Recent Highlights
All Stories for Uber Technologies
Uber falls over 40 percent since its IPO, lost $1.2 billion in September-quarter
• 5 years agoUber faces huge losses as it is currently struggling to win investor confidence.
SoftBank's takeover represents a stunning reversal of fortune for WeWork
• 6 years agoTo stem WeWork's bleeding, SoftBank will need to reverse its losses and find a way to make it profitable.
Arm Holdings plans to re-enter the public markets in 2023, the company CEO confirms
• 6 years agoThe CEO says that Arm Holdings has purposely taken steps that will pay off years later.
Uber loses $5 bn, misses Wall Street targets despite easing price war; company's costs up 147% to $8.65 bn
• 6 years agoUber stock had risen more than 8% and Lyft had gained 3% during the day. Following Uber’s report, its shares fell 6% and Lyft dropped nearly 2%.
Uber, Bengaluru-based Sun Mobility tie-up to offer electric three-wheelers in India in coming months
• 6 years agoUber already allows riders in India to book the ubiquitous three-wheeled vehicles dubbed “autorickshaws” or “autos”
Waymo is testing complimentary Wi-Fi in its self-driving taxis to entice new riders
• 6 years agoWaymo is persuading passengers that their ride service is less stressful than driving own cars.
Uber CEO expects further pressure as falling shares more than double losses; says stock did not trade as well as hoped post-IPO
• 6 years agoUber's market capitalization has fallen to about $61 billion since its IPO on Thursday, still larger than Wall Street heavyweights including General Motors and FedEx
Uber prices IPO conservatively at $82.4 bn, hopes it will spare ride-hailing firm trading woes of rival Lyft
• 6 years agoThe IPO still represents a watershed moment for Uber, which has grown into the world’s largest ride-hailing company since its start 10 years ago.
Uber CEO Dara Khosrowshahi, management team take IPO roadshow to New York as demand builds up
• 6 years agoUber is set to price its $10 billion IPO on 9 May, seeking a valuation of up to $90 billion
Uber's Amit Jain to leave next month, Pierre-Dimitri Gore-Coty named as new Asia-Pacific unit chief
• 6 years agoSan Francisco-based Uber counts India as one of its major growth markets and has been locked in a fierce battle with homegrown rival Ola for years.