A post on the official company blog of Uber said that they will be doing more thorough background checks of the drivers of its car riding service, TechCrunch reported.
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French car rental startup Drivy secures $8.3M in funding for European expansion
Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.
New York physical storage startup MakeSpace lands $8M in funding
New York, US-based physical storage provider MakeSpace landed $8 million in funding from Upfront Ventures, OATV, Founders Fund, and other investors, to model its service after Uber and Dropbox and expand its workforce.
Uber to enter Boulder market amid controversies
San Francisco, US-based on-demand transportation app Uber is gearing up for a soft launch in Boulder, Colorado amid the controversies regarding regulations and accidents that it is currently facing.
US-based on-demand transportation startup Lyft expands insurance coverage
San Francisco, US-based on-demand transportation startup Lyft announced that it will add more coverage to its ride insurance to include the time that drivers are not actively driving passengers.
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Kickstarter, a crowdfunding site, won the "Best Overall Startup" at the 2013 Crunchies, besting other tough contenders in the category which included Uber, CloudFlare, Snapchat and Twitter, TechCrunch reported.
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
China's mobile-based taxi booking service Kuaidadi confirmed it recently received a USD100 million investment from Alibaba, and has acquired a Shanghai-based taxi booking app called Dahuangfeng.
Uber, a ride solutions provider, is aggressively pushing for more drivers on the road that it had struck a deal with car manufacturers and auto finance firms to provide Uber drivers which better rates to own a vehicle.
The three-person management team of private limousine service Uber had severed ties with the company six months after the car service company launched its services in the capital of Germany.
Uber, a startup company, confirmed that it had raise a total of USD258 million from Google Ventures and TPG and had taken several new members into its Board of Directors.
It was reported that Google planned to invest in Uber funding round. Google, through Google Ventures, was expected to participate in Uber's upcoming new round of funding.
Uber is said to be in venture financing discussions despite CEO pronouncements. Uber, the fast growing alternative taxi transportation service is now in discussion with a venture capital firm about a new funding round that is forecasted to value the company at about US$1 billion.
