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The Latest Breaking News from Uber

Londoners face another price hike as Uber fares to ‘rise by 20%’

TfL is working with the operator to introduce the fare within weeks

Evening Standard

Why Wedbush Is Cutting The Price Target On Uber Technologies

Although Uber Technologies Inc’s (NYSE: UBER) Investor Day highlighted growth drivers, the company’s 2024 adjusted EBITDA target came in short of consensus, according to Wedbush.

Benzinga

Uber Eats launches new services, changes price structure for deliveries

TORONTO — Uber Technologies Inc. says it's launching three new offerings for its Uber Eats services that charge restaurants lower commissions than the company has previously.

The Canadian Press

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LZ Granderson: Rams coach Sean McVay won a Super Bowl. His next test is winning over more LA fans

LOS ANGELES — I hopped out of my Uber and decided to just walk. The Super Bowl was nearly four hours away, but the traffic near SoFi Stadium was already impossible. The only thing more difficult than reaching 25 mph was finding a house in the neighborhood I was in…

Los Angeles Times

ADQ, Saudi Technology Ventures Invest in Mideast Uber-like Service for Trucks

Saudi Arabia-based TruKKer, which offers Uber-like services for trucks in the Middle East and elsewhere, said on Monday it has raised just under $100 million through Series B equity and a debt funding round. The investments were led by Abu Dhabi state holding company ADQ and Riyadh-based Saudi Technology Ventures,…

Asharq Al-Awsat

Uber Has Good News for Customers

Uber's top executive says 'we are going to look at cryptocurrency and or bitcoin,' as means of payments but nixes an investment.

The Street

Uber May Accept Bitcoin, Crypto Very Soon

Uber's top executive says 'we are going to look at cryptocurrency and or bitcoin,' as means of payments but nixes an investment.

The Street

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Can I Pay for My Uber Ride and My Uber Eats Order with Bitcoin ?

Uber's top executive says 'we are going to look at cryptocurrency and or bitcoin,' as means of payments but nixes an investment.

The Street

Uber To 'Absolutely' Accept Cryptocurrency In The Future, CEO Says

Uber Technologies Inc. (NYSE: UBER) will eventually accept cryptocurrencies as a means of payment, according to the firm's CEO Dara Khosrowshahi.

Benzinga

The Shonda Rhimes Cinematic Universe: How you know the cast of ‘Inventing Anna’

Uber TV producer Shonda Rhimes seems to have a Rolodex of favorite actors she keeps reusing, from “Off the Map” to “For the People,” “Grey’s Anatomy” to “Scandal.”

Tribune News Service

You Will Be Able to Pay Your Uber Ride with Bitcoin Soon, CEO Says

Uber's top executive says 'we are going to look at cryptocurrency and or bitcoin,' as means of payments but nixes an investment.

The Street

To surge and flex: finally, a proper look at Uber and the gig economy

Quelle surprise: things could be better for the people who drive you home after a big night on the town.

Crikey

5 Uber Analysts Hail Q4 Revenue Beat, Omicron Rebound

Uber Technologies Inc (NYES: UBER) reported a fourth-quarter sales beat Wednesday and said business is bouncing back from the omicron outbreak.

Benzinga

Uber Shares Turn Lower Following Investor Day Presentation: Why This Investor Liked What He Heard

Uber Technologies Inc (NYSE: UBER) shares surged higher Thursday morning after the company announced strong quarterly results, but the stock was halted and turned negative following announcements at Uber's investor day presentation.

Benzinga

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The Street

Uber Stock Slides After NYSE Halt: Sees $5 Billion In Profits By 2024

Uber told its Investor Day conference that gross bookings should rise to around $170 billion by 2024, lifting operating profits to as high as $5 billion.

Investors Business Daily

Dow Jones Slashes Losses As Yields Spike On Hot Inflation Data; Disney, Twitter, Uber Report Earnings

The Dow Jones Industrial Average sold off after hot inflation data Thursday. Disney, Twitter and Uber all reported earnings Thursday.

Wales Online

City worker who swapped skyscrapers for a food stall is supported by Uber Eats Black Business Fund

The Black Business Fund sees £50,000 distributed to ten small Black-owned businesses across the country impacted by the pandemic

Benzinga

Dan Ives Says Uber's Q4 Results Were Better Than Feared

Uber Technologies, Inc (NYSE: UBER) reported net income of $892 million for the fourth quarter, while sales exceeded views. The company expects first-quarter adjusted EBITDA to be between $100 million and $130 million.

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news in one place.

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The Street

Disney, Uber, Mattel, Inflation And Stock Markets - Five Things You Must Know

Stock futures flat with inflation, jobless claims in focus; White House braced for further inflation surge; Disney shares rocket after crushing Street streaming ads forecasts; Uber shares surge after Q4 profit, ride sharing rebound and Mattel shares soar as barbie drive q4 earnings beat

The Guardian - US

Uber’s earnings bouncing back as food delivery service finally shows a profit

The company beat estimates to report a revenue of $5.8bn for the fourth quarter as Uber Eats posted an adjusted profit of $25m

AFP

Uber reports $892 mn Q4 profit, topping expectations

New York (AFP) - Uber announced $892 million in quarterly profits Wednesday on surging revenues as the ride-hailing firm pointed to a strong demand recovery following the latest Covid-19 wave.

Benzinga

Uber Is Heating Up Ahead Of Earnings: Are Shares Due For A Reversal?

Uber Technologies Inc. (NYSE: UBER) shares are trading higher Wednesday in anticipation of the company’s fourth-quarter earnings results scheduled to report after the market close.

The Street

Trading Lyft After Earnings, Uber Before Earnings

Lyft is rallying on earnings. Uber reports tomorrow. Here's how both charts look now.

Evening Standard

Peckham’s The Flygerians handed £5000 by Uber Eats as Black-owned restaurants get support

Uber Eats set up the £50,000 Black Business Fund in December to help businesses owned by ethnic minorities survive the pandemic

The Street

Uber and Lyft Are Taking Off. Can We Talk About an Uber-Lyft Merger?

Shares of Uber and Lyft rise on solid earnings. But they remain locked in a Game-of-Thrones-style battle. Might a merger fix their challenges?

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