Business

Keep babies under two away from screens, experts

  • 27th June 2026

ALTON support NCC drive for made-in-Nigeria smartphones

  • 27th June 2026

FCCPC grants full approval to 48 previously conditional

  • 27th June 2026

African fintechs must evolve into institutions — Experts

  • 27th June 2026

Contact Info

Some Populer Post

Keep babies under two away from screens, experts warn

Business

ALTON support NCC drive for made-in-Nigeria smartphones

Business

FCCPC grants full approval to 48 previously conditional loan

Business

UK plans new legal routes for refugee sponsorship

Travel

Tag: Uber

Uber seeks funding for Robotaxi expansion operations
Uncategorized

Uber seeks funding for Robotaxi expansion operations

Uber Technologies Inc. is in discussions with private equity firms and banks to secure financing for the expansion of its robotaxi operations, CEO Dara Khosrowshahi revealed on Wednesday. The move signals the ride-hailing giant’s deepening commitment to autonomous vehicle technology amid increasing competition and scrutiny. Uber is currently working with Alphabet-owned Waymo and automakers such […]

Uber launches $20bn buyback as loyalty program gains traction
News

Uber launches $20bn buyback as loyalty program gains traction

Uber Technologies Inc. on Wednesday announced a massive $20 billion stock buyback program and issued a bullish forecast for third-quarter gross bookings, buoyed by the growing popularity of its paid loyalty program, Uber One. The ride-hailing and delivery giant said membership in its $9.99-per-month Uber One program surged 60% year-over-year in June to over 36 […]

Tech

Uber unveils women-only ride matching feature to boost safety

Uber on Wednesday announced a new feature aimed at enhancing safety on its platform by pairing women drivers with women riders. The feature, set to roll out as a pilot program in the United States next month, will allow women riders to select a preference for female drivers when booking or pre-booking rides. Women drivers […]

Uber to invest $300m in Lucid for robotaxi rollout
News

Uber to invest $300m in Lucid for robotaxi rollout

Uber will invest $300 million in electric vehicle maker Lucid Motors as part of a new robotaxi partnership announced Thursday. The deal, which also involves autonomous driving startup Nuro, will see more than 20,000 self-driving Lucid Gravity SUVs deployed in a major U.S. city starting in late 2025. The rollout will begin in 2026 and […]

Tech

Uber, Waymo launch public robotaxi rides in US

Uber and Alphabet’s Waymo have launched public robotaxi rides in the United States as part of their expanding partnership. Available through the Uber app, the service operates within a 65-square-mile area of Atlanta but does not yet include highways or airport trips. The fully autonomous rides use electric Jaguar I-PACE SUVs powered by Waymo’s self-driving […]

News

Uber-owned Careem to exit Pakistan as economic pressures mount

Careem, the Middle East-based ride-hailing firm owned by Uber, will suspend operations in Pakistan from July 18, marking the end of a nearly decade-long presence in a market it helped transform. The company cited economic challenges, heightened competition, and constrained capital as reasons for the shutdown, reflecting broader struggles within Pakistan’s digital economy. “This was […]

Business

Uber eyes stablecoins as new payment option

Uber CEO Dara Khosrowshahi revealed that the company is closely examining stablecoins as a potential payment option. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi pointed to their ability to simplify cross-border transactions, cut costs, and boost efficiency across Uber’s international platform. “We’re still in the study phase,” he said, noting […]

Uber to invest $300m in Lucid for robotaxi rollout
News

US sues Uber over alleged deceptive subscription practices

The United States Federal Trade Commission has filed a lawsuit against Uber Technologies Inc., accusing the ride-hailing giant of enrolling customers into its Uber One subscription service without their consent and misleading users about potential savings and the ease of cancellation. Filed Monday in a federal court in San Francisco, the suit claims that Uber […]

Uber to invest $300m in Lucid for robotaxi rollout
Tech

Uber drops Foodpanda Taiwan deal over regulatory challenges

Uber has canceled its $950 million acquisition of Delivery Hero’s Foodpanda in Taiwan due to regulatory challenges. Foodpanda made this disclosure in a statement on Tuesday, according to Reuters. In December, Taiwan’s Fair Trade Commission blocked the deal over anti-competitive concerns, arguing that acquiring Foodpanda, Uber’s main rival, would give Uber a 90% market share […]

News

Uber, Bolt drivers urge inclusion in free CNG conversion initiative

E–hailing drivers affiliated with platforms such as Uber, Bolt, and InDrive have urged the Federal Government to include them in the ongoing initiative for the free conversion of commercial vehicles to Compressed Natural Gas. The drivers argue that their inclusion in this scheme would significantly reduce operating costs and promote a more sustainable transportation sector. […]

Uber seeks funding for Robotaxi expansion operations
News Tech

Uber considers fare hike as fuel price, scarcity, worsen

Ride-hailing companies in Nigeria are contemplating raising fares in response to the steep rise in fuel prices, which now stand at ₦897 per litre following months of fuel shortages. These platforms face the challenge of balancing driver earnings with passenger affordability. “We are currently conducting a comprehensive review of the recent increase in fuel prices […]

News Tech

Uber, BYD partner to deploy 100,000 EVs into ride-hailing platform

Ride-hailing giant, Uber, has signed a multi-year deal with Chinese electric vehicle maker, BYD, to integrate 100,000 new EVs into Uber’s network. The collaboration initially focused on Europe and Latin America leaving out Africa. Uber drivers will now have easier access to EV ownership thanks to the deal’s appealing financing and price structures. It is […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in