Mercedes-Benz owner Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance aimed at accelerating the production of “robo-taxis.” The pact between the world’s largest maker of premium cars and the world’s largest automotive supplier …
Grab, Uber Technologies Inc.’s biggest rival in Southeast Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest $700 million in its largest market. The purchase is aimed at beefing up …
Thailand’s transport authorities have begun a crackdown on drivers for ride-hailing services Uber and Grab and want the military government to ban them, a transport official said on Tuesday. U.S.-based Uber has faced regulatory hurdles around the world and when …
Uber Technologies Inc. lost a ruling over London transport rules that require language tests for drivers, which could keep 40,000 people from joining the industry over the next three years. Judge John Mitting ruled in favor of Transport for London …
Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, …
Uber Technologies Inc. offered to guarantee revenue for its most financially strained French drivers, temporarily averting a new law that would force a minimum wage for all chauffeurs. The company proposed a 21 euro ($22.50) per hour minimum gross revenue …
Uber Technologies Inc. said it will suspend its service in Taiwan from Feb. 10, firing the latest salvo in the ride-hailing service company’s long-running dispute with the island’s authorities. Uber’s move comes after Taiwan recently raised fines against unlicensed ride-sharing …
Investors and companies are getting a preview of how the Taiwan government’s plan to become “Asia’s Silicon Valley” might fare. Uber Technologies Inc., one of Silicon Valley’s most disruptive companies and valued at more than $60 billion, launched services in …
Fifteen judges at the European Union’s top court are trying to decide, once and for all, whether Uber Technologies Inc. is an app or a transport company. The question has long vexed regulators and lawmakers across the region. Defeat for …
Uber Technologies Inc on Thursday won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. U.S. District Judge Alvin Thompson in Hartford, Connecticut, said …
