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Punjab govt issues transport SOPs as ride-hailing services allowed to operate  

According to the provincial transport department, the decision to allow operations of transport including ride hailing services was taken in view of facilitating masses.   

Sindh govt to bring ride-hailing services under tax net

The Sindh government has decided to prepare new legislation to bring ride-hailing services into the tax net.

Uber drivers go on strike ahead of IPO

Many drivers work part time for the services and often divide their time between platforms, delivering food and goods as well as giving rides

Uber buys rival Careem in $3.1 billion deal

Careem’s board will be overhauled, with three seats going to Uber representatives and two belonging to Careem. Sheikha, who is Careem’s CEO, and Olsson will have board seats

Lyft races ahead of Uber

Lyft's private valuation has been estimated at $15 billion, considerably smaller than Uber but making it one of the largest startups worth more than $1 billion, popularly known as "unicorns."

Ride-hailing services to be brought under ambit of law: Sindh minister

Minister for Transport and Mass Transit Syed Awais Qadir Shah said that the provincial government had all set to amend the motor vehicle ordinance to bring the online taxi services under the ambit of law.

Uber seeks to cut pricing

NEW YORK: Ride-hailing service Uber Technologies Inc is asking lenders to lower pricing on its US$1.13bn term loan due in 2023, sources said. Strong demand...

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