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LYFT CFO
Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumblingThe forecast marks a setback for the ride-hailing provider's comeback, fueled by a year of improving bookings growth, higher margins and ex...- Uber misses on profit outlook, names new CFO for robotaxi futureThe executive, Balaji Krishnamurthy, has been with Uber for more than six years and is currently vice president of strategic finance and in...
- Uber shares tumble 9% on surprise net loss, weak second-quarter forecastThe report suggests that Uber's growth could be slowing after a strong 2023 in which it dominated the U.S. ride-share market and delivery b...
- Uber hits record high after unveiling first-ever $7-billion share buybackInvestors cheered the plans, with shares rising 12%, on the same day that thousands of drivers for Uber, rival Lyft and food delivery app D...
- Uber shares fall as fears over Lyft's pricing eclipse first operating profitUber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...
- Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profitUber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain it...
- Lyft says CFO Elaine Paul to step down, appoints replacementLyft Inc said on Tuesday Erin Brewer will replace chief financial officer Elaine Paul, who is leaving the ride hailing company months after...
- Tech firms, Wall Street lead job cuts in Corporate AmericaInterest rate hikes by global central banks to tame stubborn inflation have weighed on consumer and corporate spending, affecting the outlo...
- Startups meet Rajeev Chandrasekhar to discuss Silicon Valley Bank crisis; Ola offers to replace S1 scooter part amid customer complaintsAs startups and investors across the world scramble to get their money out of the failed Silicon Valley Bank, Indian startups met the minis...
- Tech firms, Wall Street lead job cuts in corporate AmericaRapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-o...
- Meet a new generation of rising stars of the Indian diaspora making a mark in diverse fields around the worldTogether, they are the single biggest remittance group — sending $80 billion home in 2018 alone.
- Tesla executive upheaval tests if Musk can lead as well as dreamMusk is in the midst of a crucially important attempt to mass manufacture vehicles, a feat that’s proven incredibly difficult even for a gu...
- Two senior executives end their ride with OlaPradeep Dodle, head of cabs category management has quit the company while Harsha Kumar, associate vice president of products is serving he...
- Ola appoints Joy Bandekar to lead new initiativesWith over 20 years of experience, Bandekar will be part of Ola's core leadership team, focussing on new initiatives for the company, Ola sa...
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