Raymond James Trust N.A. lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,643 shares of the ride-sharing companys stock after selling 1,061 shares during the period. []

Uber to pay $9m in sex-assault report settlement

02:05pm, Friday, 03'rd Dec 2021 Kwhen Finance

Grab IPO: What led to a 21% debut decline on Nasdaq?

07:59am, Friday, 03'rd Dec 2021 Kalkine Media
Highlights Grab made a dismal debut on the tech-heavy Nasdaq exchange after a successful SPAC merger with Altimeter Growth Corp. The $40 billion merger has potentially paved the way for more regional offerings in the future. Under the ticker symbol "GRAB , the Class A common stock of the company start trading on the Nasdaq on 2 December 2021. The largest ride-hailing and delivery company across Southeast Asia, Grab Holdings Inc., made a dismal debut on the tech-heavy Nasdaq exchange. Under the ticker symbol "GRAB , the Class A common stock of the company started trading on the Nasdaq on 2 December 2021 and dropped down by 21%, hitting $8.75 on the first day of trading, with its market cap standing at $34.6 billion. The opening price of its shares was $13.06 on Thursday, which was up by 19% on Wednesday, but it plunged as the trading progressed. The Southeast Asian startup went for a listing after its successful special purpose acquisition company (SPAC) merger with Altimeter Growth Corp.
Uber joined forces with Meta (Facebook) to make ride booking in India easier. The ride-hailing company will be using Metas WhatsApp messaging platform for the service. This means that customers of Uber may book rides in

Swiggy to invest $700m in grocery service Instamart

02:42am, Friday, 03'rd Dec 2021 The Tribune
New Delhi: Swiggy on Thursday said it will invest $700 million (about Rs 5,250 crore) in its express grocery delivery service Instamart. Swiggy Instamart — launched in Gurugram and Bengaluru last year — is now available across 18 cities and handles over one million orders per week. PTI Chandigarh UPES unveils incubation programme ''Runway'' The University of Petroleum and Energy Studies (UPES), Dehradun, has launched an incubation programme ''Runway'' to work with startups and help them transition into strong, scalable and successful businesses. It will be done through a mix of mentorship, grant and investment, legal and incorporation support and allocation of space to work. TNS New Delhi Now, book an Uber ride through WhatsApp Uber and WhatsApp on Thursday announced a partnership that will allow people to book a ride via WhatsApp. With this integration, riders will no longer need to download or use the Uber app. Registration, booking a ride and getting a trip receipt will be managed within the WhatsApp chat interface.
Tina Bellon / Reuters : Uber says it is launching an optional audio recording pilot program to enhance safety in three US cities this month, following a Latin America rollout in 2019 Uber Technologies Inc (UBER.N) on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety

Uber Users Will Be Able To Book Ride Via WhatsApp In India

09:42pm, Thursday, 02'nd Dec 2021 Business Insider Markets
(RTTNews) - Ride-hailing company Uber Technologies Ltd. (UBER) said on Thursday that it would soon introduce a feature, which would allow users in India to book rides via Meta Platforms Inc.'' (FB) messaging service WhatsApp. The move is aimed at helping Uber gain access to the more than 500 million user base of WhatsApp in India. Uber said

Uber to test audio recording safety feature in the US

08:55pm, Thursday, 02'nd Dec 2021 iTnews
Two years after the feature was launched in Latin America.

The company is offering Rs 2 crore to IIT students, see full details

08:21pm, Thursday, 02'nd Dec 2021 News Track Live (English)
New Delhi: Uber Technologies: On the first day of the final placement of Indian Institute of Technologies, Uber Technologies has offered the highest salary to the students. The company has offered a salary of Rs 2 crore plus. The San Francisco based mobility service company has offers at IIT Bombay, Madras, Roorkee, Kanpur, Guwahati and Varanasi. According to media reports, Uber''s salary package is around $274,250 or Rs 2.05 crore. This includes a base pay of $128,250 (approximately Rs. 96 lakh), target cash bonus, new higher grant and sign in bonus. After a gap of nearly six years, a salary package of Rs 2 crore has been offered on the IIT campus. The top package in IIT last year was $200,000, or about Rs 1.48 crore. It was on behalf of Cohesity, an IT company based in Sen. Francisco. However, Uber is yet to respond to its package. According to the report, a company spokesperson said Uber is keeping engineers for its centres in Hyderabad and Bengaluru. According to the ongoing recruitment draw event, Uber is constantly moving to the top technology campus across the country, including IIT, the company said.
Public outrage erupts in Qatar over increasing Uber trip cancellations and extra charges. Commuters have taken to social media in recent weeks to express frustration over increasing cancellations and extra charges by leading taxi-app Uber. Countless complaints have rolled in against Uber by users who say they have been unfairly charged due to cancellations in [] (The post Unreasonable and ridiculous: Complaints increase over rising Uber cancellations, extra charges is from Doha News | Qatar .)

Uber set to roll out audio recording safety feature in the U.S.

03:56pm, Thursday, 02'nd Dec 2021 Ghana Talks Radio
Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident. Uber at the end of 2019 disclosed it had received 6,000 reports of sexual assault and 107 road fatalities related []
Uber is adding several new safety features to its app, including an audio reminder to riders to wear their seat belts, allowing riders or drivers to record audio during rides, and detection of unexpected route changes or stops before the final destination. The updates are designed to help both riders and drivers feel safer during []
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