Ola and Uber Launch Bike Taxi Services in Bengaluru
On demand transportation providers Ola and Uber have announced the launch of bike taxi pilots in Bengaluru on the same day, starting at a minimum fare of Rs. 15, for…
Google Testing Hands Free Payment App on Android and iOS
From Apple's earliest days, executives insisted that employees work from its headquarters in sleepy suburban Cupertino. The thinking, championed by Steve Jobs, was that a centralized campus would put the…
China Leads in Digital Payment Adoption Worldwide: Nielsen
China has the highest adoption rate in the world for technology-enabled payment systems, the media reported on Thursday. In a survey of 13,000 respondents in 26 countries, 86 percent of…
Uber Racked Up Big International Losses During 2014 Expansion
The international business of Uber, the US-based ride-hailing service, lost $237 million in 2014, a big increase on a deficit of $31.9 million the previous year, as the company expanded…