Uber

Uber’s Sells China Operations to Didi Chuxing; will Focus on Other Markets

Uber’s Sells China Operations to Didi Chuxing; will Focus on Other Markets

A fierce competition in the ride hailing services comes to an end in China with Uber selling its operations in the country to its rival Didi Chuxing.

The move will not only end a long drawn price war but will also give Uber a chance to focus in other expanding markets and a probable IPO.

China Legalizes App-based Ride Hailing Services like Uber and Didi with Certain Guidelines and Rules

Uber and Didi

China is the largest market for ridesharing services and for long Uber has been facing tough competition from the local leader in the business, Didi Chuxing.

Uber Testing Pre-Scheduled Ride Option in Seattle; Soon to Expand to “Top Business Travel Cities.”

Uber Testing Pre-Scheduled Ride Option in Seattle; Soon to Expand to “Top Busine

Now, Uber users can pre-book their scheduled rides thirty days in advance, but right now only in specific locations.

More Capital for Uber; Saudi Arabia’s Public Investment Fund Invests $3.5 billion

More Capital for Uber; Saudi Arabia’s Public Investment Fund Invests $3.5 billio

Uber already operates in 69 countries with its presence in 460 cities and the company is spreading its network still. But that kind of expansion needs capital.

Toyota Entering Strategic Investment Deal with Uber

Toyota Entering Strategic Investment Deal with Uber

More and more car makers have been showing interest in the ride sharing companies like Uber and Lyft and the latest news comes from Toyota Motor Corp which has entered into a strategic investment p

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