Why Uber is in a larger crisis than $5.2 billion loss

BY PRITHVI BEHL | DKODING MEDIA Uber IPO fell by 6% after Uber’s loss of $5.24 Billion. Compared to last years $878 Million, this is a significant increase. What is responsible for this? Costs are on an all-time high with…

Government could soon scrutinize Ola and Uber for surge pricing

The Motor Vehicles Act, 1988, did not recognize cab aggregators as separate entity, after amendment the government will have the power to frame rules to regulate Ola, Uber and other app-based cab services and radio taxis.

Ola gears up to challenge Uber’s monopoly in London

Ola is seen as a potential threat to Uber Technologies Inc.’s dominance in the London ride-sharing market. Ola, owned by ANI Technologies, has stated that it will take on Uber in London before the end of the year. According to…

Uber’s runaway dreams find airspace in Melbourne

Uber has decided Melbourne will be the first city outside the US to have its flying taxi service.

Uber Now Offering Submarine Ride To The Great Barrier Reef

For non-diving travelers who want to see all the treasures the Great Barrier Reef has to offer, Uber is making dreams come true

Uber launches ‘Quiet Mode’ for silent rides

Uber Launches ‘Quiet Mode’ For When You Want Your Driver To Shut Up Ever called for an Uber after a long, tiring day and realized the driver was being too chatty? You can take a break from drivers who go…

Uber may soon allow you to mark ‘favorite’ drivers

Uber is reportedly testing a new feature that would allow you to mark a driver as a favorite. The option, spotted by Jane Manchun Wong, is available on the app after a ride has ended. You can ‘Add as favorite’…

Uber’s historic IPO debacle invokes collateral damage

Uber is officially the biggest high-profile market bust up ever| shares already down 17% | Effect being felt by investors shares Uber’s disastrous start is the rockiest IPO debut in a while, now stands 17 percent less than its initial…

OLA: The Serial Offender of Indian Startup Ecosystem

Ola Cabs has added yet another red mark in its long list of violations and controversies when its license to ply in Karnataka was banned for six months by the transport department; and then in a sharp U-turn, Karnataka Government…

What made Bansal invest in Bhavish’s Ola? | other side of the story DKODED

Is Sachin Bansal pretty late to the party ?  Has Sachin Bansal made an illogical decision by investing in loss making Ola? DKODING Newsline | Feb 26, 2019  HEAD SHOT Sachin Bansal has invested US$ 92 million in Ola through…