UBER Forex News
Uber Q3 Results Climb, Sees Growth In Q4 Gross Bookings; But Stock Drops
Uber Technologies, Inc. reported Thursday higher profit in its third quarter, benefited by significant unrealized gains and higher revenues. The rideshare and delivery network company also issued fourth -quarter outlook, expecting higher adjusted EBITDA and gross bookings. Meanwhile, Uber shares were losing around 8 percent in the early morning trading on the NYSE.
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54 days ago
Expedia Stock Climbs On Report Of Takeover Interest By Uber
Shares of Expedia Group Inc. gained more than 7 percent in after-hours trading on Wednesday and is currently up above 7 percent in pre-market activity on the Nasdaq after the Financial Times reported that ride-hailing major Uber Technologies Inc. has explored a possible takeover deal for the online travel company. Meanwhile, Uber fell nearly 2.7 percent in the extended trading,...
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69 days ago
Uber In Deal To Offer Turo Vehicles Through Uber Rent
Rideshare and delivery network company Uber Technologies, Inc. has teamed with Turo, Inc., the world's largest peer-to-peer car sharing marketplace, for a multi-year partnership to offer Turo vehicles through Uber Rent platform beginning in early 2025. Millions of Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will be able to rent from Turo vehicles...
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110 days ago
Uber In Deal With GM's Cruise To Offer Robotaxis Next Year
Uber Technologies, Inc. and Cruise LLC, the autonomous vehicle company owned by General Motors Co., are joining to offer Cruise autonomous vehicles through the Uber platform. The companies, which are revolutionizing transportation, agreed on a multiyear strategic partnership that will be launched next year. Under the deal, a number of Chevy Bolt-based autonomous vehicles will be offered for...
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124 days ago
Uber Stock Up As Q2 Beats Market, Sees Higher Q3 Earnings
Shares of Uber Technologies, Inc. were gaining more than 7 percent in the morning trading on the NYSE after the transportation company reported Tuesday higher second-quarter profit and revenues, both above market estimates, benefited by increased gross bookings. The company also issued third-quarter outlook, expecting strong growth in adjusted EBITDA and gross bookings.
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140 days ago
Uber And BYD Ink Multi-Year Partnership To Bring 100K BYD EVs To Uber Platform Worldwide
Uber Technologies, Inc. (UBER) and Chinese EV maker BYD Co. Ltd. (BYDDF.PK) announced Wednesday a multi-year strategic partnership that will bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets.
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146 days ago
Uber, Lyft Settle With Massachusetts AG To Pay $175 Mln, Minimum Pay To Drivers
Rideshare and delivery network companies Uber Technologies, Inc. and Lyft, Inc. have agreed to a minimum pay standard of $32.50 per hour to its drivers, in a lawsuit settlement with Massachusetts Attorney General. The drivers are also entitled to a suite of benefits and protections. The companies also agreed to pay a combined total of $175 million to the state to resolve allegations...
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180 days ago
Uber Partners St. Louis-based Save A Lot For Grocery Delivery Across 32 US States
Uber Technologies, Inc. (UBER) announced Tuesday a new partnership with St. Louis-based discount grocery store chain Save A Lot, one of the country's largest discount grocers with more than 600 independently owned grocery locations, which will be serviceable by Uber across 32 U.S. states.
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189 days ago
Uber Eats Partners Blitz Motors In London For Sustainable Food Delivery
Food delivery platform Uber Eats announced Wednesday a partnership with Blitz Motors, a smart electric moped supplier, to revolutionize last-mile delivery services in London and accelerate its commitment to sustainability and transformation.
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223 days ago
Uber Q1 Net Loss Sharply Widens, Misses Estimates
Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss for the first quarter that sharply widened from last year, hurt by a huge net unrealized loss related to the revaluation of Uber's equity investments. Loss per share for the quarter missed analysts' expectations, while quarterly revenues topped it.
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230 days ago
