Uber

Uber pulls Latin American U-turn by joining taxi ranks

MEXICO CITY/SANTIAGO (Reuters) – Latin America’s coronavirus crisis is forcing Uber to adopt the taxi model it was meant to drive off the streets of cities from Santiago to Medellin.

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez/File Photo

Uber’s U-turn has been prompted by a pandemic-linked regulatory clampdown in countries including Chile and Colombia, where the ride-hailing it has built its name on is unregulated.

The San Francisco start-up’s Chinese rival Didi, which has made big inroads in Latin America in recent years, has a head start in working with taxi drivers in the region. It has been implementing health measures like plastic barriers to keep passengers hailing its cabs.

Uber has responded by racing to join Latin America’s taxi ranks, announcing a service in Chile in June after lockdowns sidelined its ride-hailing drivers there, as well as plans to

Read More

Delivery Hero seeks to challenge Uber Eats in Japan

FILE PHOTO: Delivery Hero is pictured in Berlin, Germany, June 2, 2017. REUTERS/Fabrizio Bensch/File Photo

(Reuters) – German online takeaway food group Delivery Hero wants to rival market leader Uber Eats when it launches in Japan later this month, planning to deliver a wide range of products, its chief executive told Reuters.

“We will properly challenge Uber Eats. We will start with 10,000 restaurants,” Niklas Ostberg said in an interview late on Tuesday. “We will have a wider selection and faster delivery than our competitors.”

The Berlin-based group, which operates in more than 40 countries, announced plans last month to enter the Japanese market, with an initial investment of 20-30 million euros.

Ostberg said in Japan the company would deliver groceries, electronics, books and more, as well as takeaway food, a shift it has also been making elsewhere, although he does not want non-food to become more dominant than food

Read More

U.S. judge denies claims Uber won price-fixing suit because arbitrator was scared

FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration

NEW YORK (Reuters) – A U.S. judge on Monday denied a request by an Uber Technologies Inc customer to overturn an arbitration win for the company in a price-fixing case over claims the arbitrator only ruled in Uber’s favor because he was scared.

U.S. District Judge Jed Rakoff in Manhattan said the claim was without merit, with the arbitrator, Les Weinstein, simply joking when he said he dismissed the lawsuit in February and said he acted out of fear.

“After carefully reviewing the full record, the court finds that the arbitrator’s concluding remarks, rather than a sincere confession of fear, were simply an attempt at humor – one of many made by the arbitrator throughout the hearing,” Rakoff wrote on Monday.

Spencer Meyer initiated the high-profile 2015 antitrust lawsuit

Read More

Uber halts move of Asia headquarters to Hong Kong

SINGAPORE (Reuters) – Uber Technologies Inc on Thursday halted a plan to move its Asian headquarters to Hong Kong in another business blow for the Chinese-ruled city, choosing to extend its stay in Singapore until at least December 2022.

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez/File Photo

The firm’s announcement comes after China enacted a national security law for Hong Kong, which has stirred worries over its future as a hub for international business.

Global tech firms there are concerned that the law gives the Chinese government access to data and the ability to censor content.

Uber said its decision to delay the move, mooted in May, was based on a lack of progress on ridesharing regulations. It declined comment on the security law unveiled last month.

Hong Kong does not have any legislation enacted

Read More