Tesla CEO Elon Musk is known for confidently underestimating the time it will take for anticipated advancements across many of his ventures, like Tesla, X, and SpaceX. Some view that as an effort to ...

Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) fell 3.2% in the afternoon session after the company, along with rival Lyft, signed off on a deal to allow its California ...

This rapid growth has not gone unnoticed by Uber CEO Dara Khosrowshahi, who admitted that Uber's fiercest competition in India is no longer Ola but Rapido. "Ola used to be our main competition. And, ...

Rapido is reportedly in talks to raise around $200 million from Dutch investment firm Prosus, according to a Moneycontrol report. The deal, still under negotiation, could boost Prosus’ current 3-4% st ...

Global investor Prosus is reportedly in talks to invest an additional $200 Mn (about INR 1,752 Cr) in ride-hailing unicorn Rapido ...

It is also possible the total round size increases if Prosus looks at doing a combination of primary and secondary deals, sources told Moneycontrol.

Musk has once again taken aim at lidar. In an interview, Uber CEO Dara Khosrowshahi shared his views on the "autonomous driving race," stating that "lidar solutions are more feasible in the short term ...

Rapido has hit a roadblock in its biggest business, bike taxis, in its biggest market, Bengaluru. With the core business ...

Conducted by Auto News and Equilar, the study revealed the highest paid executive at an automaker based in America was GM’s ...

Car manufacturing could pivot to America, Musk disagrees with Uber CEO on autonomy safety and seven-year car loans are ...

Khosrowshahi said that Ola used to be Uber's main competition, but Rapido is currently the more formidable rival in India.

NYC cab drivers call on Gov. Kathy Hochul to stop Waymo Robotaxis from expanding, citing concerns about safety and job ...