Uber is testing a driver earnings algorithm in 24 US cities that incentivizes accepting short rides by showing drivers the pay and destination before a trip
Uber Technologies Inc (UBER.N) is testing a new driver earnings algorithm in 24 U.S. cities that allows drivers to see pay …
Uber Freight raises $500M from private equity firm Greenbriar Equity Group at a post-money valuation of $3.3B
(Reuters) - Uber Technologies Inc UBER.N said on Friday New York-based private equity firm Greenbriar Equity Group would invest $500 million in its logistics arm, Uber Freight …
Sources: Uber to sell ~$10B worth of stock at $90B-$100B valuation in IPO, will make S-1 public Thursday, begin roadshow late April, and start trading early May
(Reuters) - Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering …
Uber says it will spend $150M over five years to boost its Toronto-based engineering hub and expand self-driving car operations
Uber Technologies Inc is spending millions of dollars in Toronto to open an engineering hub and expand its self-driving car operations, the strongest indication yet …
Uber has provided 1B rides in the last four years in Brazil, its second largest market after US, and is profitable there according to the company execs
SAO PAULO (Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) …
Report: Uber has been urged by investors to sell off its self-driving car unit, which has lost $125M-$200M per quarter over the last 18 months
(Reuters) - Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses …
Uber CEO says firm loses $1B+ a year in China due to price war with unprofitable competitor
Uber losing $1 billion a year to compete in China — Uber Technologies Inc is burning through more than a billion dollars a year in China as it wages a fierce price war against local rival Didi Kuaid...
China car hailing app Didi Kuaidi raises $2 billion as Uber rivalry intensifies
China's dominant mobile car-ride hailing company Didi Kuaidi said it raised $2 billion in a fundraising round as competition with U.S. rival Uber Technologies Inc heats up on its home turf.
Sources: Uber increased amount sought for line of credit to $2B from $1B, after more banks wanted in, and is finalizing the deal
Uber Finalizing $2 Billion Line of Credit — Uber originally only sought a $1 billion facility, but more banks wanted in — Uber Technologies Inc …