From cab aggregation to food delivery, Uber has always seen fast growth in India. Online grocery may be no different if it manages to find the right operating model.
The U.S. ride-sharing company says its could face 20 percent VAT on gross booking fees - the amount passengers pay -- or on its service fees charged to drivers.
According to sources, Uber has made the submission to the Delhi government proposing to deploy 5,000 bike-taxis to help ferry one lakh commuters to and from Metro stations every week.
If CCI blocks Hyundai-Kia’s investment in Ola, M&M’s acquisition of 55 percent stake in Meru may hit the walls of the antitrust watchdog.
Softbank-invested WeWork’s IPO hit a bump due to valuations that seemed too high. A share buy-back by founder helped Oyo’s valuation jump three-fold within a year.
Uber will be offering its riders up to Rs 5 lakh in case of death or permanent disability due to an accident, up to Rs 2 lakh coverage for hospitalisation and Rs 50,000 in case of an outpaitient scenario.
Uber received a five-year licence in 2012 but fellow ride-hailing service Ola gained just a 15-month right to operate earlier this year, in a possible sign that the regulator wants to have more power over new entrants.
Rebel Foods owns several popular brands such as Behrouz Biryani, Oven Story, Faasos, The Good Bowl and Sweet Truth
In India, carpooling will find mass acceptance only with the help of sufficient incentives
The feature is expected to deal with one of Uber riders' major concerns- when the cab driver begins the ride without actually arriving at the set location or without the rider having boarded.
Thackeray made the statement at a function launching five new mini BEST buses that will ply feeder routes in Mumbai
In May, Uber Technologies Inc., which was then the world’s most valuable internet startup, listed its shares in the US. It was one of the most highly anticipated IPOs in recent years.
The surge price limit is one of the many issues the new norms would address. These would likely be in line with proposals made in December 2016
"The Ola and Uber factor may not be strong to contribute to the current state of slowdown. I think we need to watch and study it more before arriving at such a conclusion," Srivastava said
While there are concerns over a slowdown in the economy, Moneycontrol's Jerome Anthony does a 3-Point Analysis on whether or not FM Sitharaman's "millennial mindset" statement holds true.
FM Nirmala Sitharaman said milennials increasingly prefer to ride Ola-Uber cabs instead of buying their own car. Here's the math.
With the aspirational value for cars diminishing and the current city infrastructure making ownership of one an unappealing prospect, Uber and Ola have come up trumps.
The move cuts Uber's strength by 8 percent and is the startup’s second round of layoffs since it fired 400 marketing employees in July
Facing intense competition in the world's No.4 online food delivery market, the US company is struggling to revamp its brand in South Korea.
M&M started tapping the services space earlier this year, probably because it realized selling cars may not be enough to sustain growth. The Meru deal is a big leap in that front.
Till now, Uber just allowed its customers to send messages through its app. This used to be received by the customer response team, who mostly dealt with the issues over emails.
If Flipkart and Amazon are made to toe the line, why not online retail business platforms, including food aggregators?
The petition has claimed that under the scheme, the licensee -- like Ola and Uber -- are responsible for the quality of drivers, their police verification and their conduct with passengers.
The biggest stories of the day summarised by Rakesh Sharma.
Pradeep Parameswaran, Uber India and South Asia head told Moneycontrol that the company is in the process of building the product and refining it.