Uber stock jumps 9% after $53.7 billion bookings beat: is UBER entering its strongest growth phase again?UBER stock surged roughly 9% in premarket trading after the company reported first-quarter 2026 results that beat Wall Street on the metric...
06 May, 2026, 06.04 PM IST
Uber to invest up to $1.25 billion in Rivian as part of robotaxi dealUber is investing heavily in electric vehicle maker Rivian. The deal will see 10,000 self-driving Rivian R2 SUVs deployed as robotaxis star...
19 Mar, 2026, 11.24 PM IST
Uber forecasts strong holiday-quarter bookings on membership boostCEO Dara Khosrowshahi said the Uber One program was encouraging customers to book more food and grocery deliveries, underscoring increased ...
04 Nov, 2025, 05.47 PM IST
Should you follow suit? Here's why billionaire Bill Ackman bought $2.3 billion worth of this stockBillionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman ...
11 Feb, 2025, 07.46 PM IST
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...
01 Aug, 2023, 10.27 PM IST
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 results: Revenue jumps 29% to $8.84 billion on strong ride-sharing marketUber said adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at $761 million, its highest on record a...
02 May, 2023, 05.06 PM IST
Uber confident on profit as ride-sharing makes strong start to 2023The company is benefiting from its dominant position in key global markets as travel rebounds from a pandemic-induced lull.
02 May, 2023, 04.35 PM IST
Uber Technologies likely to sell 7.8% stake in Zomato through block dealThe sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchang...
03 Aug, 2022, 05.12 PM IST
Uber turns cash flow positive for the first timeGrowth at its delivery business was slowing but Uber expected ordering in to become the standard for consumers as it continues to add new p...
02 Aug, 2022, 05.18 PM IST
Uber turns cash flow positive for the first timeUber reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on ...
02 Aug, 2022, 05.07 PM IST
Uber to cut costs, focus on unit economics, CEO Dara Khosrowshahi tells staffUber will cut marketing and incentive spending and treat hiring as a "privilege" to meet the shift in economic attitude, Khosrowshahi said.
09 May, 2022, 02.27 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 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
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 analysts say India food unit sale ends ‘dark chapter’The deal was a “smart, strategic” move and “shows strong execution on the part of Uber management, who has said repeatedly that unless Uber...
22 Jan, 2020, 10.46 AM IST
Goldman Sachs says it sold out of Uber stake after IPO lockup expiredChief Financial Officer Stephen Scherr said on the bank’s earnings call Wednesday that it closed its position in Uber in the fourth quarter...
16 Jan, 2020, 06.56 AM IST