, Uber earns magnum profits in delivery business; losses in ride sharing
Uber revenue fell by 29% as the ride-sharing company’s gross mobility bookings reduced to 73% year-on-year due to the pandemic.
, Uber Withdraws 2020 Guidance Due To Pandemic
Uber has withdrawn its 2020 financial guidance report saying that the Covid-19 coronavirus pandemic has made it difficult to predict how the market will …
, Uber welcomes $2 trillion stimulus package with benefits for contract workers
Whether you want to stay up-to-date on the latest business news, read in-depth CEO interviews, or find new ideas on leadership, management and innovation, …
, Uber stripped off its London license over safety issues
Transport for London (TFL) has clearly stated that Uber will not be granted a new license to operate in London after repeated failures of …
, Uber loses $1 billion in 1st Quarter, plans to cut incentives
Uber Technologies first quarterly report, as a public company, indicates that the ride-hailing giant spent 20 percent of its revenue rebuilding its food delivery …
, Uber vs Lyft: Whose IPO will set stocks soaring?
Uber and Lyft have hinted for months that they’ll go public in 2019. What came as a surprise was reports of Uber confidentially filing …
, Uber confidentially files for IPO in a race against Lyft to tap investors
Ride-hailing giant Uber Technologies has filed confidential paperwork for its initial public offerings, WSJ reports, as the ridesharing startup races against rival Lyft to …
, Uber to Offer High-Performing Drivers More Attractive Compensation Package
Uber has introduced a new reward program: Uber Pro that will allow its drivers who score low cancellation rates and maintain high ratings to …
, Top-tier ride-hailing companies are now offering rides on electric bicycles and scooters
Ride-hailing companies are beginning to make a shift from their primary business to win as many users as possible in the transportation market. Uber …
, Toyota is investing $500 million in Uber to develop self-driving cars
Toyota Motor Corp. will invest $500 million in Uber Technologies Inc. to jointly work on developing autonomous vehicles aimed at improving safety and lowering …
