Uber Technologies Inc is a leading technology company that revolutionizes urban transportation and logistics through its mobile app platform. The company connects riders with drivers for convenient ride-hailing services, while also offering a range of additional services, such as food delivery through Uber Eats and freight transportation. With a focus on innovation, Uber continually explores advancements in areas like autonomous vehicles and aerial mobility, aiming to enhance the efficiency and accessibility of transportation solutions for individuals and businesses worldwide. Read More
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER)
fell 4.3% in the morning session after the company lost a UK Supreme Court appeal regarding a value-added tax (VAT) on its rivals. The ruling confirmed that rival taxi operators in England and Wales will not face a 20% value-added tax (VAT) charge on their profit margins for operations outside of London. This decision represented a setback for Uber, as a different outcome could have imposed significant costs on its competitors, potentially leveling the playing field. The court's decision allows these rival firms to maintain their existing cost structures, which could make it more challenging for Uber to compete on price and expand its market presence in those regions.
PCO drivers who use hired cars have to deal with many expenses, including weekly hire fees and fuel costs. Plus, the competition is extremely tough in the industry, so simply carrying passengers from one point to another isn’t enough to achieve your income goals. You need to adopt smart strategies to get the maximum value out of every mile you drive.
ABU DHABI, United Arab Emirates, July 29, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, and Uber Technologies, Inc. (NYSE: UBER), the world’s leading technology platform for mobility and delivery, have started operating their Robotaxis on Al Reem and Al Maryah Islands in Abu Dhabi, in partnership with the Integrated Transport Centre. The expanded service is expected to double ride volumes, now covering about half of Abu Dhabi's core areas — including Al Reem, Al Maryah, Yas, and Saadiyat, as well as highway routes to and from Zayed International Airport.
Toronto, ON - Starting July 2025, major legal reforms across Ontario and at the federal level are set to reshape the lives of renters, digital platform workers, and individuals with disabilities. These updates—including the highly anticipated Canada Disability Benefit, the Digital Platform Workers’ Rights Act, and Toronto’s Rental Renovation Licence Bylaw—signal a new direction in public policy aimed at equity and protection.
WeRide Inc. (NYSE: WRD) is the first autonomous driving company to receive a permit for driverless taxis in Saudi Arabia. They have permits in 6 nations and are expanding globally.
