NewsUber reports nearly USD 3 billion quarterly lossThe second quarter looks even grimmer. 2 mins read
That’s almost 14% of its staff around the world. NewsUber to lay off 3,700 employees of its global workforce2 mins read
Earlier this year, Uber Eats exited India by selling the food delivery business to local rival Zomato in an all-stock deal. NewsUber Eats exits Saudi Arabia and Egypt, transfers business to Careem Now in UAE2 mins read
Amid competition from Luckin, Starbucks hopes to digitalize its services in the country. NewsCHINA BRIEF| Starbucks teams up with Sequoia Capital China to co-invest in beverage startups1 min read
The firm’s alternative plant-based beef products have been available in more than 3,300 Starbucks locations across China since Wednesday. NewsBeyond Meat enters the Chinese market via Starbucks partnership2 mins read
The cab-hailing companies in India witnessed rides going down by a third over the last week. NewsUber and Ola see drop in rides as coronavirus forces people to work from home2 mins read
The San Francisco-based company plans to expand its EV fleet in India to 1500 by this year from the current 350 vehicles. NewsUber to plug into India’s electric vehicle space3 mins read
Besides engineering, Uber is investing in transforming the Hyderabad center into a full spectrum tech site. NewsUber sets up 100-member team for Uber Money in India3 mins read
SoftBank has not invested in any foodtech company in India, yet. InsightsUber Eats acquisition might help Zomato lure investments from SoftBank5 mins read
NewsDeals in brief: Wavemaker Impact leads Arysun’s pre-seed round, Nuevocor raises USD 45 million, latest funding deals in China, and more