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
Author: Uber Official News
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!
Uber Announces Pricing of Upsized $1.2 Billion Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $1.2 billion principal amount of 7.500% Senior Notes due 2027 (the “notes”). The principal amount of the offering was increased from the previously announced offering size of $750 million. The notes are being offered only to persons reasonably believed to be qualified institutional… Continue reading Uber Announces Pricing of Upsized $1.2 Billion Senior Notes Offering
What Moves Us: Shedding More Light on New Driver Surge
By Sabrina Ross, Head of Policy, Marketplace We launched What Moves Us last November as a way for anyone with an interest in the technology that powers Uber’s ridesharing marketplace to learn how it all works and the principles that shape its design. At the time, we said What Moves Us was a first step.… Continue reading What Moves Us: Shedding More Light on New Driver Surge
Uber releases comprehensive proposal to update global tax rules
By Francois Chadwick, Vice President, Finance Tax & Accounting The digital economy has driven incredible advances in technology and transportation, creating new opportunities for people and communities around the world. Understandably, governments are trying to adjust public policy to address the dynamic 21st-century economy, including proposed international tax regimes targeted specifically at “digital” companies. Many… Continue reading Uber releases comprehensive proposal to update global tax rules
Now, Next, and Future: Tara Stentz
A profile series that introduces our team and showcases what we’re working on. My name is Tara Stentz, and I am a Software Engineer on the Prediction Team! I graduated in 2018 from Carnegie Mellon University with a degree in Electrical and Computer Engineering and a minor in Computer Science. For the summer of 2017,… Continue reading Now, Next, and Future: Tara Stentz
Uber Reports Second Quarter 2019 Results
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended June 30, 2019. “Our platform strategy continues to deliver strong results, with Trips up 35% and Gross Bookings up 37% in constant currency, compared to the second quarter of last year,” said Dara Khosrowshahi, CEO. “In July, the Uber platform… Continue reading Uber Reports Second Quarter 2019 Results