tag ride hailing
Ride-hailing company's annual loss may hit $3 billion by year's end

Uber's Loss Exceeds $800 Million in Third Quarter on $1.7 Billion in Net Revenue

EghtesadOnline: Even as Uber Technologies Inc. exited China, the company's financial loss has remained eye-popping. In the first nine months of this year, the ride-hailing company lost significantly more than $2.2 billion, according to a person familiar with the matter. In the third quarter, Uber lost more than $800 million, not including its Chinese operation.
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Publish Date:20/December/2016 | 15:32

Japan's Honda ties up with ride-hailing service Grab

EghtesadOnline: Southeast Asian ride-hailing service Grab disclosed on Monday that Japan's Honda Motor Co had invested in the firm, as part of a $750 million funding announced previously, to collaborate on motorbike-hailing services.
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Publish Date:12/December/2016 | 05:38