News — Uber

Uber’s attempt to buy Grubhub comes under fire

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Enlarge / Young man on a bike with Uber Eats logo delivering food in Bucharest, Romania, 2020 (credit: Getty Images) An attempt by Uber to build the largest meal delivery company in the US by buying its rival Grubhub has immediately come under fire from lawmakers, city officials, and antitrust experts. Uber and Grubhub, currently the second and third-largest US meal delivery companies by market share behind DoorDash, are in talks over a tie-up as the coronavirus crisis accelerates consumer demand for delivery services, according to two people familiar with the situation. Grubhub’s share price rose 29 percent on Tuesday,...

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Dara Khosrowshahi says Uber remains committed to India but offers no concrete plans

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Uber said on Tuesday that it has won a bid to work with government-run subway system in India’s capital in one of its rare announcements in India, a key overseas market where it is facing a fierce battle with local giant Ola. The ride-hailing giant said it has partnered with Delhi Metro Rail Corporation (DMRC) to deploy parking spots and introduce new products at 210 subway stations in Delhi, Gurgaon, and Noida. Neither of the parties offered a clarification on how many years it would take for these deployments to materialize. A DMRC executive said Uber was not an exclusive...

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Dara Khosrowshahi says Uber remains committed to India but offers no concrete plans

Posted by admin on

Uber said on Tuesday that it has won a bid to work with government-run subway system in India’s capital in one of its rare announcements in India, a key overseas market where it is facing a fierce battle with local giant Ola. The ride-hailing giant said it has partnered with Delhi Metro Rail Corporation (DMRC) to deploy parking spots and introduce new products at 210 subway stations in Delhi, Gurgaon, and Noida. Neither of the parties offered a clarification on how many years it would take for these deployments to materialize. A DMRC executive said Uber was not an exclusive...

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