The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
Rules imminent after long wait, but worries persist over cabbies’ livelihoods and potential for ‘abusive’ practices by ride-hailing giants ...
Major hedge fund manager Bill Ackman announced a big stake in Uber last Friday. The stock rocketed on the news. However, there are several risks in Uber's stock to consider before buying. Last week, ...
The result was hit by an undisclosed $462 million legal settlement reserve that it did not elaborate on. Uber posted a second annual profit with adjusted EBITDA of almost $6.5 billion, up from ...
Sergio Avedian, a retired trader on Wall Street who now drives for Uber and Lyft and is a senior contributor to The Rideshare Guy blog, said he’s heard from a number of Massachusetts drivers ...
So, that is an ongoing cost of doing business for Uber. In 2024, the company added back an insurance reserve and settlement charge of $1.1 billion to adjusted EBITDA. Meanwhile, the company set ...
After joining Uber in September 2017, Khosrowshahi launched successful campaigns to repair the firm’s image. In addition, he completed an investment deal with Softbank, settled legal disputes ...
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