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Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business

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19 May, 2020

Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business

Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce ......

Uber to require drivers, riders to wear masks around the world

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14 May, 2020

Uber to require drivers, riders to wear masks around the world

Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as ......

Uber posts $2.9 bn Q1 loss, sees rides recovering from coronavirus lows

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08 May, 2020

Uber posts $2.9 bn Q1 loss, sees rides recovering from coronavirus lows

Uber Technologies Inc's ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related slowdown will delay ......

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

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06 May, 2020

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary ......

Uber sees profit by end of 2020, but still expects full-year loss

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07 February, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the ......

Zomato gobbles up Uber's India food delivery business

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21 January, 2020

Zomato gobbles up Uber's India food delivery business

Zomato Media Private Ltd on Tuesday said it agreed to acquire ride-hailing company Uber Technologies Inc.'s food delivery business in ......

Uber CEO expects India, other developing markets to drive growth

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23 October, 2019

Uber CEO expects India, other developing markets to drive growth

Uber pinned its growth over the next decade on developing markets like India on Tuesday, despite the problems it has ......

Uber posts $1 bn loss in first quarterly report after going public

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31 May, 2019

Uber posts $1 bn loss in first quarterly report after going public

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its ......

Uber files for IPO, warns it may 'never' make a profit

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12 April, 2019

Uber files for IPO, warns it may 'never' make a profit

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing ......

Uber to float $10-billion IPO, lowers valuation expectation

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10 April, 2019

Uber to float $10-billion IPO, lowers valuation expectation

Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public ......