Uber Archives — City Business News

March 10, 2024 No Responses

Lagos Govt To Sanction Uber

Citing non-compliance with an important data-sharing agreement, the Lagos State Government has announced its intention to sanction Uber Technologies System Nigeria Ltd. The Lagos State Commissioner for Transportation, Mr Oluwaseun Osiyemi, explained in a statement that the action against Uber was...

January 17, 2024 No Responses

Kia, Uber Seal Ride Hailing MoU

November 11, 2021 No Responses

US Sues Uber For Overcharging Disabled People

The US Justice Department (DoJ) is suing ride-hailing app Uber over allegations it has been overcharging disabled people. The DoJ claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to ...

February 24, 2021 No Responses

South African Uber Drivers Join Global Push For Worker Rights

A group of South African Uber drivers are to go to court to seek rights including compensation for unpaid overtime and holiday pay, their lawyers said on Tuesday, hoping for a similar victory to that of British drivers this month.In both Britain...

May 9, 2020 No Responses

Uber Loses $2.9b In Q1

For the first quarter of 2020, Uber lost $2.9 billion as its overseas investments were impacted by the coronavirus pandemic. Meanwhile, the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.T...

May 7, 2020 No Responses

Uber Sacks 3,700 Full-Time Staff

Uber has announced plans to cut 3,700 full-time staff – about 14% of its workforce – as business plunges following pandemic shutdowns. Chief executive Dara Khosrowshahi will also waive his base salary – set at $1m (£809,690) in 2019 –....

April 1, 2020 No Responses

COVID-19:Uber Unveils ‘UberMedic’ For Healthcare Workers

Ride-hailing company Uber on Tuesday said it has launched a new service ‘UberMedic’ to help transport frontline healthcare workers to medical facilities and other critical areas across India. “Uber is providing a new service, UberMedic, to tr...

November 26, 2019 No Responses

Uber Loses Licence In London

Transport for London (TfL) on Monday refused to give the ride-hailing company Uber, a new licence to operate in London over safety and security concerns. The licensing body said in a statement that “TfL has identified a pattern of failures...

May 31, 2019 No Responses

Uber Declares $1b Loss

Uber has posted a $1bn (£790m) loss as the ride-hailing firm delivered its first figures since a disappointing flotation earlier this month. The quarterly loss came despite a 20% a rise in revenues to $3.1bn and increase in monthly active...

February 18, 2019 No Responses

Uber Explains $50b Annual Bookings

Uber had $50 billion in total bookings for its ride-service and food-delivery businesses in 2018. But figures released by the company showed revenue grew just 2% in the fourth quarter, a sign that Uber continues to heavily subsidize rides in competitive.....