Tag

UBER NIGERIA

News and analysis about Uber Technologies

Some drivers on the ride-hailing platforms, Uber and Bolt are now negotiating prices of trips with prospective riders to get paid higher than the estimated prices on the apps. 
The Dutch Data Protection Authority (DPA) has imposed a fine of €290 million on Uber for violating data protection law regarding the privacy of its drivers in Europe. 
Talent marketplace firm, Andela Inc., has appointed a former Global Head of Driver and Courier Operations at Uber, Carrol Chang, as its new CEO.  
Ride-hailing giant, Uber, has inked a multi-year deal with Chinese electric vehicle (EV) maker, BYD, to deploy 100,000 new EVs onto its platform.  
Drivers under the aegis of the Amalgamated Union of App-based Transporters of Nigeria (AUATON) have urged the Lagos State Government to adopt its collective agreement seeking the regulation of ride-hailing business in the State. 
Uber said its drivers in Nigeria will now be able to access their earnings daily as opposed to the weekly access being granted before now.
Many uber riders have expressed concern that Uber sharing that with Lagos State Government would expose them to undue monitoring.
Lagos State Government clarifies Uber sanction and data-sharing agreement with e-hailing platforms operating in the state.
Nigerian startup, Moove has raised $100 million in a Series B round led by Uber bringing its valuation to $750 million
Dara Khosrowshahi, the chief executive officer of Uber, has been awarded options to purchase stock valued at approximately $136 million after successfully achieving a performance target aimed at securing a $120 billion valuation for the ride-hailing company. 
Uber Technologies Inc. is reportedly in talks to invest the sum of $100 million in African vehicle-financing startup Moove.
Uber has achieved its first annual operating profit since its initial public offering (IPO) in 2019, signaling a departure from its historical pursuit of growth at the expense of profitability.