In-depth
Is the loss-making Uber a viable business?
After a decade of operation and perhaps a year or so away from its initial public offering, an essential unanswered question remains: is Uber viable?
Browsing: Dara Khosrowshahi
World
Uber to rent electric scooters through its app
Electric scooter rental company Lime is teaming up with Uber to bring an unconventional mode of transportation to the world. Uber Technologies is investing in Lime as part of a $335-million financing
World
Warren Buffett offered Uber $3bn
Warren Buffett proposed investing $3bn in Uber Technologies earlier this year but the talks fell apart following disagreements over the terms and size of the deal, people familiar with the matter said. The now-dead
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Uber has burnt through $10.7bn of investors’ cash
What makes Uber Technologies the most valuable venture-backed technology company in the world? Investors say size and growth. The business is transforming global transportation networks. On closer inspection of its
World
SpaceX, Uber CEOs square off over flying cars
Late last week, two Silicon Valley powers got into an online scrum over a technology that is neither developing nor likely to take off anytime soon. On his grand tour of Asia, Uber CEO Dara Khosrowshahi won
World
Uber CEO warns of Amazon-style losses
Speaking at a conference in San Francisco, Uber Technologies CEO Dara Khosrowshahi has rattled through the company’s ambitions: food delivery, freight, autonomous vehicles and even buses and bikes. Ultimately, Uber’s
World
Uber reports $4.5bn loss
Uber Technologies had a painful 2017, but the business managed to grow. Adjusted net revenue last quarter increased 61% to $2.2bn from the same period in 2016. Meanwhile, the total value of fares grew to $11bn that quarter
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Uber will turn a profit in three years, CEO says
Uber Technologies, whose losses have piled up in the quest for growth around the world, will be profitable within three years, said CEO Dara Khosrowshahi. Bending the company’s financial trajectory out of the red
World
Uber concealed hack that exposed 57m users’ details
Hackers stole the personal data of 57m customers and drivers from Uber Technologies, a massive breach that the company concealed for more than a year. This…
In-depth
Why Uber must stop acting like a conqueror
With the British prime minister calling London’s refusal to extend Uber’s license “disproportionate”, and Uber’s chief executive heading to London to talk to regulators, a compromise is in the offing. But it shouldn’t give Uber a false