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ride-hailing

China to launch nationwide inspections of ride-hailing companies

HONG KONG: China will conduct comprehensive inspections on all ride-hailing service companies, the transport ministry said on Friday, after a driver from dominant firm Didi Chuxing murdered a 20-year-old passenger this month. The inspections, starting from Sept. 5, will cover all ride-hailing service platforms nationwide, the ministry said in a statement. Didi said it welcomed the move and would fully cooperate to implement measures for improvement. “We accept the supervision and will do our best to improve our…

Google, Temasek investing in Indonesia’s Go-Jek as ride-hailing rivalry deepens: sources

SINGAPORE: Google, Singapore investor Temasek and China’s Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said. The investments by Alphabet's Google - its first in a ride-hailing firm in Asia - and the other prominent investors underscore both the potential of the business in Southeast Asia, a region of 640 million people, and the insatiable appetite for funds at ride-hailing…

Uber struggles to make inroads in Japan

TOKYO: Uber may be shredding business models for taxi firms the world over but it is struggling to make inroads in Japan, where risk-averse passengers prefer to stick to their high-quality traditional taxi service. Japan, with its wealthy customer base and megacities like Tokyo, should represent rich pickings for Uber. In 2015, the national market for taxis had a turnover of 1.73 trillion yen ($15.2 billion), according to transport ministry data. There are 50,000 taxis in Tokyo alone -- instantly recognisable with…

Uber threatens to leave Quebec over new ride-sharing rules

MONTREAL: Uber threatened on Tuesday to stop services in Canada's Quebec province in mid-October, saying proposed new ride-sharing regulations aimed at leveling the field with taxis are too onerous. "We are going to have to cease our operations in Quebec on October 14," Jean-Nicolas Guillemette, director general of Uber Quebec, told a press conference, while also calling for negotiations to find a solution to the deadlock that would allow the company to stay. An Uber stoppage in the province would affect cities…

Uber signs deal with Dubai regulator after pricing rows

DUBAI: Ride-hailing service Uber signed an agreement with Dubai's transport authorities on Wednesday to become fully regulated after a series of clashes over pricing and availability. The move signals friendlier relations between the government of the Gulf's most popular business and tourist destination and what is becoming one of the best known global transport brands. The two will also team up on a project to study how to cut congestion and the cost of transport in the Emirate, which Uber hopes will open up more…

BMW seeks to be ‘coolest’ ride-hailing firm with autonomous car

MUNICH: BMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing firms like Uber, which have spent billions on pay-per-use personal transport. The German carmaker will have about 40 vehicles with self-driving functions in Munich's inner city and then expand the project to other cities, BMW executives said on Friday. "There is a trained test driver behind the wheel of every car," Klaus Buettner, BMW's Vice President in charge of Autonomous Driving said. Uber's rapid growth has…