The Business Times

Uber

Transport & Logistics

Hong Kong passes law to regulate online ride-hailing platforms

Uber’s results are likely to set expectations for the broader ride-hailing and food-delivery industries.
Transport & Logistics

Uber boosts buybacks by US$20 billion after upbeat forecast

FILE PHOTO: The Uber logo is shown on the building in Los Angeles, California, U.S., February 14, 2024. REUTERS/Mike Blake/File Photo
Transport & Logistics

Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal

Uber Hong KOng Photographer: Lam Yik/Bloomberg
Transport & Logistics

Hong Kong government proposes first ride-hailing regulation

Despite controls in place to verify users’ right to work in the UK, “there continues to be abuse in the sector” through account sharing, the British government said in a press release.
International

UK food delivery firms to crack down on irregular migrant workers

Hong Kong is expected to release new ride-hailing regulations in the coming months after last year outlining long-awaited but ambiguous plans to regulate the industry.
Transport & Logistics

Uber warns Hong Kong drivers and riders of possible new curbs

The so-called everything app offers food and grocery deliveries, car rentals and money transfers as well as laundry, home cleaning and donation services.
Transport & Logistics

Uber Mideast unit delivers gold coins to doorsteps in Dubai

Uber's adjusted earnings before interest, taxes, depreciation and amortisation were US$1.84 billion, just shy of the US$1.85 billion that Wall Street was projecting.
Transport & Logistics

Uber’s fourth-quarter earnings miss overshadows bookings growth

Online food delivery platforms represent a small fraction of Taiwan’s competitive food delivery market.
Startups

Uber disappointed as Taiwan rejects deal for Delivery Hero unit

Uber does not, for example, currently separate out its payments to drivers, to restaurants and to insurance providers as part of its “gross bookings” in quarterly financial statements.
Transport & Logistics

Uber investors are calling for more transparency into driver pay

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