The ride-hailing giant’s chief executive has made a bet on how it can finally grab a bigger piece of one of the world’s largest taxi markets.
Category: Khosrowshahi, Dara
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Uber’s Festering Sexual Assault Problem
The company has tested tools that make rides safer, court records show. Measures to stem the violence have been set aside in favor of protecting the company’s business.
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What Trump, and C.E.O.s, Actually Got in Riyadh
Executives including Elon Musk and Nvidia’s Jensen Huang, were in Saudi Arabia for new investments. That, not tariffs, is what they wanted from Trump.
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Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
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Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
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Uber Reports Record Ridership and Second Straight Quarterly Profit
Revenue was up 11 percent from a year earlier, helping to generate $221 million in net income.
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Uber Posts 14% Rise in Revenue as Growth Slows
The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
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Uber’s Revenue Up 29% as U.S. Ride-Hailing Business Improves
The company said its financial results in the most recent quarter were about in line with the expectations of investors.
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Uber Reports Record Revenue as It Defies the Economic Downturn
The New York Times – Business:The company, which was hit hard in the early stages of the pandemic, saw revenue jump 49 percent from the same period a year ago.
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Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
The New York Times – Business:The ride-hailing company had strong revenue growth, but it still lost money in part because of its investments in other ride-hailing businesses.