Uber faces deepening turmoil as its president quits
20 March 2017 |
10:14 am
Ride services company is thrust deeper into turmoil with the departure of company president Jeff Jones.
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Uber is already known for its global ride-hailing service, food delivery arm, and electric bike rentals. Now it has inspired a comedy action movie.
31 Jul 2019
Tom White, D.A. Davidson senior research analyst, discusses Uber Technologies Inc.'s plan to cut about 400 employees. He speaks with Bloomberg's Caroline Hyde and Romaine Bostick on "Bloomberg Markets: The Close." White, his family and his firm do not own shares of Uber.
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Dan Ives, managing director of equity research at Wedbush Securities, talks about Uber Technologies Inc. and Lyft Inc. Uber reported second-quarter adjusted sales that fell short of estimates and posted a net loss of $5.24 billion, by far the largest ever for the business. Lyft's second-quarter results blew past market estimates and won accolades from Wall Street.
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Dara Khosrowshahi, Uber Technologies Inc. chief executive officer, discusses the company's profitability and outlook with Bloomberg's Emily Chang on "Bloomberg Markets."
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