Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid sick leave, state officials announced Thursday.
Bollywood star slams Uber after 'scariest experience' in London

Bollywood star slams Uber after 'scariest experience' in London

Sonam Kapoor Ahuja, daughter of Slumdog Millionaire star Anil Kapoor, said her driver was "unstable and was yelling and shouting" during the journey.
Uber, Hyundai Motor team up to develop electric air taxi

Uber, Hyundai Motor team up to develop electric air taxi

US ride-hailing company Uber Technologies and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday (Jan 6), joining the race for flying cars to ease urban congestion.
Vietnam seeks to provide fair treatment to ride-hailing, traditional taxi firm

Vietnam seeks to provide fair treatment to ride-hailing, traditional taxi firm

The Ministry of Finance makes a careful study of tax laws to collect taxes from electronic contract-based vehicles to avoid evasion and ensure a level playing field for ride-hailing and traditional taxi firms.
VCA submits complaint about Grab-Uber ruling

VCA submits complaint about Grab-Uber ruling

The VCA submitted a complaint about the decision of the Vietnam Competition Authority that Grab's acquisition of Uber does not violate the Competition Law.
Grab-Uber deal found legal

Grab-Uber deal found legal

The Vietnam Competition Authority issued the decision that Grab's acquisition of Uber does not violate Vietnam’s Competition Law.
Uber names Melbourne as first non-US city for flying car programme

Uber names Melbourne as first non-US city for flying car programme

Uber on Tuesday (Jun 11) selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveiled new partners for the ambitious initiative.
Toyota, SoftBank Vision Fund in $1bn Uber investment

Toyota, SoftBank Vision Fund in $1bn Uber investment

Japanese car giant Toyota and investment fund Softbank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services.
Additional investigation for deal between GrabTaxi and Uber

Additional investigation for deal between GrabTaxi and Uber

The investigation of the deal between ride-hailing firms GrabTaxi and Uber will be carried out by VCA within 60 days.
Grab’s acquisition of Uber scrutinised

Grab’s acquisition of Uber scrutinised

The Ministry of Industry and Trade has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam.
Deal between Grab and Uber may be prohibited in Vietnam?

Deal between Grab and Uber may be prohibited in Vietnam?

It is now in the hands of the VCC to decide whether the M&A between Grab and Uber violates Vietnamese competition law.
Grab’s acquisition of Uber may have broken law

Grab’s acquisition of Uber may have broken law

Grab’s acquisition of Uber may have violated the Competition Law, according to the Vietnam Competition Authority (VCA).
Uber hit with UK, Dutch fines for data breach

Uber hit with UK, Dutch fines for data breach

THE HAGUE: Britain and the Netherlands fined ride-hailing giant Uber more than one million euros on Tuesday for hiding a huge data breach for more than one year.
New measures protect Grab users against 'excessive' surge prices, but no restoring of discounts expected

New measures protect Grab users against 'excessive' surge prices, but no restoring of discounts expected

As part of measures imposed by the Competition and Consumer Commission of Singapore (CCCS) to level the playing field in the ride-hailing industry, Grab will now be required to maintain its pre-merger pricing algorithm.
Singapore competition watchdog fines Grab, Uber S$13 million in total over merger deal

Singapore competition watchdog fines Grab, Uber S$13 million in total over merger deal

Singapore's competition watchdog has fined Grab and Uber a total of S$13 million over their merger, saying that the deal has led to the substantial eroding of competition in the ride-hailing market.
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