the head of its Asia-Pacific operations will leave the company at the end of next month, and will be replaced by Pierre-Dimitri Gore-Coty. Amit Jain had joined the… Continue reading Uber’s Amit Jain to leave, co names new Asia-Pacific unit chief
Didi-SoftBank taxi-hailing JV expands to 13 cities across Japan
FILE PHOTO: The logos of Didi Chuxing and SoftBank are pictured during a news conference about their Japanese taxi-hailing joint venture in Tokyo, Japan, July 19, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Didi Mobility Japan, a joint venture (JV) by China’s Didi Chuxing and SoftBank Corp, said on Wednesday that it would expand its taxi-hailing… Continue reading Didi-SoftBank taxi-hailing JV expands to 13 cities across Japan
Postmates has launched in 1,000 new cities since December
Postmates is expanding like crazy ahead of an initial public offering expected later this year. The food delivery business has launched in 1,000 new cities since December, the company announced today. San Francisco-based Postmates now operates its on-demand delivery platform, powered by a network of local gig economy workers, in 3,500 cities across all 50… Continue reading Postmates has launched in 1,000 new cities since December
Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany and Taiwan, is hoping to line up the new capital… Continue reading Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
GV-backed KeepTruckin nabs $149M at $1.25B valuation
KeepTruckin, a developer of hardware and software that helps truck drivers manage their vehicles and cargo, has raised $149 million in Series D funding. Greenoaks Capital has led the round, with participation from existing backers GV, IVP, Index Ventures and Scale Venture Partners. The round values the business at $1.25 billion, according to KeepTruckin co-founder… Continue reading GV-backed KeepTruckin nabs $149M at $1.25B valuation
Analysts at Lyft underwriters say buy falling stock
(Reuters) – Wall Street’s public opinion of Lyft Inc took a major turn for the positive on Tuesday, after analysts at many of the banks that worked on its initial public offering urged clients to buy the ride hailer’s underperforming shares. The Lyft logo is seen on a parked Lyft Scooter in Washington, U.S., March… Continue reading Analysts at Lyft underwriters say buy falling stock
Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019
SAN FRANCISCO (Reuters) – Alphabet Inc’s Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto industry to build the vehicles of the future. FILE PHOTO: Waymo CEO John Krafcik speaks on stage during the annual Google I/O developers conference in… Continue reading Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019
UPDATE 4-Tesla says robotaxis coming next year, touts self-driving microchip
(Reuters) – Chief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would be available in some markets next year thanks to exponential improvements in technology. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson “Probably two years from now we’ll make a car with… Continue reading UPDATE 4-Tesla says robotaxis coming next year, touts self-driving microchip
UPDATE 3-Tesla touts power of self-driving microchip in cars, working on software
SAN FRANCISCO (Reuters) – Chief Executive Elon Musk unveiled on Monday a microchip for self-driving vehicles that the electric car company hopes will give Tesla Inc an edge over rivals. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson Musk invited investors and analysts to its Silicon… Continue reading UPDATE 3-Tesla touts power of self-driving microchip in cars, working on software