In Portland, Uber launches initiative to add electric vehicles to its fleet

 With a new electric vehicle initiative, Uber is finally speaking Portland’s language. The company shares a rocky history with the famously green city, but that won’t stop Portland from becoming the first U.S. market where Uber will push a set benchmarks for electrifying its fleet. For the Portland version of Uber Electric, a program that the company rolled out……

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Uber rival Grab makes first major acquisition to build out its payments platform

 Grab, Uber’s biggest rival in Southeast Asia, has completed its first major acquisition after it bought up Indonesian startup Kudo to boost its nascent mobile payments platform. Neither party is giving a figure for the size of the deal, which was first rumored in February. Initial reports at the time suggested Grab would pay over $ 100…

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