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Uber's use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, whilst increasing the company's share of revenue, a study has suggested. The University of Oxford ...
Uber, Lucid and autonomous vehicle startup Nuro are joining forces to deploy more than 20,000 robotaxis as demand for driverless cars kicks into high gear.
Uber Technologies Inc. Annual stock financials by MarketWatch. View the latest UBER.KZ financial statements, income statements and financial ratios.
The FTC claimed that users are "wrongly promised savings" when they sign up for Uber One, and that the company makes it difficult to cancel the subscription.
Learn what an income statement is, its key components (revenue, expenses, profit), and why it's important for financial analysis.
Uber stock tanked on Thursday after the ride-hailing giant missed on the all-important gross bookings metric.
Uber Technologies UBER 1.72% posted its first-ever operating profit in the second quarter, a milestone in its long-term efforts to stem losses in its businesses carrying people and delivering food.
Uber CEO Dara Khosrowshahi told employees "it is what it is" at a heated all-hands meeting after the company announced it would increase its in-office requirements and change benefits.
"The company is starting to show that it's not just a marketplace company but a software company," Jang says, highlighting Uber's profitability and continued growth opportunities.
Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, hitting shares.
New York Attorney General Letitia James reached a historic $328 million settlement with rideshare companies Uber and Lyft, which were accused of stealing earnings from drivers.
The Federal Trade Commission on Monday sued Uber, accusing the ride-hailing and delivery company of deceptive billing and cancellation practices tied to its subscription service.