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1-10 results from 593 for query «uber»

January 3, 2019 12:27 PM A real roasting: Coffee startup Luckin set to overtake Starbucks in China

Just a year in the business, Luckin Coffee will open 2,500 stores this year to dislodge Starbucks and become China's largest coffee chain BEIJING, China – After only a year in business, startup Luckin Coffee said Thursday, January 3, it will open 2,500 stores this year to dislodge Starbucks and become China's largest coffee chain. The company said it plans 124

December 7, 2018 12:00 PM HOAX: Robredo photo with 'a cop who killed Kian delos Santos'

The man shown in a photo with Vice President Leni Robredo is a former Uber driver, not a cop involved in Kian delos Santos' slay WRONG MAN. The man with Vice President Leni Robredo is a driver and a resident of Angono, Rizal, and not a cop in Caloocan City. Claim: A photo surfaced online, supposedly showing Vice President Leni Robredo with one of the Caloocan 141

October 17, 2018 2:58 AM Antitrust watchdog fines Grab P16 million over Uber deal

Following a third-party review, the Philippine Competition Commission slaps Grab with a fine of P12 million and Uber with P4 million for causing 'undue difficulties' to the review he country's antitrust watchdog, imposed P16-million worth of penalties on ride-hailing giant Grab Philippines for failing to maintain operations before it acquired Uber. Following 93

October 16, 2018 1:47 PM Report: Uber IPO could put company value at $120 B

NEW YORK — Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion, according to a media report. The Wall Street Journal said Tuesday that Uber Technologies Inc. received valuation proposals from Goldman Sachs and Morgan Stanley. There is no guarantee Uber will fetch that valuation 88

October 10, 2018 9:05 AM Grab welcomes UK audit firm as its third party monitor

Ride-hailing company Grab Philippines said on Wednesday it is “satisfied” with the decision of the Philippine Competition Commission (PCC) to appoint international audit firm Smith & Williamson to monitor its compliance to pricing and service quality. Smith & Williamson will serve as the independent third party monitor trustee and will check on Grab’s 38

October 10, 2018 1:36 AM Top UK audit firm to monitor Grab pricing, service quality

Philippine Competition Commission chief Arsenio Balisacan says Smith & Williamson 'will serve as our eyes and ears on the ground' COMPLIANCE. The Philippine Competition Commission selects Smith & Williamson to monitor Grab's compliance to pricing and service quality commitments. MANILA, Philippines – The Philippine Competition Commission (PCC) has chosen 102

August 26, 2018 1:50 AM Chinese ridesharing giant admits 'responsibility' for murder

BEIJING - Chinese ridesharing giant Didi Chuxing said Saturday it bore "responsibility" for the rape and murder of a passenger by a driver who had been reported by another user just a day before the killing. Police in the city of Wenzhou said Saturday they had arrested a 27-year-old man who worked as a driver on suspicion of raping and killing a female 99

August 10, 2018 4:41 AM Anitrust body OKs Grab-Uber deal, sets conditions

Any breach of the fair pricing conditions and service quality commitments set by the Philippine Competition Commission will subject Grab to fines of up to P2 million per violation MANILA, Philippines – The Philippine Competition Commission (PCC) has bound ride-hailing company Grab Philippines to fair pricing conditions and service quality commitments 77

August 10, 2018 12:18 AM Police: College hoops coach threw punch killing NYC tourist

This photo from Nov. 28, 2017, shows Wake Forest assistant coach Jamill Jones, second from left, with the team and head coach Danny Manning, second from right, during the second half of an NCAA college basketball game in Winston-Salem, N.C. Police say Jones threw a punch that killed a New York City tourist who knocked on his car window thinking it was his Uber ride. He was arrested 36

August 1, 2018 4:27 AM Grab 'close to finalizing' commitments with antitrust body

MANILA -- Grab said Wednesday it was "close to finalizing" voluntary commitments aimed at resolving concerns raised by the country's antitrust watchdog. Negotiations with the Philippine Competition Commission are ongoing, according to Grab, which acquired Uber's Southeast Asia operations. "We are set to meet with PCC again within the week, but we will defer 46