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Friday, April 26, 2019

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Tag: Uber

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...

‘Uber is now a transport business’

Just a day after attending the e-hailing public hearing in the provincial parliament, transport businessman Tinyiko Khoza sits in one of his cars and reflects on his dream of expanding his...

Uber prices skyrocket due to Cape Town taxi strike

Uber prices in Cape Town have reportedly reached new highs on Monday after a strike by the Western Cape minibus taxi drivers got underway. One user said she was expected...

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SA business lobby to challenge proposed law to regulate Airbnb

A business lobby group says it is considering legal steps to challenge a new bill meant to regulate short-term home rentals, including those on...

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