Uber-Deliveroo merger rumours spark investor fright as Just Eat shares tumble September 21, 2018 Shares in online food delivery service Just Eat tumbled as much as seven per cent in early morning trading, as news emerged that Uber is reportedly looking to buy rival competitor Deliveroo. Shares in the market leader Just Eat dropped to 647p, with other European food delivery firms Delivery Hero and Takeaway.com also being dragged [...]
Uber in early talks to buy food delivery competitor Deliveroo September 20, 2018 Ride hailing giant Uber is in early talks to buy food delivery competitor Deliveroo, according to reports. The acquisition would drive forward Uber's own food delivery service, which it operates through the Uber Eats app and launched in London in 2016. Read more: Ranked: The UK's most valuable brands, according to WPP The value of the deal is [...]
Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry September 20, 2018 Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]
Ryanair boss to lead airline past 2019 but steers clear of five-year deal September 20, 2018 Ryanair's colourful chief executive Michael O'Leary has said he will stay on past 2019 but that he would prefer to sign a 12-month rolling contract instead of a five-year deal. O'Leary, who has led the airline since 1994, was speaking at the airline's AGM, which the media was originally banned from attending. He said he would prefer [...]
European migrant crisis: Uber and Save the Children partner for #UberGiving donations on-demand to help refugees September 8, 2015 Uber has partnered with charity Save the Children to allow people to provide donations on-demand, with the aim of helping refugees fleeing Syria and other displaced people. The startup, better known for providing rides through its app, is now using its ubiquity across European cities to help people make donations to charities across the continent. [...]
Uber China raises $1.2bn led by Baidu while local rival Didi Kuaidi bags $3bn September 7, 2015 China is the new battleground for Uber – and now it has landed billions to fund a fight against a rival which calls the country home turf. Speaking to Chinese media, Uber boss Travis Kalanick confirmed UberChina has bagged at least $1.2bn (£787m) in its latest round of funding, with the investment led by one of [...]
Uber drivers given green light by US judge to launch class-action lawsuit September 3, 2015 Uber drivers have been given the go-ahead by a judge in the US to launch a class-action lawsuit which could result in its model being radically altered Read more: Uber vs black cab: Who wins among London passengers? – Brand Index The drivers are fighting for the right to be classed as employees rather [...]
Why your chief executive should wear a hoodie: Those with the technical know-how are increasingly in demand for the top jobs September 2, 2015 In the early days of a startup, once your company achieved scale, the technical founder would step back to be replaced with a “professional chief executive”. This used to be commonplace; everyone from Cisco to eBay went through the management team merry-go-round. But the tide is turning and there is a growing acceptance [...]
Black Cabs are offering cut-price off-peak fares to take on Uber September 2, 2015 London’s Black Cabs have launched a fightback against Uber and other app-based taxi services by offering cut-price, off-peak fares for journeys over six miles. The new prices will be up to 30 per cent lower than metered fares and can be booked through an app from Gett, an Israeli startup backed by Russia-born billionaire Len [...]
As the satnav led to Uber’s success, how long before portals Rightmove and Zoopla create global estate agents? September 1, 2015 The rapid rise of Uber among its consumer base is often commented on by those looking for an example of a game changing force within an industry. But it isn’t just the taxi app's innovative use of tech or lower price, it’s much more than that. It has literally transformed the landscape of the taxi [...]