Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. “With the background information obtained during the investigation, the FNE became convinced, within the legal term, that the operation does not substantially reduce...
Uber Debuts $50 Hourly Ride Option In Select US Cities
Starting next month, ridesharing users in a dozen cities can opt in for a $50 an hour ride, Uber Technologies Inc. announced on Friday (May 29). Following a pilot program in Australia, Africa, Europe and the Middle East, this new feature is aimed at helping Americans with essential trips during...
Today In Payments: Mastercard Introduces Recovery Insights Tools; Starling Notches $49M In Funding
In today’s top news, Mastercard introduces Recovery Insights tools, Google is mulling a purchase of a share of Vodafone India, and British digital bank Starling has raised $49 million in funding. Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t Mastercard’s new Recovery Insights technology will try to assist companies and...