Published in · 7 min read · Just now In 2020 the city of Seattle passed the Fare Share ordinance which set minimum compensation for rideshare drivers; in 2022, they followed this with PayUp, similar legislation aimed at delivery couriers. While these earning standards were written with the intention of improving the welfare of earners,… Continue reading Uber: The Impact of Seattle’s Driver and Courier Pay Regulations
Author: Uber Official News
Uber: Uber Announces Inaugural $7 Billion Share Repurchase Authorization
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that its Board of Directors has authorized the repurchase of up to $7 billion of the company’s common stock. “Today’s authorization of our first-ever share repurchase program is a vote of confidence in the company’s strong financial momentum. We will be thoughtful as it relates to… Continue reading Uber: Uber Announces Inaugural $7 Billion Share Repurchase Authorization
Uber: App-based earnings help Americans keep pace with rising cost of living, amid economy concerns
Published in · 5 min read · Just now National trends show that Americans are worried about higher prices and their financial wellbeing, and that more people are taking on part-time work in order to earn extra money. Many are choosing work that allows them to have more flexibility around their own schedule. To better… Continue reading Uber: App-based earnings help Americans keep pace with rising cost of living, amid economy concerns
Uber: Uber Announces Date of Fourth Quarter 2023 Results Conference Call and Virtual Investor Update
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its fourth quarter 2023 financial results on Wednesday, February 7th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com.… Continue reading Uber: Uber Announces Date of Fourth Quarter 2023 Results Conference Call and Virtual Investor Update
Uber: Understanding Uber’s Share of Driver Earnings
Understanding Uber’s Share of Driver Earnings Uber achieved several important financial milestones in 2023, generating our first operating profit and billions in free cash flow so far this year. Over nearly a decade of losses, many observers suggested Uber would never be profitable. Now that we are, those same skeptics assert that Uber’s financial improvement… Continue reading Uber: Understanding Uber’s Share of Driver Earnings
Uber: Uber Announces Pricing of Upsized $1.5 Billion Convertible Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of an upsized offering of $1.5 billion aggregate principal amount of 0.875% Convertible Senior Notes due 2028 (the “notes”). Uber also granted the initial purchasers of the notes an option to purchase up to an additional $225.0 million aggregate principal amount of the notes.… Continue reading Uber: Uber Announces Pricing of Upsized $1.5 Billion Convertible Senior Notes Offering
Uber: Uber Announces Proposed $1.2 Billion Convertible Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $1.2 billion aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the… Continue reading Uber: Uber Announces Proposed $1.2 Billion Convertible Senior Notes Offering
Uber: Uber Announces Date of Third Quarter 2023 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2023 financial results on Tuesday, November 7th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com.… Continue reading Uber: Uber Announces Date of Third Quarter 2023 Results Conference Call
Uber: Uber Announces New Chief Financial Officer
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Prashanth Mahendra-Rajah will join the company as Chief Financial Officer on November 13, 2023. Mr. Mahendra-Rajah is currently Chief Financial Officer of Analog Devices (ADI). At ADI, he set financial strategy and oversaw the company’s global finance organization, with responsibility for financial management, planning, controls,… Continue reading Uber: Uber Announces New Chief Financial Officer
Uber: Uber Announces Date of Second Quarter 2023 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2023 financial results on Tuesday, August 1st at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com.… Continue reading Uber: Uber Announces Date of Second Quarter 2023 Results Conference Call