Tag - uber

 
 

UBER

Japan Times
BUSINESS / Companies
Jan 13, 2021
SoftBank sells $2 billion in Uber stock as services recover
Uber's food delivery business has surged during the pandemic, making up for losses suffered by its ride-hailing service.
Japan Times
BUSINESS / Companies
Jul 29, 2020
Uber and Lyft drivers win unemployment insurance payments in New York
A federal judge ruled Tuesday that New York Department of Labor was taking too long to make payments, citing a backlog of claims by the ride-share drivers.
Japan Times
BUSINESS / Companies
Jul 3, 2020
Uber finally makes it to Tokyo after six years in Japan
Uber is partnering with three local taxi operators, primarily in the city's central business district and the popular areas of Shinagawa, Akihabara and Asakusa.
Japan Times
BUSINESS / Companies
Jun 11, 2020
Just Eat Takeaway to buy Grubhub for $7.3 billion to enter U.S.
For Uber, losing the deal is a blow to its plan to turn a profit from food delivery as the pandemic decimates its main business of ride hailing.
Japan Times
BUSINESS / Companies
May 19, 2020
Uber’s job cuts and office closures reflect narrowing ambitions
As recently as this year, the company was promising to usher in a self-driving revolution and popularize flying cars.
Japan Times
BUSINESS / Companies
May 8, 2020
Posting first-ever decline in rides, Uber says the worst is over
The San Francisco-based company has deployed a swath of cost-cutting measures that will eliminate more than $1 billion in expenses.
Japan Times
BUSINESS / Companies
Jan 24, 2020
Uber taps surcharge fund to offer London drivers £4,500 discounts on electric Nissan Leafs
A year ago, Uber Technologies Inc. hiked the price of rides in London and placed the surcharges into a fund that would help drivers switch to electric vehicles.
Japan Times
BUSINESS
Dec 25, 2019
Brash Uber co-founder Travis Kalanick leaves board to focus on industrial 'ghost kitchens'
Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating "ghost kitchens" for food delivery services.
Japan Times
BUSINESS
Dec 16, 2019
Masayoshi Son's bankers worried about their favorite client
Masayoshi Son's bankers are taking a hard look at their most important client.
Japan Times
BUSINESS
Nov 26, 2019
'Unfit' Uber loses London license over safety lapses
Uber was stripped of its license to carry paying passengers in London on Monday for the second time in just over two years, pending an appeal, over a "pattern of failures" on safety and security.
Japan Times
BUSINESS
Nov 19, 2019
Juno, once billed as the 'anti-Uber,' shuts down In New York and riders are urged to tap Lyft
Ride-hailing startup Juno once billed itself as the "anti-Uber" — a kinder, gentler way to get a ride. It's now closing down its New York-based operations, and inviting customers to join Lyft Inc.
Japan Times
BUSINESS / Companies
Oct 25, 2019
Uber CEO Khosrowshahi vows to deliver a profit, with help from India
Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is vowing to make his company profitable while pursuing growth from emerging arenas such as India, addressing investors' concerns about the ride-sharing company's mounting losses and global regulatory challenges.
Japan Times
BUSINESS / Companies
Oct 8, 2019
SoftBank's damage from Uber and WeWork could exceed $5 billion
Masayoshi Son's startups have had a rough few months, from a botched initial public offering by WeWork to a sharp decline in shares of Uber Technologies Inc.
Japan Times
BUSINESS
Aug 5, 2019
Shadow banking crisis a key factor in India's auto sector plunge
Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning — not a single customer was in sight.
Japan Times
BUSINESS / Companies
Jul 9, 2019
Spritely seniors in Japan signing up to deliver on foot for Uber Eats
Uber Technologies Inc.'s strategy for Japan, where ride-sharing is banned, is as unique as the country itself — think grandma in running shoes delivering ramen noodles.
Japan Times
BUSINESS / Companies
Jun 21, 2019
Slack valuation hits $21 billion in debut after firm shuns IPO
While a parade of initial public offerings from Silicon Valley have garnered mixed receptions from investors so far this year, Slack Technologies Inc. took a different route Thursday and saw its shares soar as it went public without an IPO.
Japan Times
BUSINESS / Companies
May 13, 2019
Days after announcing tripling of profits, SoftBank market value slides $9 billion as Uber IPO flops
Last Thursday, as his company booked a $3.8 billion gain from its stake in Uber Technologies Inc., Masayoshi Son told SoftBank Group Corp. investors that their time had finally come. Instead, they're still waiting.
Japan Times
BUSINESS
May 13, 2019
All eyes on Uber's second day of trading after debut flop amid Trump trade war and Lyft's drag
Uber's bruised investors have had the weekend to prep for what looks like a rough Monday for markets, partly because the escalation of President Donald Trump's tariff spat with China is set to hammer sentiment.
Japan Times
BUSINESS / Companies
May 11, 2019
Weak Uber market debut augurs poorly for other Silicon Valley unicorns
Uber Technologies Inc.'s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook would weigh on other Silicon Valley unicorns.
BUSINESS / Companies
Apr 19, 2019
SoftBank, Toyota and Denso invest $1 billion to pump up Uber's self-driving unit ahead of IPO
The bet by the three-way Japanese consortium gives Advanced Technologies Group a valuation of $7.25 billion on the eve of its public offering.

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