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Uber Reserve Now Available in More Cities, Rides Can Be Booked Upto 90 Days in Advance
Uber announced the expansion of Reserve facility across six more cities in India, giving riders an option to pre-book their rides 30 minutes to 90 days ahead of their travel. The six new cities added are Kochi, Chandigarh, Ahmedabad, Jaipur, Lucknow and Guwahati. Uber Reserve will now be available for cash payments offering riders access to pre-boo...
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Uber Drivers, Delivery Agents Grow to 5 Million; Turns Cash Flow Positive for First Time in Bumper Quarter
Uber on Tuesday reported a positive quarterly cash flow for the first time ever, while increasing drivers and delivery agents to its fleet in the quarter, taking their total number to an all-time high of about 5 million. It has forecast Q3 operating profit above estimates, as more people rely on its services for transport and food delivery, accordi...
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Uber Turns Cash Flow Positive For The First Time
Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
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Uber Said to Cut Marketing Costs, Slow Down Hiring: Report
Uber will reportedly scale back hiring and reduce expenditure on its marketing and incentive activities, according to a letter from chief executive officer Dara Khosrowshahi.
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Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
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Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
-
Uber India Announces Cash Incentives For Vaccinating First Batch Of 150,000 Drivers
Uber has unveiled a Rs. 18.5 crore initiative to get 150,000 drivers on its platform vaccinated over the next six months, stepping up its efforts to help India's fight against a second wave of COVID-19 infections.
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Waiting On Olympics, Japanese Fencer Turns To Uber Eats For Fitness, Money
With his Olympics preparations in tatters, Japanese fencer Ryo Miyake has begun delivering food for Uber Eats as a way to keep up his fitness and bring in a little extra cash during the enforced coronavirus lockdown.
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Uber Cites Signs of Rebound From Virus Slump, Says Has Enough Cash to Ride Out Crisis
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
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Uber Shares Soar After CEO Says Has Enough Cash To Ride Out Coronavirus Crisis
Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.
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Indian Drivers Face The Heat As Uber Plans IPO
As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives have considerably gone down while work hours have gone up. Drivers in cities like Los Angeles, New York City, London and Tokyo were to join the strike an...
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Uber Buys Rival Careem in $3.1 Billion Deal to Dominate Ride-Hailing in Middle East
Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full ownership of Careem.
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Uber May Announce $3 Billion Deal With Careem This Week: Report
Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes to buy Dubai-based rival Careem Networks FZ.
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SoftBank, Toyota Said to Be in Talks to Invest $1 Billion in Uber's Self-Driving Unit
The investment would provide a cash injection for Uber's self-driving program that is costing the money-losing startup hundreds of millions of dollars without generating revenue.
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Uber Begins Accepting Cash in Mexico City, Tapping Key Market
Uber waged a long campaign for cash fares in Mexico where roughly 60 percent of the population lacks a bank account.
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Uber Reserve Now Available in More Cities, Rides Can Be Booked Upto 90 Days in Advance
Uber announced the expansion of Reserve facility across six more cities in India, giving riders an option to pre-book their rides 30 minutes to 90 days ahead of their travel. The six new cities added are Kochi, Chandigarh, Ahmedabad, Jaipur, Lucknow and Guwahati. Uber Reserve will now be available for cash payments offering riders access to pre-boo...
-
Uber Drivers, Delivery Agents Grow to 5 Million; Turns Cash Flow Positive for First Time in Bumper Quarter
Uber on Tuesday reported a positive quarterly cash flow for the first time ever, while increasing drivers and delivery agents to its fleet in the quarter, taking their total number to an all-time high of about 5 million. It has forecast Q3 operating profit above estimates, as more people rely on its services for transport and food delivery, accordi...
-
Uber Turns Cash Flow Positive For The First Time
Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
-
Uber Said to Cut Marketing Costs, Slow Down Hiring: Report
Uber will reportedly scale back hiring and reduce expenditure on its marketing and incentive activities, according to a letter from chief executive officer Dara Khosrowshahi.
-
Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
-
Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
-
Uber India Announces Cash Incentives For Vaccinating First Batch Of 150,000 Drivers
Uber has unveiled a Rs. 18.5 crore initiative to get 150,000 drivers on its platform vaccinated over the next six months, stepping up its efforts to help India's fight against a second wave of COVID-19 infections.
-
Waiting On Olympics, Japanese Fencer Turns To Uber Eats For Fitness, Money
With his Olympics preparations in tatters, Japanese fencer Ryo Miyake has begun delivering food for Uber Eats as a way to keep up his fitness and bring in a little extra cash during the enforced coronavirus lockdown.
-
Uber Cites Signs of Rebound From Virus Slump, Says Has Enough Cash to Ride Out Crisis
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
-
Uber Shares Soar After CEO Says Has Enough Cash To Ride Out Coronavirus Crisis
Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.
-
Indian Drivers Face The Heat As Uber Plans IPO
As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives have considerably gone down while work hours have gone up. Drivers in cities like Los Angeles, New York City, London and Tokyo were to join the strike an...
-
Uber Buys Rival Careem in $3.1 Billion Deal to Dominate Ride-Hailing in Middle East
Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full ownership of Careem.
-
Uber May Announce $3 Billion Deal With Careem This Week: Report
Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes to buy Dubai-based rival Careem Networks FZ.
-
SoftBank, Toyota Said to Be in Talks to Invest $1 Billion in Uber's Self-Driving Unit
The investment would provide a cash injection for Uber's self-driving program that is costing the money-losing startup hundreds of millions of dollars without generating revenue.
-
Uber Begins Accepting Cash in Mexico City, Tapping Key Market
Uber waged a long campaign for cash fares in Mexico where roughly 60 percent of the population lacks a bank account.
