Uber
Uber’s trucking unit to buy logistics planner Transplace for $2.25 billion
Uber Technologies Inc’s trucking business is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital, in a deal that i...
Online payments firm Stripe takes first step toward blockbuster listing
Digital payments processor Stripe Inc, the most valuable US platform start-up, has taken its first major step toward a stock market debut by hiring a law firm to help with preparat...
How do ride-hailing giants Didi and Uber compare?
Chinese ride-hailing giant Didi Global is set to make its trading debut on the New York Stock Exchange after an IPO that sources said raised $4.4 billion, valuing it at $67.5 billi...
China’s Didi worth $68 billion after U.S. debut
Didi Global Inc shares ended their first day of US trading slightly over their initial public offering (IPO) price, valuing the ride-hailing giant at $68.49 billion in the biggest ...
Uber to let office staff work up to half their time from anywhere
Uber will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, the transport app company plans to announce on Tuesday, acc...
Marqeta prices IPO above range, valuing it at $15 billion
US payments start-up Marqeta, which counts the likes of Uber Technologies and Stripe among existing backers, has priced its IPO well above the target range to raise $1.2 billion, a...
Uber and Lyft want more public subsidies to meet California EV mandates
California clean-air regulators want nearly all trips on Uber and Lyft ride-hailing platforms to be in electric vehicles, mandating costly measures that the companies call unrealis...
Gig-economy riders in Spain must become staff within 90 days under new rule
Food delivery companies based in Spain have three months to employ their couriers as staff under new rules approved on Tuesday by the government, one of the first laws in Europe re...
Uber narrows loss on food-delivery growth, cost cuts, but ride-hail demand flat
Uber Technologies has said its food-delivery business continued to grow despite signs of US recovery from the COVID-19 pandemic, but ride-hail bookings were flat from the previous ...
Uber, Lyft have a California playbook to fight proposed US rules on workers
Uber, Lyft and other gig-economy companies face a new challenge from the Biden administration to their use of contract workers, but as they gear up for a fight in Washington they c...
Uber app to enable US users to book vaccines and rental cars
Uber Technologies has said it is launching new features in its app to allow US customers to book COVID-19 vaccine appointments and reserve rental cars.
SoftBank Vision Fund seen posting record earnings on Coupang
SoftBank’s $100 billion Vision Fund is widely seen reporting record earnings on the 12th of May after portfolio companies listed during the quarter, mostly driven by gain on ...
Uber and Lyft tout US ride-hail driver pay, incentives amid growing demand
Uber and Lyft said US drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver supply, prompting the companies ...
Uber’s UK driver benefits highlight broader gig-worker challenges
Uber’s proposal to expand benefits to UK drivers following a court defeat last month has not put an end to the fight for better gig-worker pay in Britain and around the world...