Uber demand jumps as delivery grows, ride-hailing recovers
Uber saw record demand in the first quarter as its food delivery business grew and ride-hailing began to see some recovery.
May 6, 2021
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Business
News tagged with ride-hailing
Business
Uber joins UK tech firm to make electric ride-hailing car
Uber has teamed up with UK technology startup Arrival to create an electric car for the app-based US ride-hailing firm that will help to cut emissions, the pair said Tuesday.
May 4, 2021
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Business
Uber posts big loss as pandemic clobbers ridesharing, despite delivery offset
Uber on Wednesday reported another hefty loss in the final three months of 2020, though the company's food delivery operations partly offset the hit taken from the decline in ridesharing during the pandemic.
Feb 11, 2021
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Automotive
GM's Cruise to deploy fully driverless cars in San Francisco
General Motors' self-driving car company is sending vehicles without anybody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the ...
Dec 9, 2020
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Business
Lyft's Zimmer talks future of workplace, electric vehicles
Lyft scored a major victory when California voters passed Proposition 22, allowing app-based companies to treat drivers as contractors instead of employees and saving the company from what many anticipated would be crippling ...
Nov 15, 2020
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Business
Amazon looks to self-driving future by acquiring Zoox
Amazon said Friday that it is buying self-driving technology company Zoox, which is developing an autonomous vehicle for a ride-hailing service that people would request on their phones.
Jun 26, 2020
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Automotive
Americans would rather drive themselves to work than have an autonomous vehicle drive them, study says
Many Americans use a ride-hailing service—like Uber or Lyft—to get to and from work. It provides the privacy of riding in a personal car and the convenience of catching up on emails or social media during traffic jams. ...
Sep 16, 2019
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Business
Ride-hailing firm Grab to invest $500 million in Vietnam
Ride-hailing giant Grab said on Wednesday it will invest $500 million over five years in Vietnam, the company's latest expansion in a key Southeast Asian market.
Aug 28, 2019
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Business
Uber shares jump as it reports higher sales
Uber shares rocketed higher early Tuesday after the ride-hailing and delivery company reported a jump in revenues amid rising demand.
May 2, 2023
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Business
Uber not planning layoffs: CEO
Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector.
Jan 19, 2023
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