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The Latest Breaking News from Uber

Flipkart puts IPO on ice; Rapido's $240 million raise

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.

The Economic Times

Would a $1 rideshare fee affect wealthier or working-class Philadelphians more? 2 Chicago studies offer some perspective

Philadelphia Mayor Cherelle Parker has proposed a US$1 fee on all Uber, Lyft and other rideshare trips in the city to begin in 2027. The projected $48 million annual revenue would go entirely to support the chronically underfunded Philadelphia school district, which faces a $300 million budget deficit.

The Conversation

Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billion

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain network, and enhance technology.

The Economic Times

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Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlier

Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple effect could slowly hit everyday expenses — from vegetables and milk to Blinkit deliveries, cab rides, and even flight tickets. Since fuel powers transport across India,…

The Economic Times

Oracle leaves freshers in limbo; D2C carts go cold

Happy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in today’s ETtech Morning Dispatch.

The Economic Times

India crowns Meta AI; More layoffs hit tech

India is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.

The Economic Times

Uber to add two new tech centres in India: CEO Dara Khosrowshahi at Bengaluru townhall

Uber CEO Dara Khosrowshahi announced plans for two new tech centers in Bengaluru and Hyderabad by the end of 2027, significantly expanding its India footprint. The company is also prioritising its two-wheeler market, which has become a key growth segment despite regulatory hurdles and rising fuel prices.

The Economic Times

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WeRide Q1 Earnings Call Highlights

WeRide (NASDAQ:WRD) reported first-quarter 2026 revenue growth of 58% year over year, as management pointed to expanding Robotaxi deployments, broader autonomous driving commercialization and traction for its L2++ advanced driver assistance system. Founder, Chairman and CEO Dr. Tony Han said total

MarketBeat

Cathie Wood Remains Bullish About Tesla’s Robotaxi. TSLA Stock Is Waiting for a Financial Trigger Higher.

The celebrity fund manager believes that Robotaxi will stay ahead of Waymo.

Barchart

There's more to Uber’s India data centre bet than meets the eye

Uber is setting the stage for its first-ever data center in India through a strategic alliance with the Adani Group. This development not only accentuates India's pivotal role in the global tech arena but also highlights the significance of local data processing and artificial intelligence. For Uber, this venture paves…

The Economic Times

Uber's India data centre bet; Cyber cover meets AI risk

Uber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.

The Economic Times

Super-efficient Lucid EVs coming to the UK in 2028, says company boss

Exclusive: Three high-tech SUVs will lead the way for award-winning efficiency-focused US brand from Silicon Valley

The Independent UK

Uber teams up with Adani for first data center in India

Uber CEO Dara Khosrowshahi announced a partnership with Adani Group to establish Uber's first data center in India. This facility, set to be operational later this year, will enable Uber to test and deploy technology, supporting its growth as a global innovation hub for the company.

The Economic Times

California woman went to an influencer event where flash mob broke out. She sprinted off the beach and called an Uber: ‘I’m so invested’

What would you do if you were at an influencer event and then a flash mob suddenly broke out? What if you have absolutely no dancing bones in your body? This is an actual scenario that Rosie (@hotandmiddleeastern) got into and shared on TikTok. Rosie, who’s from California, went to…

The Mary Sue

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We Got This Covered

California woman went to an influencer event on a beach and had 2 options. Then she ran off the beach and called an Uber: ‘every person saw me’

Sometimes even influencers can’t keep up with influencers.

The Economic Times

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.

The Economic Times

Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala Sitharaman

Uber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadrupling of earners on Uber's platform since 2022, emphasising partnership for India's development. The visit occurs amid heightened competition and Uber's focus on premium services and fleet operator investments.

Pedestrian.tv

How To Get The Ultimate WFH Set Up Without Leaving Your House

No more being a hermit on the couch on your WFH days.

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MarketBeat

Life360 Q1 Earnings Call Highlights

Life360 (NASDAQ:LIF) reported record first-quarter revenue and raised its full-year outlook, while management said technical issues temporarily weighed on user registration during the quarter but did not derail subscription momentum. Chief Executive Lauren Antonoff said the company’s revenue growth

Texas Observer

‘What Kind of Life Is This?’: Five Desperate Cubans Weigh Their Odds in Texas

Refugees from Cuba have always had to struggle for success in America. In Trump’s second term, they’ve been plunged into legal chaos.

The Texas Tribune

Texas took their licenses. Now these immigrant truckers face lost livelihoods, sense of betrayal

Texas was among the first states to heed Trump administration directives to revoke commercial driver’s licenses from some immigrants as a safety measure.

InsideEVs

Lucid Gravity Robotaxis Get California Permit That Tesla Hasn't Even Applied For

Two crucial California permits will help Lucid, Nuro, and Uber accelerate their robotaxi ambitions.

MarketBeat

Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking

Uber is evolving into a travel concierge, integrating hotel bookings, Vrbo rentals, and air taxis while adding AI features to capture the $1.1 trillion online travel booking market.

Kiplinger

Capital One Venture X Rewards Credit Card vs American Express Platinum Card: Which Fits You Better?

Each card caters to differing travel philosophies. Discover which one fits your needs.

International Business Times UK

'Absolute Genius Design': Reddit User Says Uber Left Them Stranded at Midnight After Wrong Drop-Off and Account Lock

A Reddit user shares their experience of being stranded by an Uber driver due to a security glitch, sparking discussions on the reliability of automated support systems in emergencies.

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