Uber says it can create 50,000 jobs in Europe

Last Updated: Monday, January 19, 2015, 18:51

The car-sharing start-up Uber can create as many as 50,000 jobs in Europe this year as part of a "new partnership" with European cities, its chief executive told a conference in Munich.

India working to fix e-commerce payments post-Uber case: Rajan

Last Updated: Saturday, December 27, 2014, 15:54

Earlier this year, local taxi companies complained that Uber was not following India`s two-step verification for all e-commerce transactions.

China's Baidu invests in controversial taxi app Uber

Last Updated: Wednesday, December 17, 2014, 19:33

Chinese search engine Baidu, the country's equivalent of Google, announced Wednesday it has bought a stake in Uber for an undisclosed sum, as the controversial US web-based taxi app seeks to expand into an already crowded market.

Uber faces tough rivals, regulatory glare in China

Last Updated: Wednesday, December 17, 2014, 15:06

Deep-pocketed Chinese rivals and tough regulators stand in the way of U.S. car-hailing service Uber`s plans to conquer one of the world`s biggest transportation markets, even after it signed a tieup with domestic internet giant Baidu Inc.

China's Baidu confirms investment in online taxi service Uber

Last Updated: Wednesday, December 17, 2014, 11:47

The companies didn`t disclose how big a stake Baidu is taking, nor how much it is paying for the investment, announced jointly in Beijing.

Chinese internet giant Baidu to invest $600mn in under fire Uber

Last Updated: Saturday, December 13, 2014, 13:44

According to Tech Crunch, a Baidu spokesperson confirmed that the company has arranged a press conference for next week when it will announce "an investment in and strategic cooperation deal with a prominent US-based startup."

Uber needs to ensure passengers safety: Yahoo chief

Last Updated: Thursday, December 11, 2014, 13:42

"I think they have to take a look at what are we doing to make sure that passengers are safe wherever they are," Webb said.

Chicago plans app so taxis can compete with Uber, ridesharing services

Last Updated: Thursday, December 11, 2014, 09:21

Chicago opened a new front in the war on ridesharing services like Uber on Wednesday, approving a plan to sponsor an app for riders to hail local cabs.

Huge opportunity for Uber-like services in India: Infosys CEO

Last Updated: Wednesday, December 10, 2014, 20:45

Uber may be in the midst of a major controversy over a rape incident in India, but Infosys' CEO Vishal Sikka feels that digital services like this app-based taxi provider have huge potential in the country.

Chinese 'Uber' service gets $700 million investment

Last Updated: Tuesday, December 9, 2014, 22:04

Didi Taxi, China's popular cab-hailing app similar to Uber, has attracted an investment worth more than USD 700 million, it was announced Tuesday, marking the biggest investment in China's mobile internet sector.