SAN FRANCISCO & DUBAI–(BUSINESS WIRE)–Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board made… Continue reading Uber: Uber Completes Acquisition of Careem
Author: Uber Official News
Uber: Travis Kalanick to Depart Uber Board of Directors
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Travis Kalanick will resign from the company’s Board of Directors, effective December 31, 2019, to focus on his new business and philanthropic endeavors. “Very few entrepreneurs have built something as profound as Travis Kalanick did with Uber. I’m enormously grateful for Travis’ vision and tenacity… Continue reading Uber: Travis Kalanick to Depart Uber Board of Directors
Uber: A Note on Transparency: Government Requests for Data
By Uttara Sivaram, Global Privacy and Security Public Policy at Uber Today, Uber is updating our Transparency Report on government requests for user data, which encompasses requests for the full year of 2018. Because we know that transparency is a crucial part of the trust our users place in us, we are continually looking for… Continue reading Uber: A Note on Transparency: Government Requests for Data
Becoming a Mission Specialist: Piloting the Development of Safe Self-Driving Technology
Not only is Mission Specialist training a part of our safety case for testing activities with a Mission Specialist, but the team responsible for developing the curriculum is a part of the 40+ person multi-disciplinary Safety Team at Uber ATG, giving us the opportunity to represent operational needs and perspective to the entire organization. While… Continue reading Becoming a Mission Specialist: Piloting the Development of Safe Self-Driving Technology
Unpacking Pay Standards: a response to the UC Berkeley Labor Center
Cost Estimates As Reich notes in his study of ridesharing in New York City, “a comprehensive accounting of all vehicle-related expenses is essential” to understanding driver earnings. This remains true in California, and is precisely why we also do not rely on the IRS rate, but instead conduct our own study on the cost of… Continue reading Unpacking Pay Standards: a response to the UC Berkeley Labor Center
Now, Next, and Future: Sameer Kshirsagar
A profile series that introduces our team and showcases what we’re working on. My name is Sameer Kshirsagar and I’m the Head of Supply Chain and Business Operations here at Uber Advanced Technologies Group (ATG). I started my career by spending a lot of time in school, earning a B.S. in Mechanical Engineering from Virginia… Continue reading Now, Next, and Future: Sameer Kshirsagar
Uber Announces Results for Third Quarter 2019
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2019. “Our results this quarter decisively demonstrate the growing profitability of our Rides segment,” said Dara Khosrowshahi, CEO. “Rides Adjusted EBITDA is up 52% year-over-year and now more than covers our corporate overhead. Revenue growth and take rates… Continue reading Uber Announces Results for Third Quarter 2019
Introducing Uber ATG’s Self-Driving Safety & Responsibility Board
By: Chan Lieu, Sr. Safety Program Analyst Uber ATG is pleased to announce the creation of our Self-Driving Safety and Responsibility Advisory (SARA) Board. The SARA Board is an independent panel of safety experts charged with reviewing, advising, and suggesting changes to Uber ATG’s self-driving enterprise, including inputs on organizational goals and priorities. We believe… Continue reading Introducing Uber ATG’s Self-Driving Safety & Responsibility Board
Uber to Acquire Majority Ownership in Cornershop
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced an agreement to acquire majority ownership of Cornershop, a leading online grocery provider in Chile, Mexico, and more recently in Peru and Toronto. The investment is expected to close in early 2020, subject to regulatory approval. “Whether it’s getting a ride, ordering food from your favorite… Continue reading Uber to Acquire Majority Ownership in Cornershop
Hello, Texas!
Data collection beginning in downtown Dallas By: Austin Geidt, Head of Uber ATG Strategy We’re on a mission to deliver safe self-driving technology to Uber riders around the world. Uber Advanced Technologies Group has already started this journey in Pittsburgh, San Francisco, and Toronto. Today, we’re adding another city to that list 一 Dallas, TX.… Continue reading Hello, Texas!