A traveller checks his phone beside an Uber sign at an airport in Los Angeles, US. File/Agence France-Presse
Uber Technologies has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said in its IPO filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab on a snowy night and has changed the way much of the world travels.
Global ride-hailing firm Uber Technologies is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said.
Estonia’s Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers
WASHINGTON: Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions. Uber said the new production XC90 will be assembled by Volvo Cars in Sweden and have human
Good news on the economy is still bad news for Wall Street, and stocks are falling Friday on worries a still-strong US jobs market may actually make a recession more likely.
The third edition of the Future Food Forum, concluded on Thursday highlighting the need for redefining regulations, consumer trends, crisis management and innovation
Mohamed Helal Al Mheiri, Director General of the Abu Dhabi Chamber, received a high-level delegation from the Chinese company Jiangsu Overseas Cooperation and Investment (JOCIC) at the Chamber’s tower in Abu Dhabi.