Uber tests ‘Virtual Restaurants’ program
13 March 2019 |
9:54 am
Uber Technologies Inc. is already delivering billions of dollars’ worth of food for local restaurants. Soon it could be taking over their kitchens, too. The ride-hailing giant is testing a program where it rents out fully equipped, commercial-grade kitchens to serve businesses selling food on delivery apps like Uber Eats.
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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.
31 Aug 2019
Dara Khosrowshahi, Uber Technologies Inc. chief executive officer, discusses the company's profitability and outlook with Bloomberg's Emily Chang on "Bloomberg Markets."
30 Aug 2019
Dara Khosrowshahi, Uber Technologies Inc. chief executive officer, discusses the indictment of former engineer Anthony Levandowski, Travis Kalanick's position on the company's board and the future of transportation with Bloomberg's Emily Chang on "Bloomberg Markets."
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Uber Technologies Chief Executive Officer Dara Khosrowshahi and Alphabet Inc. Senior Vice President and Chief Financial Officer Ruth Porat discuss the impact of regulation on tech innovation at the Bloomberg Global Business Forum 2019 in New York. Bloomberg's Erik Schatzker moderates.
28 Sep 2019
Dara Khosrowshahi, Uber Technologies Inc. chief executive officer, comments on the landscape for tech regulation during a panel discussion at the Bloomberg Global Business Forum in New York.
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The National Union of e-hailing drivers and partners, an umbrella body for Uber drivers, has kicked against the conditions of agreement between its members and Uber and other forms of maltreatment they have had to endure in Abuja.
29 Nov 2019
London's transport authority has refused to renew an operating licence for the ride-hailing giant Uber because of safety and security concerns.
10 Jan 2020
South Korean auto manufacturer Hyundai unveils a new “flying car” in partnership with Uber during the Consumer Electronics Show in Las Vegas. Stockshots of the vehicle, which resembles a helicopter combined with a giant drone
10 Jan 2020
Multinational taxi service, Uber, presented a full-scale model of a flying car, alongside South Korean manufacturer Hyundai, at the Las Vegas Consumer Electronics Show (CES). It will form part of a fleet of Uber Air Taxis, set to accommodate four passengers each. When operational, the air taxis will be flown by a pilot, but the goal is for the cars to become autonomous over time.
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Uber bookings plummeted by nearly three-quarters in April, May and June due to the pandemic. Meanwhile, the company's food delivery service reported a 103% jump in revenue as more people stayed at home and ordered food.
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The world’s largest ride-hailing service has announced a new rule to ensure that customers wear face masks as the firm tries to win back cautious customers. Uber says its system is able to detect the mask.
29 Sep 2020
Uber has been granted the right to resume operating in London, despite what a judge described as "historical failures". The ride-sharing platform had faced scrutiny over safety protocols and its screening of drivers. Also in the show: the French government unveils its 2021 budget as it tries to lift the economy out of a coronavirus-induced recession, and TikTok gets a reprieve in the US.
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