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Uber to end service in Colombia after regulatory crackdown

In its latest regulatory blow, Uber will end operations in Colombia on Jan. 31, CNBC confirmed Friday. Local news outlet El Tiempo first reported the news. Uber shares were up less than 1% on Friday afternoon. Read more: https://cnb.cx/35L6VmC

‘Winter’ is coming for Asia’s unicorns in 2020

TOKYO — Asia’s unicorn boom slowed in 2019 in terms of pace of creation and fundraising, as investors turned more cautious about fast-growing startups’ valuation following WeWork’s IPO debacle. Read more: https://s.nikkei.com/2sPAwxF

How to get a Uber trip invoice: Step by step guide

Uber is an American multinational ride-hailing company which offers you to book a cab online according to your choice. In other words, Uber is a new form of transportation which has made our day to day travel easy. Uber became… Continue Reading →

Uber Completes Acquisition of Careem

SAN FRANCISCO & DUBAI–(BUSINESS WIRE)–Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Read more: https://bwnews.pr/2sQoiox

First picture of Uber Eats driver stabbed to death in ‘act of cowardice’

Tributes have been paid to a ‘hard working’ food delivery driver who was fatally stabbed in Finsbury Park on Friday night. The man , named locally as Taki Dine, was a 30-year-old Algerian working for both Uber Eats and Deliveroo,… Continue Reading →

Uber, Postmates Sue California to Block Gig-Worker Law

Uber Technologies Inc. and Postmates Inc. sued the state of California, alleging that a labor rights law set to go into effect this week is unconstitutional. Read more: https://bloom.bg/2ujwFth

Uber’s Acquisition of Careem Gets Egyptian Nod, With Conditions

LISTEN TO ARTICLE 1:11 SHARE THIS ARTICLE Share Tweet Post Email The Careem ride-hailing app. Photographer: Christopher Pike/Bloomberg Photographer: Christopher Pike/Bloomberg Egypt signed off on Uber Technologies Inc.’s acquisition of ride-hailing peer Careem Inc. Read more: https://bloom.bg/2FarG0e

SoftBank’s China strategy wobbles as key bets disappoint

HONG KONG/BEIJING (Reuters) – For SoftBank Group Inc, financial technology firm OneConnect’s IPO should have been a vindication of an aggressive China investing strategy. Read more: https://reut.rs/379MqRR

Uber CEO Q&A: When rape happens in an Uber, who’s responsible?

Uber provided many numbers this week when it released its first-ever safety report, tallying thousands of incidents of sexual assault and death among its drivers and passengers. Now come the questions the 84-page report didn’t answer. Read more: https://wapo.st/2RGkgt6

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