Uber Technologies Inc News
Uber returns to profitability on continued demand for rides and delivery
Second-quarter results beat expectations, and the company projected sales growth.
2 min read6 Aug 2024Bengaluru user left stunned! Uber showcased sky-high prices for short city trip
Uber user in Bengaluru shocked by high prices for short trip, opts for bus service. Social media discussion ensues, with suggestions to lower cab fares. Incident underscores need for affordable transportation options in the city.
1 min read2 Mar 2024‘Very little activity on the ground,’ says Bhavish Aggarwal on Uber, replying to Dara Khosrowshahi comments
The CEO of ride-hailing company Ola Bhavish Aggarwal, commented on Uber’s position in the Indian market. Aggarwal asserted Ola’s dominance, claiming they are deep into India and tripling Uber’s ride-sharing revenue in FY23. He criticised Uber for talking it up without significant action
1 min read27 Feb 2024’Indian customer is demanding... historically very difficult to operate here,’ says Uber CEO Dara Khosrowshahi
CEO Dara Khosrowshahi on Uber’s strategy in India emphasised the importance of being lean and focused and highlighted the company’s investments in mobility, technological innovations, and the evolving Indian market landscape.
6 min read26 Feb 2024Rapido launches cab services to race with Uber, Ola
Rapido also aims to expand across India by the middle of 2024, said co-founder Pavan Guntupalli
1 min read6 Dec 2023Uber, Jabil, and Builders FirstSource set to join S&P 500
The new additions will join the index prior to the market opening on December 18, S&P Dow Jones Indices said in a press release late Friday.
2 min read2 Dec 2023Can Uber navigate the bumpy road ahead?
The ride hailing firm once again leads the cab segment in India but regulatory hurdles, new entrants pose challenges
8 min read28 Nov 2023Cancelling rides, surge prices, and more, this 70-year-old Uber driver has strategies to earn ₹23 lakh a year
Bill, a retiree who drives for Uber to get out, maximised his profits by taking steps to eliminate extra spend and avoiding long and unprofitable trips
2 min read7 Nov 2023Uber spam emails: Australia hits company with AUS$412,500 fine for breaking laws
Uber was found to have violated anti-spam laws by blasting 2 million unsolicited emails in January, including 500,000 which were sent to recipients who had opted out of marketing emails
1 min read26 Oct 2023Uber charged a US couple ₹24 lakh for a single ride. Here’s what happened next…
A US couple on vacation in Costa Rica were charged $29,994 for an Uber ride due to a currency conversion mishap. Uber acknowledged the mistake and resolved the issue.
1 min read10 Jul 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared