Uber Technologies has selected the New York Stock Exchange for its imminent initial public offering, handing the trading floor what could be one of the five biggest listings of all time, a source says.
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Uber Technologies is in talks to sell its Uber Eats operations in India to rival Swiggy, less than two years after it entered the country’s competitive food-delivery business, according to a person familiar with the negotiations.
Internet ride-hailing company Uber has introduced a “Lite” version of its smartphone app in South Africa, aimed at users in bandwidth-constrained environments.
My car is 11 years old this year. I’ve looked after it well, serviced it regularly, and only ever had one major mechanical issue. However, I use it very little. Should I ditch it for Uber?
Uber Technologies has joined rival Lyft in filing for an initial public offering, according to a person familiar with the matter.
Uber rival Taxify said on Tuesday that it has expanded its South African operations to include the coastal towns of Plettenberg Bay, George, Knysna and Mossel Bay.
Uber Technologies has said it will triple headcount working on food delivery across Europe, the Middle East and Africa in its fight for market share against local rivals.
Uber Technologies has been told by banks that it could be a $120-billion company when it goes public. Investors will be the ones who decide, though.
Market-leading ride-hailing app Uber has introduced new safety features for customers and drivers in South Africa. Safety Toolkit is aimed at reducing the risk of using the app.
Ride-hailing service Taxify – a direct competitor to market leader Uber – said on Thursday that it is now directly integrated with Google’s Maps app in South Africa.