Uber is Aiming for an $84 Billion Valuation Year’s Largest IPO

Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant...

Uber Buys Middle Eastern Rival Careem for $3.1bn

Ride-sharing firm Uber has announced it is buying Dubai-based rival Careem for $3.1bn (£2.3bn). Careem was established in 2012,...

Taxify Rebrands as Bolt

Uber rival Taxify is changing its name to Bolt, the Internet ride-hailing company said on Thursday. “This update brings the...

Rivals BMW and Daimler Merging With a $1 billion Investment on the Future of...

BMW and Daimler are putting more than $1 billion into a joint venture that will develop ride-sharing, charging and parking services.

Uber’s New Features Enables Free Calls Between Riders and Drivers

Uber recently announced a new way for riders and drivers to communicate through the company’s app using voice over internet protocol, or VoIP. Much like...

Hyundai Reveals Smart Fingerprint Technology to Unlock Your Car

If you're prone to losing car keys, the latest-generation Hyundai Santa Fe just going on sale in China is for you. It offers buyers the option...

BMW’s Premium Online Ride-hailing Service Launched in China

BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in 2016. BMW has become one of the...

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