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Uber CEO Pick Embraces Job as ‘Opportunity of a Lifetime’

EghtesadOnline: Dara Khosrowshahi acknowledged some of the myriad challenges he’ll face as chief executive officer of Uber Technologies Inc. but described the job as an “opportunity of a lifetime.”
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Publish Date: 30/August/2017 | 05:03

Uber Accused of `Rape Denialism' by Victim of India Assault

EghtesadOnline: A peculiar theory at Uber Technologies Inc. that an Indian competitor may have framed the company for a headline-grabbing rape in India in 2014 already has contributed to the ouster of at least two executives at the ride-hailing giant.
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Publish Date: 15/June/2017 | 21:55

Grab Buys Indonesia Shopping Platform to Expand Battle With Uber

EghtesadOnline: Grab, Uber Technologies Inc.’s biggest rival in Southeast Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest $700 million in its largest market.
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Publish Date: 03/April/2017 | 13:03

Grab Buys Indonesia Shopping Platform to Expand Battle With Uber

EghtesadOnline: Grab, Uber Technologies Inc.’s biggest rival in Southeast Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest $700 million in its largest market.
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Publish Date: 03/April/2017 | 13:03

Uber’s Diversity Report Leaves Out the Most Important Thing

EghtesadOnline: After weeks of scandal, Uber released its first report Tuesday detailing the gender breakdown and racial makeup of its employees. Though welcomed by diversity advocates, the revelations weren’t that surprising: Within engineering, only 15 percent are women and 6 percent are black, Latino or multiracial, which makes Uber not that different from other tech companies, where those groups make up a tiny fraction of the technical workforce.
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Publish Date: 29/March/2017 | 14:04

Uber’s Diversity Report Leaves Out the Most Important Thing

EghtesadOnline: After weeks of scandal, Uber released its first report Tuesday detailing the gender breakdown and racial makeup of its employees. Though welcomed by diversity advocates, the revelations weren’t that surprising: Within engineering, only 15 percent are women and 6 percent are black, Latino or multiracial, which makes Uber not that different from other tech companies, where those groups make up a tiny fraction of the technical workforce.
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Publish Date: 29/March/2017 | 14:04

Uber diversity report shows shortage of women, minorities

EghtesadOnline: Uber Technologies Inc released its first diversity report on Tuesday, showing that women and non-white employees are underrepresented at the ride-services company - just as they are at many other technology firms.
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Publish Date: 29/March/2017 | 08:51

Uber diversity report shows shortage of women, minorities

EghtesadOnline: Uber Technologies Inc released its first diversity report on Tuesday, showing that women and non-white employees are underrepresented at the ride-services company - just as they are at many other technology firms.
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Publish Date: 29/March/2017 | 08:51

Uber Self-Driving Vehicle Involved in Arizona Crash

EghtesadOnline: A self-driving car operated by Uber Technologies Inc. was involved in a crash in Tempe, Arizona, the latest setback for a company reeling from multiple crises.
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Publish Date: 25/March/2017 | 06:41

Uber Self-Driving Vehicle Involved in Arizona Crash

EghtesadOnline: A self-driving car operated by Uber Technologies Inc. was involved in a crash in Tempe, Arizona, the latest setback for a company reeling from multiple crises.
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Publish Date: 25/March/2017 | 06:41

Uber Rival Grab Raising $1.5 Billion in New Funding Round

EghtesadOnline: Grab, Uber Technologies Inc.’s largest rival in Southeast Asia, plans to raise more than $1.5 billion in a new funding round backed by SoftBank Group Corp., people familiar with the matter said.
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Publish Date: 25/March/2017 | 05:49

Uber Rival Grab Raising $1.5 Billion in New Funding Round

EghtesadOnline: Grab, Uber Technologies Inc.’s largest rival in Southeast Asia, plans to raise more than $1.5 billion in a new funding round backed by SoftBank Group Corp., people familiar with the matter said.
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Publish Date: 25/March/2017 | 05:49
Ride-hailing company's annual loss may hit $3 billion by year's end

Uber's Loss Exceeds $800 Million in Third Quarter on $1.7 Billion in Net Revenue

EghtesadOnline: Even as Uber Technologies Inc. exited China, the company's financial loss has remained eye-popping. In the first nine months of this year, the ride-hailing company lost significantly more than $2.2 billion, according to a person familiar with the matter. In the third quarter, Uber lost more than $800 million, not including its Chinese operation.
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Publish Date: 20/December/2016 | 15:32
Elaine Chao, a former U.S. Labor Secretary, has supported workplace practices in sharing economy

Uber and Lyft Hail Trump’s Transportation Pick

EghtesadOnline: Uber Technologies Inc. and Lyft Inc. reacted favorably to President-elect Donald Trump's decision to nominate Elaine Chao for U.S. Transportation Secretary, viewing her as an experienced regulator who has publicly supported their labor model.
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Publish Date: 30/November/2016 | 21:42

Uber Might Have the Last Laugh Over China

EghtesadOnline: Chinese ride sharing company Didi Chuxing was on a roll just a couple of months ago after driving Uber Technologies Inc. out of the country to cement itself at the top of the market. That was before local governments stepped in with new rules that could derail its victory.
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Publish Date: 16/November/2016 | 24:07