Uber announces expansion plans in Hyderabad

Uber announces expansion plans in Hyderabad

Uber, the reputed mobility and SAAS company, has announced its expansion plans in Hyderabad underscoring the city’s thriving talent pool and pro-business environment. The announcement follows a meeting between Chief Minister A. Revanth Reddy and Uber’s leadership team at the World Economic Forum 2024 at Davos. Uber would further deepen its roots in the city, … Read more

Former Uber security chief guilty of data breach coverup

Former Uber security chief guilty of data breach coverup

A federal jury in San Francisco convicted Uber’s former chief security officer Joseph Sullivan of obstructing justice and concealing knowledge that a federal felony had been committed in trying to cover up a 2016 data breach A federal jury in San Francisco convicted Uber’s former chief security officer Joseph Sullivan of obstructing justice and concealing … Read more

Uber sells 7.8% stake in Zomato via block deals

Uber sells 7.8% stake in Zomato via block deals

Mumbai: Uber Technologies exited its entire 7.8% stake in food delivery platform Zomato by selling 612 million shares through multiple block deals on Wednesday. The American mobility service provider raised around ₹3,088 crore or $390 million at nearly 100% profit. In January 2020, had acquired Uber Eats’ India operations in a non-cash deal, following which … Read more

Uber Eats Hyderabad team behind prescription delivery tech in US – ET HealthWorld

uber eats hyderabad team behind prescription delivery tech in us

An engineering team of Uber Eats employees based out of Hyderabad led the integration of technology backend of a prescription delivery company that allowed Uber Eats to deliver prescription medication to its customers in the US. The team led prescription delivery company, NimbleRx’s backend onto the Eats platform to help launch the delivery of prescription … Read more

In America, Uber asks CDC to prioritise drivers for vaccinations

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Uber Technologies on Thursday asked the US Centers for Disease Control and Prevention to designate its ride-hail and delivery drivers as non-health essential workers entitled to early Covid-19 vaccine distribution. The company, in a letter to the CDC’s advisory committee on immunisation practices, said its drivers provided critical transportation for essential workers and allowed others … Read more

Indian rival slams Uber’s business model

Indian rival slams Uber’s business model

Uber’s top rival in India has some unsolicited advice for the U.S. startup: Go local. “They have a very cookie-cutter approach in terms of what the model is and how [to] force feed it into any geography,” Pranay Jivrajka, a top executive at Ola Cabs, said on the sidelines of CNN’s Asia Business Forum in … Read more