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Uber IPO Could Fall Short Of Expectations!

Uber IPO
The year 2019 is going to be more exciting in terms of Initial Public Offering (IPO). As per the earlier estimation, Uber IPO - expected this year - could value the company as much as $120 billion. Now, some of the recent developments indicate that the ride-hailing giant could well fall short of market expectations, and would have to...

With New Uber Gift Cards Uber Aims To Make The Most Of This Festive Season in India

Uber gift cards for rides and Uber eats
The app-based ride service provider Uber has already kicked off its marketing campaigns to make the most of this festive season in India. Uber Gift Cards, as the company calls it, is launched in India today. The company is aiming to lure its existing customer base and online shoppers who always look out for something unique to gift their...

From 500 Million To 1 Billion Rides In Just 1 Year: Uber Seems Unstoppable In India

number of uber rides
Uber needs no introduction in India, we all are well acquainted with this name – because we use it almost every day! The company achieved a major milestone on 31st July 2018, when it completed 1 billion rides in India and South Aisa. Uber's 1 billionth trip took place in Bengaluru, the city where almost five years ago it booked...

The Mounting Losses Of Ola Could Soon Make The Mega-Merger A Reality

Ola, already in a bruising battle for market leadership in the Indian market against American rival Uber, has registered a loss as high as Rs. 4,897.8 Crore in FY16-17. This loss has been widening its gap irrespective of the fact that the revenue of Ola grew 70% during the fiscal year 2016-17 as compared to FY 2015-16, according to...

Uber Lite: The 5 MB App That Posses A Lot Of Questions

Uber lite app india
App-based ride-hailing giant Uber unveiled its new application Uber Lite which is just 5 MB in size and claims to have a response time of 300 milliseconds. The application is designed while focusing on the developing economies like India, Latin America, Africa and the Middle East. This application might attract users with old, data crunched and slow phones. Uber...

Global Ride Hailing Market Subjected To A Schemed Upheaval

global ride hailing market
Be it passenger comfort or ease of booking, the global ride-hailing market is certainly not just any chance occurrence. The sure sign of the upsurge in demand for the ride-hailing services on a global level is due to the convenience it provides to the customers. However, as per recent reports by Counterpoint Research, the global ride-hailing market is undergoing a major...

Uber: 39 Facts About The Most Controversial Yet Most Valued Startup

stats and facts about uber
Uber is world's most valued startup having a valuation soaring to $72 billion in February 2018. Despite all hullabaloo, that company has gone through in the recent past, Uber is still scaling new heights by adding new marketers at regular intervals. Even the dramatic exit of Travis Kalanis, co-founder and former CEO of Uber, didn't shake the company much.On the...

Why Are Google, Facebook And Whatsapp Bullish About Digital Payment Services?

google to integrate UPI
India is going digital. From productivity to entertainment, Indians are increasingly reliant on technology to fulfil their myriad needs. However, while numerous facets of the Indian industry have adopted digital platforms readily, financial transactions remained anachronistically antiquated for a long while. This situation was turned on its head in late 2016 due to the demonetization move made by the Indian...

The New CEO of Uber: It’s Sheryl Sandberg vs Marissa Mayer!

the new CEO of Uber Sheryl Sandberg
A female CEO would help Uber to win back its market reputation and get the company out from the slew of sexual scandals.This is what Uber's Board seems to be convinced of. The board has started to screening the portfolios of the best candidates to fill the position which has gone vacant after the exit of Travis Kalanick, Founder of...

Uber Founder & CEO Travis Kalanick Resigns After Hours of Drama !

Uber CEO Travis Kalanick resigns
Problems for the world's most valuable start, Uber, is far from over. After a long debate, discussion, speculation, stories, investigation, developments, Uber's Founder & CEO Travis Kalanick has resigned from the post of Chief Executive Officer (CEO). He is the second top executive in the company who is axed within a week.It was just last week when Kalanick decided...

Uber CEO Travis Kalanick Is Going on Indefinite Leave After the Expose of Toxic Work Culture At Uber

Uber CEO on leave
Uber CEO, Travis Kalanick has decided to stay away from the company's day-to-day operation for some time now. According to the latest email sent by Kalanick, it's high time for him to revisit company's strategy and management, besides reinventing himself to guarantee the success of Uber 2.0. Although he has cited his mother's sudden demise as a reason behind his...

Is The Indian Government’s Move On Surge Pricing by Uber And Ola Justified?

uber ola surge pricing
To Surge or Not To Surge, is no more a question for the cab aggregators across India. Only last month, the Ministry of Road, Transport, and Highways of India issued guidelines, which now allows surge pricing of up to three times the base fare during the day and up to four times between midnight and 5 am in the morning.Surge...

Google All Set to Launch Its Ride-Sharing Service: Trouble For Uber?

google ride sharing service
The app-based cab aggregation industry is growing really fast, becoming highly competitive, with many challenges for the players. Despite, the market has been attracting new players at regular intervals, and the new entrant is Google. Amidst the competition and challenges, Google is all set to launch its ride-sharing service through the Waze app. Waze, which Google acquired in 2013...

Why Is Uber Investing $500 Million To Reinvent the Whole Wheel ?

Uber Maps
Uber is reportedly developing its map services and has decided to invest a whopping $500 million in pursuing it. While we can see the move as a step closer to technology advancement Uber has taken, the question arises, has Uber become fanatic? Google already has a matured Map System, which is built over the years, then why is Uber trying to...

Ola Restructuring and Layoffs on Cards After Uber’s Open Challenge [UPDATED]

ola layoffs
Update 1: March 17, 11: 45 PM: Ola has responded to the story and rejected the possibility of any such layoffs. In an email to us, Ola clarifies that the company continues to grow fast and is focused on hiring top talents. They also went on claiming that the unicorn has no plan to layoff those employees who will be...

Happy Birthday Travis Kalanick: The Man Behind The World’s Most Valued Startup, Uber !

Travis Kalanick Uber
The perception of a platform that caters the needy with the essential services and reinventing it into a reality is amazing. With sales being a primary focus as a young boy, he excelled in marketing Cutco knives as a door-to-door salesman. At the age of 18 years, Travis Cordell Kalanick came up with his venture named New Way Academy...

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YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

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