Uber reviews India leasing scheme as driver incomes drop


Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters. Uber had planned to buy 15,000 new cars last year and lease them out… Read more »

The interior of the office of ride-hailing service Uber is seen in this picture in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India, April 19, 2016.  REUTERS/Anindito Mukherjee/File photo
Photo from Flickr, Flazingo Photos
Dubai traffic. Photo: Bloomberg
Uber logo is seen on a vehicle near Union Square in San Francisco, California. Reuters.
Uber. Photo: Reuters
After India, UberEXCHANGE enters Vietnam with startup mentorship programme

Uber has launched its startup mentorship programme UberEXCHANGE in Vietnam, the ride-hailing app’s first initiative in Southeast Asia and the second globally after India. Uber has started inviting applications for the programme and will accept entries from now till April 2017. The programme will end in August The best startups emerging from… Read more »

Brian Chesky, CEO and Co-founder of Airbnb, speaks to the Economic Club of New York at a luncheon at the New York Stock Exchange (NYSE) in New York, U.S. March 13, 2017. REUTERS/Mike Segar
Nikhil Kapur, investment manager at Japanese VC firm GREE Ventures. Photo: Livemint
The Uber app logo is seen on a mobile telephone in this October 28, 2016 photo illustration. REUTERS/Toby Melville/Illustration/File Photo