The ride-hailing pioneer is contending with slowing bookings growth, rising insurance costs and an alliance between DoorDash and Lyft.
CEO Dara Khosrowshahi noted during the firm’s third-quarter earnings call last week that Uber has seen a slowdown in its core ...
Uber on Monday sent a petition requesting cuts to New York City drivers’ minimum pay, citing recent drops in the price of ...
Uber (UBER) is asking the NYC taxi commission to lower the minimum pay rate for drivers to account for the cheaper price of ...
The company is asking for the per-mile rate to be lowered as it said driving costs have remained steady or decreased over the ...
The rumored deal was notable in part because Uber CEO Dara Khosrowshahi was Expedia Group’s CEO from 2005 to 2017, and remains on the board. Asked if Expedia will merge or get acquired by another ...
Despite achieving a record $1.06 billion operating profit in Q3, Uber Technologies Inc. announced a softer-than-anticipated ...
Uber stock is richly priced, even after dipping 9% on slower booking growth. That gives it currency to spend - say, on a ...
Uber’s third-quarter revenue beat Wall Street’s expectations, while gross bookings fell short of projections. The ride-share ...
Uber reported its delivery gross bookings rose 17% year over year to $18.66 billion. Anmuth noted that Uber also grew its Uber One subscription business to 25 million members, up 70% year over year.
Uber CEO Dara Khosrowshahi during a Thursday earnings call said that the company's weekday business was "very strong, and Uber for Business especially is very, very strong." ...
Uber, the dominant player in the North American ride-sharing market, sees suburban areas in the U.S. and elsewhere as a next ...