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...
01 Aug, 2023, 06.59 PM IST
Uber's finance chief to exit in January next yearUber Technologies said on Tuesday Chief Financial Officer Nelson Chai will leave the ride-hailing company in January next year.
01 Aug, 2023, 04.47 PM IST
Uber CFO Nelson Chai plans to step downUber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, cit...
11 Jul, 2023, 08.46 AM IST
Uber forecasts first-ever adjusted profit, shares jump 7%The company said last month riders returned to its platform in greater numbers in July, and that it expects the trend to continue in the co...
21 Sep, 2021, 04.51 PM IST
India rides business 'adversely affected' by second Covid-19 wave, says Uber chiefUber CFO Nelson Chai said the growth in the US and other international markets would offset the headwinds being faced in India and Brazil.
06 May, 2021, 03.43 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
Uber forecasts first-ever quarterly profit by end of yearUber is trying to more closely connect its various services and increase usage among the more than 100 million customers who open the app e...
07 Feb, 2020, 09.11 AM IST
Uber Eats focuses on aggressive expansion in IndiaThe company said it has added thousands of restaurant partners across the 44 cities it operates in here. "We are aggressively looking at ex...
16 Nov, 2019, 03.38 PM IST
UberEats India devours firm's global numbersUber's total revenue rose nearly 30% to $3.81 billion, while net loss widened to $1.16 billion in the quarter ended September 30, the compa...
06 Nov, 2019, 08.22 AM IST
Uber India collective loss to hit Rs 3.8k croreNegative revenues could be caused by commission revenues being lower than the cost of delivery, high refunds to consumers and UberEats payi...
05 Nov, 2019, 09.05 AM IST
Competition eats into UberEats commission, 4% decrease on-yearUber on Thursday reported that its revenue rose 20% in the quarter ended March 31, 2019, to $3.1 billion, while its losses swelled to $1 bi...
01 Jun, 2019, 10.47 AM IST
Uber is said to pick New York Stock Exchange for 2019 mega IPOThe ride-hailing giant is expected to publicly file for its offering in April, kicking off a listing that could value the company at as muc...
22 Mar, 2019, 10.32 AM IST
Uber revenue growth slows, losses persist as 2019 IPO draws nearOf the $11.4 bn in net revenue the company generated in 2018, $3 bn came in the last three months of the year, up only 2% from the previous...
16 Feb, 2019, 08.50 PM IST
Uber India drives off with $1.6 billion in bookingsIndia is Uber’s only major market in Asia after it sold its operations in China, Russia and eight other countries across Southeast Asia.
06 Dec, 2018, 08.45 AM IST
Uber India bookings touch $1.6 billion, 11% of global rides: reportIndia is Uber's only major market in Asia after it sold its operations in China, Russia and eight other countries across South East Asia.
05 Dec, 2018, 09.20 PM IST
- Merrill Lynch sees wealth unit helping company
Merrill Lynch & Co, one of the world's leaders in managing money for wealthy investors, would grow its global wealth management unit to hel...
12 May, 2008, 07.57 PM IST
- USIBC appoints Nelson Chai to its Board of Directors
The United States-India Business Council, representing major companies of both countries, has appointed Nelson Chai, Executive Vice Preside...
17 Aug, 2007, 06.30 AM IST