Monday, January 13, 2025
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Uber Ride-Hailing

DiDi Ride-Hailing Service to Rival Uber in South Africa

DiDi Chuxing Technology Co has announced it would launch a ride-hailing service in South Africa. The Chinese company already has more than 600 million users across Asia, Latin America & Russia. In a statement, DiDi says it "understands the challenges ...

Ride-Hailing Businesses Begin to Recover

Uber Technologies Inc.'s global rides business is down 70% from this time last year, a small improvement from its rock-bottom fall during the beginning of the coronavirus pandemic. Though slight, it is an indication that recovery is coming, albeit...

Uber Lays Off 14% of Global Workforce due to COVID-19

Uber is laying off thousands of its employees as the ongoing pandemic continues to impact business. The company said in a filing on Wednesday that it is cutting about 3,700 full-time roles or roughly 14% of its staff on the...

Uber Launches New Delivery Services as Demands for Ride-Hailing Screech to a Halt

Uber is launching a new pair of services called Uber Connect and Uber Direct as the ongoing coronavirus pandemic minimizes demand for its traditional ride-hailing business. The company has switched focus on moving items rather than people. Uber Direct will...
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How Fintech is Changing: Insights from Clinton Leask of Pay@

With today’s modern consumer demands, brands know that every touchpoint in the consumer journey is critically important. This is...
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