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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 [South…

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 slowly.…

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 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…