Uber Finalizes Deal to Sell Major Stake to SoftBank

Uber Finalizes Deal to Sell Major Stake to SoftBank

Uber recently completed a deal to sell a significant stake of itself to SoftBank, a Japanese conglomerate, paving the way for the ride-hailing company to make sweeping governance changes and to go public by 2019. Under the agreement, a consortium of investors led by SoftBank will buy at least 14 percent of Uber through a combination […]

Uber rolls out its in-app tipping feature to the UK

Uber rolls out its in-app tipping feature to the UK

Uber is bringing its in-app tipping feature to the UK, after rolling it out to the US as of the company’s 180 days of change. Tipping is a feature that has long been called for and drivers may now feel adequately rewarded for their service. Customers are given the option to tip their driver once the […]

China’s DiDi to back small Uber rival Taxify in Europe, Africa

China’s DiDi to back small Uber rival Taxify in Europe, Africa

Chinese ride-hailing company DiDi Chuxing is investing an undisclosed amount in Estonian online taxi firm Taxify to help it expand in Europe and Africa, where it has gained share in some cities against US player Uber. DiDi Chuxing will invest in and collaborate with Taxify to support the latter’s further expansion across its regional markets, […]

Uber Can Now Start Trips Based on Your Calendar

Uber Can Now Start Trips Based on Your Calendar

Uber has introduced a new feature that syncs with your calendar to easily add the addresses of any meetings or appointments as an intended destination on the its app. The Calendar Shortcuts feature will provide the user with a ‘shortcut’ to the address, at the bottom of the screen, when opening the Uber app. The […]