Uber sells 7.8% stake in India's Zomato for $392 million: Sources
Uber Technologies sold its 7.8% stake in Indian food delivery firm Zomato Ltd for $392 million via a block deal on local exchanges.
Aug 03, 2022, 14:08 PM ISTUber hires Facebook's product director as its driver product head
Uber has been without a head of driver product since Aaron Schildkrout left in December, after a three-year stint with the company.
Jun 14, 2018, 10:29 AM ISTUber ex-CEO Travis Kalanick plans to sell 29% of stake: Source
Kalanick`s sale is part of a deal struck by a consortium led by SoftBank Group Corp which is taking a 17.5 percent stake in Uber.
Jan 05, 2018, 11:04 AM ISTUber officially welcomes Expedia's Dara Khosrowshahi as CEO
Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for 12 years, in a note sent to employees of the world`s biggest ride-services company late on Tuesday.
Aug 30, 2017, 14:41 PM ISTUber picks Expedia's Dara Khosrowshahi as new CEO
Uber Technologies Inc chose Dara Khosrowshahi, the chief executive of travel company Expedia Inc, as its chief executive on Sunday, according to two sources with knowledge of the matter, handing him the challenge of leading the ride-services company out of a nearly year-long crisis.
Aug 28, 2017, 10:30 AM ISTSoftBank CEO says interested in investing in Uber, Lyft
SoftBank Group CEO Masayoshi Son said he was interested in investing in ride-hailing firms Uber Technologies and Lyft but had not made a decision.
Aug 07, 2017, 15:47 PM ISTUber CEO Kalanick resigns under investor pressure
Travis Kalanick, the combative and troubled CEO of ride-hailing giant Uber, has resigned under pressure from investors.
Jun 21, 2017, 11:19 AM ISTUber to allow tipping for drivers, reversing long-standing policy
Uber Technologies Inc will, for the first time, allow drivers to collect tips through the Uber smartphone app, the company said on Tuesday, part of a broader effort to improve its often-contentious relationship with its drivers.
Jun 20, 2017, 23:49 PM ISTUber CEO takes leave of absence amid sweeping changes after scandals
Uber Technologies Inc Chief Executive Officer Travis Kalanick told employees on Tuesday he will take time away from the company he helped to found, one of a series of measures the ride-hailing company is taking to claw its way out from under a mountain of controversies.
Jun 14, 2017, 10:08 AM ISTUber president Jeff Jones quits, deepening turmoil
Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image.
Mar 20, 2017, 08:59 AM ISTMaruti and Tata likely to gain: Uber plans india expansion with 2 lakh cabs
Uber will take this up through its leasing unit Xchange Leasing which will be doing the rounds of purchase for the cars.
Oct 01, 2016, 09:12 AM ISTUber China closes $1 billion fundraising round: Sources
With the close of the $1 billion round, Uber is re-lining its war chest for a drawn out battle with Chinese car-hailing app rival Didi Kuaidi, which last month raised $2 billion.
Aug 27, 2015, 21:43 PM ISTUber to invest $1 billion in India in next 9 months
"Uber has grown exponentially in India, a global priority market for us, which has also quickly become the largest market geographically for Uber outside the U.S.," Amit Jain, President of Uber India said in a statement.
Jul 31, 2015, 08:27 AM ISTUber CFO Brent Callinicos steps down
Uber Technologies Inc`s Chief Financial Officer Brent Callinicos is stepping down, the online taxi service`s CEO said in an email to investors.
Mar 17, 2015, 08:34 AM ISTGet ready for 2-tier authentication while using credit cards
The Reserve Bank of India (RBI) said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases.
Aug 23, 2014, 17:17 PM IST