Uber Eats acquires Postmates for $2.65 billion

Uber Eats acquires Postmates for $2.65 billion

By Anna Domanska - Jul 06, 2020

Uber is set to buy Postmates, the food delivery start-up for $2.65 billion, in a bid to expand its food delivery business to meet the shortfall in revenue from its struggling ride-

Read More
Uber Withdraws 2020 Guidance Due To Pandemic

Uber Withdraws 2020 Guidance Due To Pandemic

By Anna Domanska - Apr 20, 2020

Uber has withdrawn its 2020 financial guidance report saying that the Covid-19 coronavirus pandemic has made it difficult to predict how the market will playout for the company. â€

Read More
Takeaways from Dara Khosrowshahi's Interview at the Code Technology Conference

Takeaways from Dara Khosrowshahi's Interview at the Code Technology Conference

By Carrie Ann - Jun 01, 2018

Solving the governance challenges in Uber was Dara Khosrowshahi’s top priority when he took over the company as CEO in August last year, according to his statement in an intervie

Read More
Uber leaves Southeast Asia to cut potential losses

Uber leaves Southeast Asia to cut potential losses

By Anna Domanska - Mar 26, 2018

Uber seems to have given up its ride-sharing service rivalry with competitors in Southeast Asia as they agree to sell its outlets in eight Asian countries to the strong local rival

Read More
Uh-oh here comes the first major challenge for Uber CEO Dara Khosrowshahi

Uh-oh here comes the first major challenge for Uber CEO Dara Khosrowshahi

By Anna Domanska - Aug 30, 2017

For some Uber investors, this is the most exciting time. After all the company has just appointed Expedia chief Dara Khosrowshahi as the CEO of Uber after spending more than 70 day

Read More
What to expect from the new Uber CEO Dara Khosrowshahi

What to expect from the new Uber CEO Dara Khosrowshahi

By Anna Domanska - Aug 29, 2017

Uber’s new CEO, Dara Khosrowshahi, has an impressive resume. So far, he has worked as an investment banker, a chief financial officer, and a chief executive officer. Let’s just

Read More
Expedia's Dara Khosrowshahi as new CEO of Uber

Expedia's Dara Khosrowshahi as new CEO of Uber

By Anna Domanska - Aug 28, 2017

Uber Technologies Inc. has selected Dara Khosrowshahi, the chief executive of Expedia Inc., as its CEO. The move comes after a long weekend of meetings with two other final candida

Read More