Uber quarterly loss jumps as it invests in 'big bets'

Uber quarterly loss jumps as it invests in 'big bets'

Uber on Wednesday (Aug 15) disclosed that its quarterly loss jumped despite taking in more money, as it invested in scooters and other "big bets."
Spanish taxis call off strike against Uber

Spanish taxis call off strike against Uber

Spanish taxis late on Wednesday (Aug 1) called off their days-long strike against online ride-hailing services like Uber after Madrid agreed to let regional governments regulate the sector.
Madrid taxis join Barcelona strike against Uber

Madrid taxis join Barcelona strike against Uber

Taxi drivers in Madrid went on strike on Saturday (Jul 28) in solidarity with Barcelona cabbies protesting against "unfair competition" from Uber and Cabify.
Tax authorities face losing over $2 million in taxes from Uber

Tax authorities face losing over $2 million in taxes from Uber

Collecting taxes from some foreign firms continues to be challenging for the Vietnamese tax authorities, with Ho Chi Minh City Tax Department recently admitting its struggle in collecting VND53.3-billion ($2.36 million) in taxes from the ride hailing firm Uber due to the firms withdrawal from the domestic market.
Local ride-hailing apps struggle to compete with Grab

Local ride-hailing apps struggle to compete with Grab

Vietnamese ride-hailing businesses are still struggling to grab market share even after the departure of Uber from Southeast Asia and complaints about the top ride-hailing app Grab.
Could Grab and Uber be forced to unwind their merger? Unlikely, experts say

Could Grab and Uber be forced to unwind their merger? Unlikely, experts say

Singapore's competition watchdog has suggested that the recent merger between ride-hailing companies Grab and Uber could be undone after investigations revealed that the deal has infringed the Competition Act.
Competition reviving up in Vietnam's car-hailing market

Competition reviving up in Vietnam's car-hailing market

Following Uber’s departure from Vietnam, the country’s ride-hailing market has witnessed the entrance of both domestic and international applications, such as Aber, FastGo, Go-Viet and VATO.
What future awaits Grab and Uber?

What future awaits Grab and Uber?

Cancelling the merger or obligating Grab to sell off the acquired operations are very distinct possibilities, although some are calling to let the deal stand.
Ride-hailing sector competition throwing sparks

Ride-hailing sector competition throwing sparks

The race for market share in the Vietnamese ride-hailing sector has just entered a new phase with the arrival of big players like Go-Jek, Aber, and MVL.
Go-Jek to invest $500 million into Southeast Asian expansion

Go-Jek to invest $500 million into Southeast Asian expansion

Go-Jek will invest $500 million into expanding operations in Vietnam, Thailand, Singapore, and the Philippines to fill the void left by Uber.
Uber taps into Japan with first taxi-hailing pilot

Uber taps into Japan with first taxi-hailing pilot

TOKYO: Uber announced Tuesday (May 22) it would start its first taxi-hailing pilot programme in Japan this summer, as it bids to break into a tough market in the world's third largest economy.
Grab-Uber merger threatens monopoly

Grab-Uber merger threatens monopoly

By their combined market share exceeding 50 per cent, the deal between Grab and Uber violates Vietnam's Competition Law.
Uber shows off its vision for future 'flying taxi'

Uber shows off its vision for future 'flying taxi'

It's not a bird, nor a plane. But Uber's new prototype vehicle unveiled on Tuesday (May 8) shows off its vision of the future of transportation - a "flying taxi" that aims to alleviate urban congestion.
MVL Chain to bring blockchain-based ride-hailing app to Vietnam

MVL Chain to bring blockchain-based ride-hailing app to Vietnam

Foreign and domestic firms are lining up to fill the vacuum left by Uber with unique offers for a slice of the market.
Domestic firms launch ride-hailing applications to fill in Uber’s space

Domestic firms launch ride-hailing applications to fill in Uber’s space

After the merger between Uber and Grab, domestic enterprises accelerate their plans to launch ride-hailing applications to fill the void left in Uber’s wake.
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