Uber stock drops over 5% as Waymo’s partnership with Lyft fuels investor concernsUber stock faced a dip as Waymo partnered with Lyft for Nashville operations. Lyft's stock saw a surge post-announcement. Investors are con...
17 Sep, 2025, 09.27 PM IST
Uber bets on loyalty program to drive growth, unveils $20 billion buyback planUber announced a $20 billion stock buyback and forecasted higher Q3 bookings, driven by a 60% jump in Uber One subscribers. These users gen...
06 Aug, 2025, 07.37 PM IST
Uber unveils $20 billion stock buyback plan as loyalty program boosts growthUber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ...
06 Aug, 2025, 04.39 PM IST
Uber reports strong Q1 despite revenue miss, forecasts resilient demand with robust gross bookings outlookUber Technologies (UBER) reported a slight miss in Q1 revenue, but its outlook for gross bookings in Q2 exceeded Wall Street expectations, ...
07 May, 2025, 05.48 PM IST
Uber shares slide 8% as slowing bookings growth spooks investorsBookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and fell sho...
31 Oct, 2024, 07.32 PM IST
Lyft's gains from price cuts not enough to dent Uber's US leadThe average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analy...
06 Nov, 2023, 05.23 PM IST
Lyft rattles Wall Street as margins suffer in race with UberAt least 16 analysts slashed their price targets on a stock that has widely underperformed the market this year.
06 May, 2023, 08.26 AM IST
Lyft’s new CEO David Risher tackles a job requiring some heavy liftingJust days after taking over as CEO, David Risher came up with a restructuring plan that includes laying off nearly 1,100 employees.
02 May, 2023, 05.36 PM IST
'Reopening' stocks give S&P 500, Dow strong footing, tech names lagThe Dow Jones Industrial Average rose 0.7 per cent to close at 34,113.23 points, while the S&P 500 gained 0.27 per cent to 4,192.66. The Na...
04 May, 2021, 09.03 AM IST
Google parent’s investing arm battles suspicion in profit questThe company struggles to make big acquisitions in its main areas of business, partly due to concern over antitrust regulation.
27 Aug, 2019, 09.35 AM IST
Lyft snaps up a tag of $24.3 bn as IPO goes the distanceThe first ride-hailing IPO raised more than it had set off to do as investors overlooked uncertainty.
29 Mar, 2019, 11.37 AM IST
Lyft founders trade their animal costumes for a stage at NasdaqIf Silicon Valley is the fusion of two separate ideological strands, Uber and Lyft positioned themselves on different ends of the spectrum.
05 Mar, 2019, 09.42 AM IST
Uber is said to hold advanced talks to buy Mideast’s CareemCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
01 Mar, 2019, 09.08 AM IST
Infibeam's Sachin Dalal to head Rakuten in IndiaSachin Dalal, cofounder of BSE-listed ecommerce firm Infibeam, will spearhead Japanese ecommerce giant Rakuten’s thrust into Indian shores.
10 Jun, 2016, 12.40 PM IST
Uber, Alipay enter into global partnership; targets growth in China, IndiaInterestingly, Alipay's parent company Alibaba Group Holding owns a stake in Uber rival Didi Kuadi. Didi Kuadi is also an investor in Uber'...
03 May, 2016, 11.16 AM IST
Uber vs Ola: Who will end up dominating the streets?On March 23, taxi hailing company Uber dragged rival service Ola to the Delhi High Court on charges of ‘false bookings’.
07 Apr, 2016, 11.55 AM IST
Uber to set up its 1st engineering centre in IndiaRide-hailing app Uber is setting up its first engineering centre in India in Bengaluru to customize solutions for the local market.
25 Dec, 2015, 12.05 PM IST