Uber could soon be pulling out of some international markets, including 15 African cities, if its new majority shareholder has its way. A new $8 billion investment by a consortium led by SoftBank, the Japanese tech giant, has seen the group acquire 17.5% stake in Uber. SoftBank’s 15% share makes the Japanese firm Uber’s largest shareholder. Uber says it hopes the investment will allow the company “double down” on providing its service “to more people in more places around the world,” in a statement to the Financial Times (paywall). But that appears to be at odds with SoftBank’s vision for the company. Rajeev Misra, a board director with SoftBank, believes the ride-hailing company has a better chance of success—and profitability—if it focuses only on core markets such including US
Creative Media Works, operating as BBM Messenger, has partnered with Uber, the world’s largest on-demand ride-sharing company, to launch the Uber ride-on-demand service within BBM Messenger. Users around the world will have access to this new service, including Indonesia – BBM’s largest market – Africa, Asia, Europe, North America, and the Middle East. The tie-up between two of the world’s leading technology platforms means that BBM Messenger users – both Android and iOS – can book an Uber ride via the Uber icon in the BBM Discover menu, without leaving the BBM app or having to have the stand-alone Uber app on their phone. BBM Discover is a high-valued space within BBM Messenger, designed for high impact and reach while giving partners access to the power of social chat. Uber Rid
Taxi-hailing company Uber has told ITWeb Africa that a recently surfaced data breach, which the company experienced last year affecting 57 million customers and drivers, only affected the US. The company would not comment or disclose details of measures it is currently taking to ensure the integrity of its systems and security of drivers or riders in Africa. Bloomberg reported that Uber not only kept the security breach secret from the victims, but also paid the hackers US$100,000 to "delete the data [and] keep quiet." Bloomberg quotes Uber as follows: "Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world...The personal information of about 7 million drivers was accessed as well, including some 6...
Drivers attached to online taxi service providers have said they will down their tools on Monday to protest reduction of their wages. The drivers allied to Uber, Taxify, Little Cab and Mondo Ride say the management decided to lower their rates without consulting them. They said the strike was prompted by the improper management of their service providers with their services not to be availed until further notice. In a phone interview with Digital Taxi Association of Kenya’s (DTAK) Chair Mr. David Muteru, he echoed the above stating, “We are differing on pricing, because the prices are just not fare. The service providers commission is still high but they keep lowering the fares to accommodate customers.” When asked about the impending strike, the chair stated that they will be pre
San Francisco-based cab aggregator Uber announced that it has completed 500 million trips in India since its launch in the country in 2013. The trips add up to mark Uber’s Six billion trips worldwide ever since its launch in 2010. The company entered Bangalore in 2013 and has expanded to 29 cities in India till date. The company also said that it has registered double digit growth in the country and almost 2.5 times annual increase in business as of June’ 2017. It's a major milestone for Uber, which said it is "winning in India," its largest overseas market. The demand for Uber, which operates in 29 cities in India, surged by almost 2.5 times between June 2016 and June 2017, the app aggregator said. India was the 18th market for the San Francisco-headquartered company when it ente