Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
15 Apr, 2026, 05.30 PM IST
Why Uber stock is falling today after Uber earnings? Weak profit outlook and higher taxes disappoints investors despite booming ride demandUber stock tumbled after the ride-hailing company issued a weaker-than-expected profit forecast for the first quarter, despite reporting st...
05 Feb, 2026, 03.24 AM IST
Why is Uber stock falling today - here’s what’s really driving the dropUber stock fell 3.8% as European rules and taxi protests create pressure. Analysts like Erste Group and Morgan Stanley lowered their outloo...
10 Dec, 2025, 10.52 PM IST
Uber Q3 earnings show strong growth but $479 million legal hit cuts profitUber’s latest earnings showed strong growth in rides and revenue but faced a big legal expense that hurt profits. The company still reporte...
04 Nov, 2025, 11.54 PM IST
Uber expects strong core profit as ride share, food delivery demand acceleratesUber, which posted its first full-year profit on net basis, is expanding initiatives like memberships, corporate travel and advertising. Co...
07 Feb, 2024, 06.09 PM IST
Lyft shares skid on fears Uber pulling aheadLyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.
11 Feb, 2023, 02.32 PM IST
Uber makes first operating profit as driver shortage easesThe California-based company reported Ebitda of $8 million for the quarter ended September 30. That compared to a loss on the same basis of...
05 Nov, 2021, 02.44 PM IST
Uber Eats revenue continues to grow in Q1, ride-hailing remains flatUber's ride-hailing business had to absorb a $600 million hit to account for a settlement with its more than 70,000 UK drivers and provide ...
06 May, 2021, 10.08 AM IST
Uber cuts losses on food delivery expansion, modest uptick in ride bookingsUber reported $3.17 billion in total revenue in the months from October through December.
11 Feb, 2021, 08.30 AM IST
Uber sees slowest recovery of ride business in home U.S. market, deliveries more than doubleUber's third-quarter results come just two days after it scored a significant win in its California home market, where voters passed a comp...
06 Nov, 2020, 01.00 PM IST
Uber, posting first-ever decline in rides, says worst is overDuring the past week, Uber has embarked on a blitz of cost-trimming moves. Uber said it will end food delivery operations in more than a ha...
08 May, 2020, 08.48 AM IST
SoftBank’s damage From Uber, WeWork could exceed $5 billionUber’s share price drop was the main culprit for Vision Fund’s poor performance in the second quarter.
09 Oct, 2019, 10.11 AM IST
Biggest Indian cargo company wants to build an Uber for shippingThe company hopes of taking on rivals using Uber's model of aggregation using technology tools to make it easier for clients to book marine...
30 Apr, 2018, 06.49 PM IST
Ola, Uber cut driver pay by a third in 1 yearIncentives for drivers emerged as a major draw in the last few years, helping Ola and Uber shore up supply. But these subsidies have seen a...
18 Sep, 2017, 10.04 AM IST
Uber races ahead of Meru & Easy CabsET had reported, earlier in December, that Uber India Systems, which provides marketing and support services to Uber, posted a 442% jump in...
23 Dec, 2016, 10.30 AM IST
Uber races ahead of Meru and Easy CabsAfter Uber sold off its China operations to Didi Chuxing earlier this year, it has further accelerated its efforts in India, which is now i...
23 Dec, 2016, 09.18 AM IST
Uber is as big as Ola with 50% market share: India CEO Amit JainUber will continue to invest in India to increase its pool of drivers, improve technology, and add categories such as bike taxis, he said.
06 Jun, 2016, 02.30 AM IST