Uber
Waymo inks deal with Volvo to develop self-driving electric cars
Agence France-Presse Waymo and the Volvo Cars Group have agreed to develop a self-driving electric vehicle designed for ride-hailing use, as part of a new global partnership, the companies said on Thursday. Waymo, a unit of Silicon Valley’s Alphabet, said it will be the exclusive global partner for Volvo Cars for developing self-driving vehicles capable of operating safely without routine driver intervention. Waymo will focus on the artificial intelligence for the software “driver.” Volvo will design and manufacture the vehicles. The companies said Waymo will work with Volvo’s global brands, including Polestar and Lynk & Co. Volvo, owned by China’s Zhejiang Geely Holding Group, has a separate agreement to deliver vehicles to ride-hailing company Uber that Uber will equip to operate as ...
Mastercard Promises 120,000 Free Uber Rides and Meals to Frontline Workers Across the MEA
As cases of COVID-19 continue to escalate, frontline workers have tirelessly continued to support, feed and protect communities. With this in mind, Mastercard has committed 120,000 free trips and meals across the Middle East and Africa, which will be facilitated through Uber. Uber is utilizing their technology and making available their wide network of drivers to ensure those who are supporting communities and the many frontline workers who need to be mobile, have a reliable and efficient way of getting around. Once qualifying workers have successfully signed up through Uber’s website, they can arrange transportation to and from their homes and to where they are needed, such as healthcare facilities or to feed the vulnerable. Uber has shared relevant health information with drivers to ensu...
Uber Cash Digital Wallet Launched in Sub-Saharan Africa
Sourced from The Guardian. Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with Nigerian founded fintech Flutterwave. The arrangement will allow riders to top up Uber wallets using the dozens of remittance partners active on Flutterwave’s Pan-African network. Flutterwave operates as a business-to-business payments gateway network that allows clients to tap its APIs and customize payments applications. According to TechCrunch, Uber Cash will go live in the next two weeks for Uber’s ride-hailing operations in South Africa, Kenya, Nigeria, Uganda, Ghana, Ivory Coast and Tanzania according to Alon Lits, GM of Uber for Sub-Saharan Africa. “Depending on the country, you’ve got different top-up methods available. For example, in Nigeria, you can ...
Ride-Hailing Businesses Begin to Recover
Sourced from Forbes. Uber Technologies Inc.’s global rides business is down 70% from this time last year, a small improvement from its rock-bottom fall during the beginning of the coronavirus pandemic. Though slight, it is an indication that recovery is coming, albeit slowly. The decline in rides seems to be offset, if partially, by a boom in food delivery. Uber Eats’ gains have more than doubled, and they continue to accelerate, says Dara Khosrowshahi, Uber’s CEO, speaking at a virtual tech conference hosted by Bank of America. Bloomberg reports that the ride-hailing company intends to continue to look for opportunities in the food delivery market. Khosrowshahi declined to comment on Uber’s proposal to buy Grubhub Inc., which was first reported by Bloomberg last month. Since being so hars...
