Uber

Uber pulls its self-driving cars from SF roads after regulators revoke their registrations

Submitted by Cristina Warne on Thu, 12/22/2016 - 07:56

On Wednesday, ride-hailing company Uber was forced to shut down its self-driving pilot program in San Francisco because the registrations of the company’s 16 self-driving cars in the city were revo

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Uber’s self-driving cars to remain on SF roads, challenging California DMV’s order

Submitted by Cristina Warne on Sat, 12/17/2016 - 07:54

On Friday, ride-hailing service Uber said that it intends to continue operating its self-driving cars on San Francisco roads despite the California Department of Motor Vehicles (DMV)’s Wednesday or

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Uber signs $300M deal with Volvo; acquires startup Otto

Submitted by Giriraj Kishore on Fri, 08/19/2016 - 07:46

In a move which will potentially enable Uber to advance its ambitions of building self-driving cars for its ride-hailing service, the company announced on Thursday that it has inked a $300 million deal with automaker Volvo, and has also acquired a startup called Otto which develops self-driving technology for big-rig trucks.

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

Submitted by John Binz on Tue, 08/02/2016 - 08:46

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.

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

Submitted by Cristina Warne on Fri, 07/29/2016 - 08:26

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.