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Brasada Capital Management, an investment management company, released its Q2 2025 investor letter. A copy of the letter can be downloaded here. This year’s financial markets have been highly volatile ...
Uber's decision to use AI to determine prices and driver pay could be the key to the ride-hailing company's financial turnaround, a new study found.
Overall, Uber lost $1.1 billion last quarter, 24 percent more than in the same quarter a year earlier. Lyft’s quarterly revenue, meanwhile, hit $1 billion, and the company is moving more riders ...
The Most Fragile Tech Giant?" Uber revolutionized the way we think about transportation and food delivery, but beneath the convenience lies a company with a history of financial struggles and ...
Uber’s early growth strategy was straightforward ... Taking a page from Grab and Careem, Uber made a more formal push into financial services by setting up a division called Uber Money, ...
A new study found Uber riders may face longer wait times thanks to forward-dispatch trips, and they aren't much more ...
Uber is getting a new chief financial officer. The rideshare company announced Wednesday that Prashanth Mahendra-Rajah, the CFO of semiconductor company Analog Devices, will step into the role at ...
Uber has also expanded aggressively into more than 70 countries. It has clashed with foreign transit services and made mistakes, but its greater scale has cushioned the financial blow of the pandemic.
A major element of the strategy is Uber’s membership scheme, Uber One, which spans both delivery and mobility. Its 19 million members — who pay around US$10 to get perks including free delivery and ...
Uber has been widely criticized for its decision to hide a 2016 data breach and pay hackers for their silence, but it may not be the only company in town to do so. Uber's Data Breach Cover-Up ...