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Uber Eats’ global commission takes a hit

Uber Eats made it known over an earnings call for Q1 2019 with analysts that the company’s take rate, or the commission/fee made from orders received by the company, reduced by 4 per...

Hyundai and Kia join hands to invest $300 million in Ola

Facing stiff competition from Uber, cab aggregator Ola has just got the push to get their nose in front. According to NDTV, Hyundai Motor...

Paytm launches ‘First’ loyalty programme based on subscription

Paytm, on Tuesday, announced that it has launched its first rewards and loyalty programme that works on a subscription basis. Users can subscribe to the programme, called Paytm...

Mahindra and Mahindra to challenge Uber and Ola in India

In what would send shivers down the spines of cab aggregators Uber and Ola, who have enjoyed being at the helm of the cab...

Swiggy could munch into Uber Eats in share-swap deal, Zomato salivates

A deal that could lead to Swiggy wearing the crown of the food-delivery business in India, according to reports, Swiggy is eyeing an acquisition...

Flipkart co-founder invests Rs.150 crore in Ola

With Walmart acquiring Flipkart recently in a humongous payout that saw its co-founder Sachin Bansal walk away with a $1 billion settlement, it was...

Uber Eats announces accident insurance for delivery executives

Uber Eats, a food delivery application, announced that it has partnered with Tata AIG General Insurance to provide accident insurance cover to its delivery...

Toyota all set to invest $500 million in Uber to boost...

In what could be a landmark investment for car manufacturer Toyota and giant cab aggregator Uber, Toyota is all set to invest $500 million...

Uber appoints CFO ahead of IPO

As Uber paves the way to an initial public offering (IPO), the company appointed a new Chief Financial Officer (CFO). The new CFO, Nelson...

Pradeep Parameswaran promoted to Uber head of India and South Asia

Keeping India as a priority market since it exited China recently, Uber has promoted Pradeep Parameswaran as the head of India and South Asia...