Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $900 million principal amount of 7.500% Senior Notes due 2025 (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: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering

Uber: Uber Announces Proposed $750 Million Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $750 million principal amount of Senior Notes due 2025 (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 Securities Act… Continue reading Uber: Uber Announces Proposed $750 Million Senior Notes Offering

Uber: Uber Announces Results for First Quarter 2020

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2020. Financial Highlights for First Quarter 2020 Gross Bookings grew to $15.8 billion, up 8% year-over-year, or 10% on a constant currency basis, with Rides declining 3% and Eats growing 54% year-over-year, respectively, on a constant currency basis.… Continue reading Uber: Uber Announces Results for First Quarter 2020

Uber: Uber CFO to Participate at J.P. Morgan Global Technology, Media and Communications Conference

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced today that Nelson Chai, Chief Financial Officer, will participate in a fireside chat at J.P. Morgan’s 48th Annual Virtual Global Technology Media and Communications Conference on Thursday, May 14. Mr. Chai is scheduled to appear at 10:50 am ET (7:50am PT). A live webcast of the event… Continue reading Uber: Uber CFO to Participate at J.P. Morgan Global Technology, Media and Communications Conference

Uber: Uber Announces Date of First Quarter 2020 Results Conference Call, Withdrawal of Guidance, and Preliminary First Quarter Financial Items

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its financial results for the first quarter of 2020 on Thursday, May 7, 2020, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor… Continue reading Uber: Uber Announces Date of First Quarter 2020 Results Conference Call, Withdrawal of Guidance, and Preliminary First Quarter Financial Items

Uber: Uber Announces Analyst Call

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will host a conference call with analysts on Thursday, March 19, 2020 at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) to discuss the state of the business in light of COVID-19, and what the company is doing to respond. A live webcast of the conference call can… Continue reading Uber: Uber Announces Analyst Call

Uber: Uber Eats Announces Efforts to Support U.S. & Canada Restaurant Industry Amid COVID-19 Concerns

SAN FRANCISCO–(BUSINESS WIRE)–Uber Eats today announced efforts to support independent restaurant owners and operators as the hospitality industry faces unprecedented challenges amidst the COVID-19 state of emergency. “We know the coming weeks will be challenging ones for many small business owners, and we want to help restaurants focus on food, not finances.” said Janelle Sallenave,… Continue reading Uber: Uber Eats Announces Efforts to Support U.S. & Canada Restaurant Industry Amid COVID-19 Concerns

Uber: Uber Announces Results for Fourth Quarter and Full Year 2019

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the fourth quarter and full year ended December 31, 2019. Financial Highlights for Fourth Quarter 2019 Gross Bookings grew $4.0 billion year-over-year to $18.1 billion, representing 28% year-over-year growth, or 30% on a constant currency basis, with Rides and Eats growing 20% and… Continue reading Uber: Uber Announces Results for Fourth Quarter and Full Year 2019

Uber: On the road to Washington, D.C.

Data collection beginning in D.C. By: Danielle Burr, Head of Uber Federal Affairs We’re on a mission to deliver safe and reliable self-driving technology to Uber users around the world and create positive impact through self-driving cars that drive more than themselves. Uber Advanced Technologies Group has already started this journey in Dallas, Pittsburgh, San Francisco, and… Continue reading Uber: On the road to Washington, D.C.

Uber: Zomato Acquires Uber’s Food Delivery Business in India

GURGAON, India–(BUSINESS WIRE)–Zomato, one of the largest food apps in India, announced today that it has acquired Uber’s food delivery business in India in an all-stock transaction, which gives Uber 9.99% ownership in Zomato. Deepinder Goyal, CEO of Zomato, commented: “We are proud to have pioneered restaurant discovery and to have created a leading food… Continue reading Uber: Zomato Acquires Uber’s Food Delivery Business in India