Browsing: Travis Kalanick

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

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

Who is Dara Khosrowshahi, Uber’s new CEO?

One of Dara Khosrowshahi’s first tasks at Uber Technologies will be coming up with a new set of core principles. Uber’s board ripped up parts of the original list of 14 corporate values, authored years ago by

The daunting job facing Uber’s new CEO

Uber Technologies’ incoming CEO, Dara Khosrowshahi, inherits an embattled global business with crises sprawling across continents. Since Uber’s founding in 2009, the San Francisco-based company has tested the world’s

Uber hires outspoken Trump critic as new CEO

Uber Technologies will appoint Expedia’s Dara Khosrowshahi to run the global ride-hailing leviathan, two people familiar with the matter have said. He’ll succeed co-founder Travis Kalanick, who led the firm to US$20bn in annual bookings

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