Uber unveils £5.6bn share buyback after milestone first ever profit February 14, 2024 Uber has announced an inaugural $7bn (£5.6bn) share buyback programme after the ride-hailer reported its first ever annual operating profit last week.
Uber reports first ever full-year operating profit as chief hails an ‘inflection point’ February 7, 2024 Uber has reported its first full-year operating profit as the ride-hailer continues to emerge from years and billions worth of losses.
Valentine’s Day derailed as strikes disrupt deliveries from Uber Eats, Deliveroo and Just Eat February 13, 2024 Valentine's Day plans are under threat as a barrage of strikes scheduled for Wednesday could disrupt doorstep deliveries.
Super Bowl LVIII ad review: BMW, Uber Eats, Kris Jenner and Lionel Messi February 11, 2024 Super Bowl commercials have, for some time now, been on a trend of featuring more and more celebrities, in ever intriguing and beguiling ways. Indeed, the NFL has had its very own celebrity endorsement this season, with the Grammy award winning singer, Taylor Swift, dating the Kansas City Chiefs’ tight end, Travis Kelce. Her sheer [...]
Uber launches new flight-booking feature as it doubles down on growth May 10, 2023 Uber has launched a new feature that allows customers to book flights using the app, as the company looks to expand modes of travel for users. The ride-hailing giant today rolled out the new booking tool for domestic and international flights in partnership with the online travel agent Hopper. Andrew Brem, General Manager at Uber [...]
Uber announces new offerings from Majorca to Mykonos due to record tourism June 28, 2023 Uber has announced a host of new upgrades in European holiday hotspots from Spain to Greece, ahead of what is expected to be a record period of tourism demand in Southern Europe. Popular destinations from Croatia’s Split to Portugal’s Algarve will benefit from a swathe of new improvements, with Uber-users in the popular Greek island [...]
Deliveroo, Just Eat and Uber Eats urged to reform after reports of children working as riders November 14, 2023 Rules reportedly enable children to work as delivery riders, despite 18 being the minimum age, as “substitute” couriers aren't recognised.
Sadiq Khan to address ‘cost of doing business’ crisis at summit with Uber and Natwest June 20, 2023 Sadiq Khan is set to address the “cost of doing business crisis” at a crunch summit with firms including Uber, Natwest and KPMG. The mayor of London will welcome more than 200 CEOs to his annual City Hall business reception at the Crystal in east London today. He is expected to tell firms the “cost-of-doing-business [...]
Uber boss: ‘London a leader in electrification’ as new net zero measures unfurled June 8, 2023 Uber has today announced a host of new goals and features to hit net zero, including a target for all Uber Eats drivers to use zero emission vehicles by 2040. Under the new features, passengers will be able to track the emissions they have avoided when choosing zero-carbon drives, as the firm looks to expand [...]
Uber posts first annual net profit since IPO debut; equity analysts lift price target February 8, 2024 Uber posted its first annual net profit since going public, indicating improved user retention and successful strategic initiatives, prompting several equity analysts to raise the price target.