Uber

The Latest

  • Alibaba Group, Grab Discussing Potential $3 Billion Deal: Sources
    REGAINING SHARE
    The e-commerce group is trying to cushion the loss of market share in Southeast Asia.
  • Who Was That Masked Man? Uber Says No Face-Covered Selfie, No Car Home
    Uber ride
    Uber has received complaints from drivers about passengers refusing to wear protective masks.
  • Uber, Lyft Restart The Meter On California Rides
    California
    Uber, Lyft delay plans to pull out of California after delay in order they reclassify their drivers work status.
  • Uber Sheds $1.8 Billion In Second Quarter As People Stayed Home Due To Virus
    ROCKY ROAD
    Uber was still able to earn $2.24 billion in total sales for the current quarter despite the loss.
  • Grab To Let Go Of 360 Staff As Global Pandemic Deals Heavy Blow On Business
    LAYOFFS
    Southeast Asia's most valuable startup feels the pinch caused by the virus on its global operations.
  • Amazon To Buy Driverless Car Startup Zoox For Under $3.2 Billion
    AUTONOMOUS
    Zoox has been approached by other firms in the automotive industry with regards a possible acquisition bid
  • Uber To Let Go Of 600 Workers In India Due To Lockdowns
    RIDE-HAILING
    Uber's move part of company's recently announced 6,700 employment global cutdown
  • Uber To Cut 3,000 More Jobs Amid Continued Business Slump
    Uber Technologies
    Uber has decided to further cut jobs just two weeks after reducing its workforce by 14 percent earlier in the month.
  • Uber Posts $2.9 Billion Q1 Loss
    UBER
    Uber reports a 50% boost in revenue for its Eats business with Rides’ falling as COVID-19 changed the landscape confronting the company.
  • Uber To Cut 3,7000 Jobs Amid Slump In Ride-Hailing Operations
    Uber Job Cuts
    Apart from its hiring freeze, Uber is planning to cut roughly 14 percent off its global workforce to save on costs.
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