Tag: Dara Khosrowshahi
Hertz Partners With Uber to Add Up to 50,000 Teslas to Uber’s U.S. Network...
Hertz and Uber (NYSE: UBER) have announced a partnership to accelerate the adoption of electric vehicles (EVs) in the U.S. through a new exclusive collaboration...
Uber to Acquire U.S. E-Commerce Alcohol Marketplace Drizly for $1.1 Billion
Uber Technologies, Inc. (NYSE: UBER) is to buy Drizly, North America's largest e-commerce alcohol marketplace, for approximately $1.1 billion in stock and cash. After...
Toyota-Backed Joby Aviation Acquires Uber Elevate
Joby Aviation, a California-based transportation company developing an all-electric, vertical take-off and landing passenger (eVTOL) aircraft, has announced it's acquiring Uber Elevate from Uber...
Uber Sells Self-Driving Unit, Advanced Technologies Group, to Aurora
Amazon-backed Aurora, the self-driving car company, has announced that it is acquiring Uber Technologies Inc.’s self-driving unit, Advanced Technologies Group (ATG). Aurora says ATG...
Uber to Lay off 3,000 More Employees; Closing 45 Offices
The ride-hailing giant Uber is making a second round of job cuts. An extra 3,000 jobs are to go; that's in addition to the...
Uber to Cut 3,700 Full-Time Jobs; CEO to Waive Salary in 2020
The ride-sharing giant Uber has announced that it will cut its full-time workforce by 3,700 due the economic challenges resulting from the Covid-19 pandemic...
Coronavirus Latest – Groupe PSA to Help Produce Respirators; Uber Offers Free Trips to...
In France, Groupe PSA has joined forces with Valeo, Schneider Electric and Air Liquide with the aim of producing 10,000 Medical Systems respirators in...
Uber Founder Travis Kalanick to Leave Board of Directors by Year End
Uber has announced that its founder, Travis Kalanick, is standing down from the company's Board of Directors from December 31st, 2019. He will leave...
Uber IPO Latest – $91.5 Billion Valuation
The upcoming flotation of Uber's stock is set to value the ride-hailing giant at $91.5 billion. In a regulatory filing, Uber set the price...
Update: A ‘Milestone’ for the Middle East as Uber Buys Careem for $3.1 Billion
Uber has announced a $3.1 billion deal to buy the Dubai-based ride-hailing rival Careem Networks. The deal is Uber's biggest-ever acquisition. The move comes...
