Domino’s Pizza launches Uber Eats trial in sales push January 9, 2024 Customers can now order Domino’s Pizza on Uber Eats, as part of a new trail between the fast food chain and the delivery service.
Uber reports better-than-expected results as food delivery drives growth August 6, 2024 Uber reported stronger-than-expected second quarter results on expansion in its core business and increased orders for food and trips via membership subscribers. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) at the NYSE-listed company grew by 71 per cent year-on-year to $1.6bn (£1.3bn) in the quarter ended June 30. Monthly active consumers of Uber [...]
Uber makes operating profit for the first time in its history August 1, 2023 Uber reported an operating profit for the first time in its history in its second quarter results today.
Uber reveals UK profit for the first time: £32 million July 16, 2023 Uber booked £3.4 billion in revenue from the UK segment of its business last year, it has been revealed.
Uber confident on profit as US demand rebounds in 2023 May 2, 2023 Uber forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food delivery helped the US ride-sharing giant report better-than-expected results for the January-March period. Shares of the company rose 7 per cent and helped drive small gains in those of rival Lyft, which reports earnings on Thursday. Uber is benefiting from its [...]
Uber: EU rules will see us pull out of “hundreds” of European cities September 20, 2023 An Uber boss has issued a stark warning that Brussels' proposal to classify gig workers as de facto employees could slam the breaks on operations across the bloc.
Uber’s former security boss found guilty of criminal obstruction over data hack October 6, 2022 Uber’s former head of security has been found guilty of criminal obstruction for failing to tell US authorities about a 2016 database hack. The breach impacted 57 million Uber records and 600,000 driving-licence numbers, and led to former top dog Joe Sullivan to be fired in 2017. The San Francisco jury convicted Sullivan this week of [...]
Uber, Bolt, Blacklane: Ride hailers cash in on post-pandemic air travel boom November 20, 2023 Ride hailers, including Uber and Bolt, are cashing in on booming demand for travel as corporates and holidaymakers flock abroad.
Have our global banking and financial systems hit their Uber moment? July 4, 2023 Antony Abell looks at the banking industry and asks if there's a better, more sustainable future that enables broad wealth.
Nigerian fintech Moove brings 10,000 EVs to Uber’s UK fleet September 1, 2022 Nigerian mobility fintech Moove will bring 10,000 electric vehicles (EVs) to Uber’s fleet as part of its EU expansion. Moove will enable Uber London, which is already the greenest city on the platform with 6,000 EVs – to become all-electric by 2025. Founded in 2020 to expand access to vehicle ownership in Nigeria, the fintech [...]