Uber Fares Have Soared In China After Didi Deal
Days after the Didi-Uber deal, Uber has cut back on its subsidies and discounts in China.
Category: Startups
Big Bazaar Finally Goes Online; Products To Be Available On Paytm
The Future Group is letting go of its offline-only stance, and that too in a big way.
UTOO Cabs To Offer Apartments To Retain And Motivate Drivers
The latest entrant to the taxi-hailing service space, UTOO Cabs, which has commenced operations in Chennai, has announced a novel scheme to retain and motivate drivers.
In A Strange Turn Of Events, Uber Is Now An Investor In Ola
Modern businesses are notoriously complex entities. They transcend geographies and political boundaries, and can often have a confusing set of investors and partners. So when things happen in one business, they can impact other unrelated businesses – often with surprising results.
Uber Finally Gives In, To Sell Chinese Business To Didi
It was a long, bruising battle, but finally one side has blinked. Uber will sell its Chinese business to its homegrown rival Didi in a move that will signal the end of the rivalry that had riveted the business world for years.
In A Reversal Of Fortunes, Flipkart’s Valuation Raised By Fidelity
US-based mutual funds haven’t been the biggest fans of Flipkart this year. But things seem to have turned a corner for Flipkart though. Today Fidelity marked up the value of its Flipkart’s shares by 2.7 percent.
16 Indian Startups Solving The Most Unusual Problems In 2016
India Inc. is also home to startups that fulfill needs that you didn’t even realize you had. These startups are quirky, zany, and are solving some very unusual problems. We trawled the length and the breadth of the Indian startup ecosystem to find out the most outlandish startup ideas that are being worked on last year. And we are back with our top picks this year.
Grofers Is Losing Rs. 24 Lakhs Per Day, Says Founder
People had been speculating that the grocery delivery business might not have the best unit economics, but we finally have some data on just how brutal it is.
Snapchat CEO Evan Spiegel Engaged To Supermodel Miranda Kerr
Snapchat CEO Evan Spiegel is now formally engaged to Australian model and former Victoria’s Secret angel Miranda Kerr. The announcement was made by Kerr, quite appropriately, on Snapchat.