Sensor Tower: in July, Rapido had nearly 50M MAUs on Android in India, above Uber's 30M; Rapido has a nearly 30% share in four-wheeler cabs and Uber has ~50%
much of it from Ola, but Uber is starting to feel the heat. [image] Pranav Mukul / @pranavmukul : 🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “tougher competition i...
Filing: Uber CEO Dara Khosrowshahi receives options to buy stock worth ~$136M after hitting a performance target to reach a $120B valuation for the company
Camilla Hodgson / Financial Times :
How Uber revamped its app, attracting more drivers and extending its lead on Lyft; YipitData: Uber's US market share grew from 62% in early 2020 to 74% now
Dara Khosrowshahi and other executives realized drivers' complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft.
Uber CEO Dara Khosrowshahi says its global rides business is down 70% YoY, a slight improvement from its lowest point during the pandemic
Lizette Chapman / Bloomberg :
Luminous Computing, which aims to build a photonic chip, raises $9M seed round led by Bill Gates, with Dara Khosrowshahi, Travis Kalanick, others participating
Kirsten Korosec / TechCrunch :
Uber debuts Uber Copter, a helicopter service starting July 9 in New York, to ferry customers between Lower Manhattan and JFK for $200-$225 per person
Carrying passengers … Marina Pitofsky / The Hill : Uber lifts off with new helicopter option John Surico / CityLab : Uber Copter Will Only Make New York Transit Worse Sean Captain / Fast Company : Ube...
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%
and Wall Street is thrilled Tweets: @cnbc : “We're probably a couple years away from really being in the clear here.” Here's what 3 experts had to say about Uber's first-ever quarterly earnings report...
Uber's CEO, in email to staff Monday, acknowledged the rocky trading debut, noting Facebook and Amazon's initial post-IPO difficulties; stock ends day down 10%+
Uber CEO Dara Khosrowshahi, in an email to staff Monday, acknowledged Uber's rocky trading debut, while at the same time saying …
Uber exec Jason Droege and CEO Dara Khosrowshahi talk about Uber Eats, which research shows has grown from 3% of US food delivery market in 2016 to 24% in 2018
Biz Carson / Forbes : Thanks: @lauramandaro
A look at how Uber's Saudi Arabian operation, which sees 1.33M riders quarterly, has prepared product changes for the country's legalization of female drivers
the Middle East's answer to Uber — has received over 2,000 applications since announcing it will recruit female drivers in Saudi Arabia http://money.cnn.com/... http://twitter.com/... @cnnmoney : Care...