Uber CEO believes profitability not critical to launching IPO
Uber Technologies Inc.’s Chief Executive Dara Khosrowshahi on Monday confirm that the ridesharing company’s initial public offering is likely to take place in 2019 as originally planned even if its profitability does not improve by then......»»
Uber rolls out blue checkmark system for rider verification in Chicago, 11 other cities
The pilot program launching Thursday in Chicago an.....»»
Uber maintains it can achieve EBITDA profitability by end of 2021
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber and Lyft will outperform despite US Labor Secretary"s comments that gig workers should be treated as employees, Wedbush says
Wedbush's Dan Ives said that based on industry checks with legal experts he believes federal involvement in gig worker's status is "highly unl.....»»
Uber launching $250M driver stimulus program
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber launching $250M driver stimulus program
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber shares could rise as much as 65% with profitability "around the corner," Jefferies says
Uber looks set to become profitable soon, says Jefferies, which initiated coverage on the company with a buy rating. Uber has posted strong growth in its delivery service. halbergman/Getty Images Ube.....»»
A high-end car service backed by Daimler is launching in 8 US cities as it attempts to compete with Uber and Lyft
Blacklane aims to launch its new "chauffeur-hailing" service in more than 20 cities around the globe by the end of March. Blacklane aims to launch the chauffeur-hai.....»»
With ride-sharing curbed during the pandemic, Uber and Lyft try new routes to profitability
Uber and Lyft have racked up tens of billions of dollars in losses, but cost-cutting and shifting focus from moving people to delivering food has helped them weather the pandemic downturn. Each could finally make a profit .....»»
Uber CFO says "well on track to achieving our profitability goals in 2021"
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
A critical test of NASA"s moon rocket ended abruptly on Saturday, possibly dashing hopes of launching in 2021
The Space Launch System's engines were supposed to fire together for eight minutes, but they abruptly shut down aft.....»»
A critical test of NASA"s moon rocket ended abruptly due to an engine problem, possibly ending hopes of launching in 2021
The Space Launch System's engines were supposed to fire together for e.....»»
Uber deal for GrubHub could accelerate food delivery profitability, says Needham
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber Eats surges in Q1, and here"s Uber"s new profitability prediction
Uber Eats surges in Q1, and here"s Uber"s new profitability prediction.....»»
XLR8HI launches program to make entrepreneurs investment ready
Entrepreneurial hub XLR8HI is launching a free, virtual four-week pilot investment readiness and training program to equip Hawaii entrepreneurs with critical knowledge, tools and guidance to succeed......»»
Stocks to buy in a recession: fund manager
Buy stocks of companies with low debt and consistent profitability, says Washington Crossing Advisors' Kevin Caron who believes the U.S. is already in a sharp recession......»»
Uber still sees EBITDA profitability of Q4 of this year
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bernstein sees Uber exiting more Eats markets in push towards profitability
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber Technologies: Sum-of-Parts Highlights the Significant Undervaluation
Uber Technologies valuation look Uber Technologies Inc (NYSE:UBER)’s 4Q19 results highlight an accelerated path to EBITDA profitability. Eats is al.....»»
Mizuho "incrementally confident" in Uber profitability after management call
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Analyst Sees "Gap In Profitability" Emerging Between Uber, Lyft
It was a bumpy ride for Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) investors in 2019, but the ride-haili.....»»