Uber Lost $1 Billion in a Quarter
Uber Technologies Inc., in its first financial report as a public company, reported a $1.01 billion quarterly loss and posted first-quarter sales in line with...
Uber Drops After Raising $8.1 Billion
Uber Technologiesc’s shares fell nearly 9% in their New York Stock Exchange debut on Friday, marking a tough start for the high-profile U.S. company.
The...
Uber Receives $1 Billion Investment From Toyota, Denso And SoftBank
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a funding boost for its...
Uber Files for IPO, Unveils Company's Finances
Uber Technologies on Thursday filed publicly with the U.S. Securities and Exchange Commission for its initial public offering (IPO).
The Uber filing gives...
Uber Admits Self-driving Cars Are Still Years Away
Uber Technologies Inc. expects it will be a long time before one of its self-driving cars, is ready for wide-scale deployment, a senior scientist said...
Uber Expands the Greater Middle East With the Acquisition of Careem
Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion...
Uber to Pay $20M to Drivers in Lawsuit Settlement
Uber will pay $20 million to settle a lawsuit brought by its drivers, according to court documents filed late Monday night.
Drivers for the...
Uber Not Liable for Self-driving Death
Uber will not face criminal charges for a fatal crash involving one of its self-driving cars.
Prosecutors have ruled that the company is not criminally...
Uber's Growth is Slowing
As Uber gears up for an initial public offering later this year, its most recent financials revealed slowing sales.
The company reported $3 billion in...
Uber Quarterly Loss Surges to $1.1 Billion
Uber’s sales are slowing even as the ride-hailing company is spending more to fuel global growth.
Uber Technologies Inc. reported revenue growth of 38...
