News Summary: Delhi’s aggregator scheme proposes more EVs, cap on surge pricing, and passenger safety mechanisms The Delhi government has released a draft Motor Vehicles Aggregator scheme on January 24th. Under the policy, cab aggregators, quick commerce and other delivery... Anushka JainJanuary 27, 2022
News Dvara Money, CabDost merge to provide financial services to cab drivers Dvara Money, the financial services arm of Dvara Trust, has merged with gig economy startup CabDost in order to improve access to financial advice... Advait PalepuJanuary 18, 2021
News In major move, govt caps commissions, surge pricing charged by Ola, Uber Cab aggregators such as Ola and Uber will now be able to pocket only 20% of fares as commission. Drivers will receive the lion’s... Soumyarendra BarikNovember 27, 2020
News Uber has laid off another 3,000 employees After laying off 3,700 employees last week, Uber is now laying off another 3,000 employees. Between these two rounds of layoffs, the company has... Trisha JalanMay 19, 2020
News Uber Eats grows 89% as Rides take a hit Uber’s gross bookings for rides fell 3% YoY, but its food delivery business Uber Eats grew 54% YoY. In contrast, gross bookings for rides... Trisha JalanMay 8, 2020
News Uber is laying off 3,700 employees to tide over the coronavirus crisis Uber is laying off 3,700 employees, which is 14% of its 26,900 employees, to tide over the coronavirus crisis. The layoffs are in the... Trisha JalanMay 7, 2020