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Daimler, BMW to invest 1 billion euros in venture to rival Uber

German carmakers Daimler and BMW unveiled a joint ride-hailing, parking and electric car charging business on Friday to compete with mobility services provided by Uber and other tech firms......»»

Category: topSource: reutersFeb 22nd, 2019

Carnegie Mellon University plans to demolish 2 houses near Craig Street in Oakland to add parking

Two houses just off the Craig Street business district on the agenda of the Pittsburgh Planning Commission for demolition to create more parking in the section of North Oakland near the Carnegie Mellon campus......»»

Category: topSource: bizjournalsMay 8th, 2024

Here are the Arizona startup finalists for the 2024 AZ Inno Fire Awards

We know how much time startup founders spend hunkered down and uber-focused on cash flow, R&D, capital raising and just rolling up their sleeves to get the job done. With that in mind, the Phoenix Business Journal and its affiliate publication AZ I.....»»

Category: topSource: bizjournalsApr 27th, 2024

Goldman poaches Uber engineering exec to lead consumer biz

Goldman Sachs just nabbed Peeyush Nahar, an Uber engineering executive, to head its consumer business. Wall Street's Famous Bull Brendan McDermid/REUTERS Goo.....»»

Category: topSource: businessinsiderMay 18th, 2021

Earnings Results: Uber shows smallest quarterly loss in its history thanks to sale of self-driving unit; delivery continues to dominate

Uber Technologies Inc.'s business continued to recover in the first quarter as COVID-19 restrictions eased, and the sale of its self-driving unit helped produce the smallest quarterly loss in its history as a public company......»»

Category: topSource: marketwatchMay 5th, 2021

Uber And Lyft Now Face Driver Shortages, Biden Unveils More Anti-Business, "Gig Worker" Regulatory Threats

Uber And Lyft Now Face Driver Shortages, Biden Unveils More Anti-Business, 'Gig Worker' Regulatory Threats Update (0915ET): The Biden administration has canceled a signature Trump-era rule that would’ve eased busine.....»»

Category: smallbizSource: nytMay 5th, 2021

Uber hires new head of medical transport business

The appointment comes five months after the head of Uber Health left the company for a startup......»»

Category: topSource: bizjournalsApr 29th, 2021

Uber jumps 4% after reporting record bookings for March driven by delivery business

"As vaccination rates increase in the United States, we are observing that consumer demand for mobility is recovering faster than driver availability," Uber said. Uber CEO Dara Khos.....»»

Category: topSource: businessinsiderApr 12th, 2021

: Uber loses key legal fight, which could hurt its business model in the U.K. and hit gig-economy companies

Uber lost a key court ruling on Friday, which could hurt its business model in one of its biggest international markets......»»

Category: topSource: marketwatchFeb 19th, 2021

British Uber drivers gain benefits as UK top court rules they’re not self-employed

Uber drivers in Britain should be classed as “workers” and not self-employed, the U.K. Supreme Court ruled Friday, in a decision that threatens the company’s business model and holds broader implications for the .....»»

Category: topSource: chicagotribuneFeb 19th, 2021

Former Uber Eats Exec Emil Michael Praises Eats" Growth Story

Uber Technologies Inc's (NYSE: UBER) food delivery business Uber Eats has grown to become roughly "the same size" as the company's core ride-hailing business, former Uber Senior Vice President Emil Michael read more.....»»

Category: blogSource: benzingaFeb 12th, 2021

Uber Delivery Service Key For Growth Analysts Says After Mixed Q4

While mobility continued to decline in the fourth quarter for Uber Technologies Inc (NYSE: UBER), strength was shown in the company’s delivery business. Analysts are out with comments and reactions to the fourth-quarter earn.....»»

Category: smallbizSource: nytFeb 12th, 2021

Uber Delivery Service Key For Growth Analysts Says After Mixed Q4

While mobility continued to decline in the fourth quarter for Uber Technologies Inc (NYSE: UBER), strength was shown in the company’s delivery business. Analysts are out with comments and reactions to the fourth-quarter earnings, as well as t.....»»

Category: blogSource: benzingaFeb 11th, 2021

MarketWatch First Take: With plan to license its tech, is Uber extending an olive branch to rivals, or grasping at straws?

As Uber Technologies Inc.'s core rides business suffered again during the pandemic, company executives made some intriguing statements on Wednesday, including the possibility of licensing its technology to its taxi and transit rivals......»»

Category: topSource: marketwatchFeb 10th, 2021

Pandemic sees Uber "deliver" the goods in one business, but has another stuck in reverse

Uber is doubling down on its delivery business as the ridesharing platform's gross delivery booking revenue surged 130 percent to $10.1 billion in the fourth quarter, while its gross mobility booking revenue declined 47 percent to $6.78 billion. .....»»

Category: topSource: foxnewsFeb 10th, 2021

Lyft beats Q4 2020 earnings expectations, reports $569.9 million in revenue amid pandemic struggles

Lyft's business has been hit harder by the pandemic than rival Uber, which has offset losses with its food-delivery business. Lyft went public in March 2019 at a price of $72 per share. Mario Tama/Getty Images Lyft on Tuesday reported $569.9 mi.....»»

Category: topSource: businessinsiderFeb 9th, 2021

Uber expands into alcohol delivery with acquisition of Drizly for $1.1 billion

The ride-hailing business said it plans to integrate Drizly into its Uber Eats app......»»

Category: topSource: washpostFeb 2nd, 2021

Uber Acquires Alcohol Delivery Business Drizly In $1.1B Deal: What Investors Need To Know

Uber Technologies Inc. (NYSE: UBER) announced Tuesday that it has acquired Drizly in a $1.1-billion dollar deal. read more.....»»

Category: blogSource: benzingaFeb 2nd, 2021

How Uber’s divestitures are changing the shape of its business

As the rideshare and food delivery company dumps its noncore and unprofitable businesses in favor of taking investment stakes in the buyers, its business is increasingly taking this shape......»»

Category: topSource: bizjournalsDec 14th, 2020

Getting ready to reopen? Here"s what the state says about serving alcohol

Cocktails to-go. Virtual wine tasting. Dining out in parking lots. If your business serves alcohol, you know these are strange and unprecedented times......»»

Category: topSource: bizjournalsMay 15th, 2020