Uber News

Interested in getting a daily email digest with news about Uber, the popular ridesharing service? Lots of people are. Wiser has created a free Uber news email digest that scours the best publishers on the web to provide a single daily update with the 10 latest Uber-related articles. As the “Uber-fication” of the mobile economy continues, investors, technologists, taxi industry stakeholders, elected officials, consumers and others are carefully watching what Uber does next. Originally founded in San Francisco in 2009 by Travis Kalanick, Uber has expanded rapidly over the past couple years. As of September 2014, Uber’s vehicle-for-hire service was available in 45 countries and more than 100 major cities around the world. While Uber originally launched its serviced with only full-size luxury cars in its fleet, in 2012 it released a less expensive alternative called UberX that used smaller vehicles. UberX’s inexpensive ridesharing program has driven the cost of transportation down, but also pitted Uber against traditional taxi companies and services. Stay updated on the latest Uber news — sign up for Wiser’s free daily Uber news digest with links to the best coverage from around the web.

Recent Uber News Coverage
 
Your Weekly Recommendations Monday, July 24, 2017
 
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Grab to Raise $2.5 Billion From Didi and SoftBank
The New York Times • Reuters
Softbank, Didi Chuxing Invest $2 Billion in Uber Rival Grab
Bloomberg
5-Year-Old Girl Fined For Having A Lemonade Stand (And You Wondered Why Starting a Business is Hard)
Inc. • Chris Matyszczyk
Mega Cabs to invest Rs 500 crore in 3 years, expand to 20 cities
The Economic Times of India • Pti
Is This the Woman Who Will Save Uber?
The New York Times • Sheila Marikar
What I Read This Week: GST working, ask truckers! VISA out to wipe out cash
The Economic Times of India
Burbank Unified renews transportation services contract with First Student, Inc.
Los Angeles Times • Priscella Vega
Lyft Says, ‘Me Too!’ and Dives Into the Self-Driving Game
Wired • Aarian Marshall
The IRS May Crack Down on Airbnb and Uber Income and Unpaid Taxes
Skift • Ben Brody, Bloomberg
Lyft Shifts Gears With New Driverless-Car Division
The Wall Street Journal • Greg Bensinger
 
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Auto Industry, Finance
Grab to Raise $2.5 Billion From Didi and SoftBank
The New York TimesReuters
SINGAPORE — Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, said it expects to raise $2.5 billion in its latest financing round that will help bolster its leading position in the region and grow its payments platform. Chinese peer Didi...
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Finance, Green Transportation
Softbank, Didi Chuxing Invest $2 Billion in Uber Rival Grab
Bloomberg
Grab raised $2 billion from Didi Chuxing and SoftBank Group Corp., the largest-ever venture fundraising in Southeast Asia, as it steps up efforts to fend off Uber Technologies Inc. Another $500 million is anticipated from existing and new investors, Grab said in...
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Uber Technologies Inc
5-Year-Old Girl Fined For Having A Lemonade Stand (And You Wondered Why Starting a Business is Hard)
Inc.Chris Matyszczyk
Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. Building a business requires a little courage and a few small steps to begin. You get an idea. You start to implement it....
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Finance, Green Transportation
Mega Cabs to invest Rs 500 crore in 3 years, expand to 20 cities
The Economic Times of IndiaPti
NEW DELHI: Taxi service provider Mega Cabs is looking to invest Rs 500 crore in the next three years to expand its services to 20 cities, betting big on airports, railway stations and other public points of transit. The company, which ran...
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Economic Policy, GlaxoSmithKline plc
Is This the Woman Who Will Save Uber?
The New York TimesSheila Marikar
A little over a year before Bozoma Saint John became the first chief brand officer at Uber, the transportation company’s best hope to rehabilitate its tarnished image, she hailed a ride from the Four Seasons hotel in Austin, Tex., to a nearby...
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American Express Co, Bank of America
What I Read This Week: GST working, ask truckers! VISA out to wipe out cash
The Economic Times of India
Even at today’s prices, oil generates an estimated 95% of export revenues for Venezuela.
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Education, Green Transportation
Burbank Unified renews transportation services contract with First Student, Inc.
Los Angeles TimesPriscella Vega
The Burbank Unified School District renewed its transportation-services contract with its longtime school-bus provider for another three years during a school board meeting Thursday. The district issued a bid to hear from other transportation-service providers, but school officials ultimately agreed First Student...
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Green Transportation, Lyft Inc
Lyft Says, ‘Me Too!’ and Dives Into the Self-Driving Game
WiredAarian Marshall
Conventional wisdom on self-driving used to go like this: A smart tech company, like Google's Waymo, writes the self-driving software. A smart chip company, like Nvidia, provides the computing power. A smart automotive supplier, like Delphi, brings the car parts. A smart...
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Airbnb Inc, Lyft Inc
The IRS May Crack Down on Airbnb and Uber Income and Unpaid Taxes
SkiftBen Brody, Bloomberg
Airbnb Inc. hosts and Etsy Inc. vendors who have avoided taxes on income from the sharing economy might have to start sharing more with the Internal Revenue Service. Federal rules don’t require such companies to withhold any income taxes on the payments...
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Lyft Inc, Self-Driving Cars
Lyft Shifts Gears With New Driverless-Car Division
The Wall Street JournalGreg Bensinger
While Uber Technologies Inc. has embarked on a costly mission to develop self-driving vehicles, rival Lyft Inc. set a different course, relying on partnerships for what many believe is the future of urban transportation. Now Lyft is shifting gears at a vulnerable...
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