What Happened? Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session ...

Uber Technologies UBER has been experiencing a great run on the bourses lately. Shares of this U.S. ride-hailing giant hit a 52-week high of $97.12 on July 7 and finally closed at $96.68, surging 60.3 ...

Uber Technologies has spent big to expand its ride-hailing service around the globe as its international business lost $237 million in 2014. Company’s international business lost $237 million in ...

Market Expansion (Horizontal Dynamics) Uber operates in the so-called ... Based on these assumptions and the company's FY2023/FY2024 financial reports as well as other industry sources, ...

Assuming the reports are correct, Uber grew its losses faster than its net revenues between 2014 and the first three quarters of 2015. Revenues were up 134%, to $1.161 billion, while losses grew ...

Uber Technologies has recently recruited a senior financial and public policy lobbyist in Europe to help its efforts in the region, as the ride-sharing app company faces increasing resistance to ...

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.

Uber can hire all the well-meaning executives it wants; ... Uber’s main source of financial expansion has been not as a taxi company but as, effectively, more expensive public transit.

Uber pumped the brakes on its expansion into Oakland, confirming Thursday evening that it is exploring the sale of a building it bought in the city’s Uptown neighborhood to serve as one of its ...

Still, Uber will have its work cut out for it as it seeks to compete with major players in the grocery delivery space, including Amazon and Instacart. Gopuff is an interesting choice for a partner.