The funds transfer would give mobility services access to Vision Fund’s world-wide network of resources.
Read More →Uber has partnered with peer-to-peer platform Getaround to provide rental cars through the Uber app.
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This is the second city launch for ViaVan, following its launch in Amsterdam last month.
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Uber and Lyft drivers in Seattle and New York City are worried that base fare increases will deter people from using ride-hailing apps.
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Officials in two countries are investigating whether Grab's acquisition of Uber's Southeast Asia operations violates various antitrust laws.
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Uber has halted all testing for self-driving vehicles after what is considered the first fatality by an autonomous car.
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Uber's autonomous division also indicated to the California DMV that it will not renew its permits in the state for self-driving vehicle testing.
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The two companies are working together to seamlessly integrate Uber’s drivers and riders onto Grab’s app.
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Various subscription and pricing models have been rolled out for testing, including all-access passes for 30 standard Lyft rides for $199 per month, 60 standard rides for $399 per month, and $300 per month.
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In a blog post, Uber Chief Economist Jonathan Hall cited previous studies that found Uber drivers make wages closer to $13.04 per hour after expenses, compared to the $3.37 per hour found by the MIT paper.
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