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Tag: Uber

Uber takes its flying taxi ambitions to Australia

Uber has said Australia will become the first international market for its flying taxi service Uber Air. The firm has selected Melbourne as the third pilot city for its air taxi programme,...

Uber sets terms for IPO, posts $1bn first-quarter loss

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, potentially the largest US listing in years and a test of...

Uber plans to sell around $10 billion worth of stock in IPO

Most of the shares sold would be issued by the company, while a smaller portion would be owned by Uber investors cashing out, one of the sources said. Uber Technologies Inc has...

South Africa’s FlexClub raises $1.2M, partners with Uber Mexico

FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the financing to...

Uber Air could see SA shoppers flying to malls via skyports, says exec

Ridesharing company Uber says it is working on "a whole generation of transport modalities" – one of which is Uber Air, an urban aviation ride sharing product that could see shoppers...

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How an Antarctic iceberg will solve SA’s water crisis

He is a man who has fought armed pirates, salvaged cruise ships and rescued penguins in need. But now he is trying to solve...

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