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Share: Arrival, the U.K.-based electric bus and van manufacturer, has announced a deal with global ridesharing giant Uber to develop an electric car for ride hailing in the U.K. and Europe. General Motors (NYSE: GM) in the U.S., first announced in September 2020. The new deal with Arrival for a purpose-built electric vehicle for ride-hailing calls for the car to enter production Q3 2023. Uber (NYSE: UBER) also announced an agreement with Gopuff in the U.S. to provide on-demand delivery to more than 650 cities of everyday essential items from Gopuff's national fulfillment centers. The Arrival ...

Uber adds vaccine booking, car rental delivery in new product push Uber is launching more than a half-dozen new features, including one that will let users book vaccine appointments at Walgreens and reserve a ride to get their jab, as the company homes in on a business model that will finally deliver profitability. The features, announced Wednesday, fall under what Uber is describing as its “go get” strategy. It’s also meant to mark a return to more “normal” business operations following 14 months of shutdowns caused by the COVID-19 pandemic. The numerous features that include vacci...

Compared to the imposition of legal restrictions, this week's bad news for the loot box monetisation trend seems relatively benign. The publication of a research report into loot boxes, commissioned by UK charity GambleAware, doesn't have the teeth of a legislature deciding to take action -- but in explicitly linking loot boxes and how they function to problem gambling, the report sets up further problems down the line for the segments of the industry still clinging to this business model, with its findings likely to be dredged up over and over again at government hearings on potential regul...

(Screenshot courtesy of Amex) Additionally, my Gold Card offers a $10 monthly dining credit through Grubhub and Seamless or at The Cheesecake Factory, Ruth’s Chris Steak House, some Shake Shack locations and Boxed. It’s been very easy to use that $10 credit through Seamless every month. (Screenshot courtesy of Amex) Too many dining credits? All of this leaves me with a peculiar conundrum: In order to maximize my various credits, I need to dine out at least six times a month. (If I were actually eating at a restaurant, I could split the check between two cards but that’s harder to do wit...

Uber Reported Mixed Financial Results for Q4 Uber Technologies Inc (NYSE:UBER) was founded by Garrett Camp and Travis Kalanick back in 2009, with an aim to enhance the traveling experience of people by offering them affordable and quick ride-sharing service. Soon after its inception, Uber became increasingly popular not just in the U.S., but in several countries around the world. It has completely changed the way people travel. The company over the years has expanded into new areas such as food delivery, and helicopter service. The San Francisco-based company on Wednesday announced mixed fina...