– Uber Expands AI Data Platform to Power Next-Gen Enterprise and AI Lab Needs SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced a major expansion of its AI data services business, Uber AI Solutions, making its technology platform available to support AI labs and enterprises around the world. The new offerings include customized data… Continue reading Uber: Uber Expands AI Data Platform to Power Next-Gen Enterprise and AI Lab Needs
Category: Mobility Companies
Uber: DICK’S Sporting Goods and Golf Galaxy Join Uber Eats for On-Demand Delivery
SAN FRANCISCO–(BUSINESS WIRE)–Today Uber Technologies, Inc. (NYSE: UBER) and DICK’S Sporting Goods, Inc. (NYSE: DKS) announced a new partnership that brings the retailer’s broad selection of sporting goods, athletic apparel, footwear, team sports gear, golf equipment, fan merchandise and more to the Uber Eats platform. With over 800 DICK’S Sporting Goods and Golf Galaxy locations… Continue reading Uber: DICK’S Sporting Goods and Golf Galaxy Join Uber Eats for On-Demand Delivery
Grab Prices Upsized $1.5 Billion Convertible Notes Offering
NEW YORK, June 10, 2025 — Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), today announced the pricing of an upsized offering of $1.5 billion aggregate principal amount of zero coupon convertible senior notes due 2030 (the “Notes”). The offering was upsized from the previously announced offering of $1.25 billion aggregate principal amount of convertible senior notes due 2030. Grab intends… Continue reading Grab Prices Upsized $1.5 Billion Convertible Notes Offering
Uber: Unpacking California’s Rideshare Insurance Rules: A New Study Reveals a Path to Fairer Fares
3 min read · 2 hours ago Riders and drivers across California often ask about the factors that determine the price of a ride. Today, we want to shed light on a significant element: the unique and costly insurance mandates placed on ridesharing in the Golden State. A new, independent study conducted by Berkeley Research… Continue reading Uber: Unpacking California’s Rideshare Insurance Rules: A New Study Reveals a Path to Fairer Fares
Grab Announces Proposed Offering of Convertible Notes
NEW YORK, June 9, 2025—Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), today announced that it proposes to offer US$1,250,000,000 in aggregate principal amount of convertible senior notes due 2030 (the “Notes”), subject to market and other conditions. The interest rate, initial conversion rate, offering price and other terms of the Notes have not… Continue reading Grab Announces Proposed Offering of Convertible Notes
Uber: Wayve and Uber Partner to Launch L4 Autonomy Trials in the UK
– Wayve and Uber Partner to Launch L4 Autonomy Trials in the UK LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Wayve and Uber Technologies, Inc. (NYSE: UBER) today announced a first-ever plan to develop and launch public-road trials of Level 4 (L4) fully autonomous vehicles in London. This announcement marks the UK as the largest market where Uber… Continue reading Uber: Wayve and Uber Partner to Launch L4 Autonomy Trials in the UK
Uber: Uber Eats and Five Below Partner to Deliver Extreme Value Direct to Doorsteps Nationwide
– Uber Eats and Five Below Partner to Deliver Extreme Value Direct to Doorsteps Nationwide SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Five Below, Inc. (NASDAQ: FIVE), the trend-right, extreme-value retailer for kids, tweens, teens, and families, announced the nationwide launch of Five Below on Uber Eats. Starting today, customers across the country can… Continue reading Uber: Uber Eats and Five Below Partner to Deliver Extreme Value Direct to Doorsteps Nationwide
Uber: Uber Launches Senior Accounts and Simple Mode Nationwide
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced the nationwide U.S. launch of senior accounts, a new feature designed to make the Uber app more accessible and intuitive for older adults. Whether for a doctor’s appointment, visiting family, or daily errands this offering simplifies ride requests while also enabling optional support from loved ones. Senior… Continue reading Uber: Uber Launches Senior Accounts and Simple Mode Nationwide
Grab Launches First Artificial Intelligence Centre of Excellence with Support from Digital Industry Singapore
Singapore, 23 May 2025 – Grab, Southeast Asia’s leading superapp, today announced the launch of its inaugural Artificial Intelligence Centre of Excellence (AI COE) located in Tower B, the newest wing in GrabHQ@one-north. Supported by Digital Industry Singapore (DISG), the AI COE aims to accelerate AI-driven solutions that improve accessibility, boost productivity and growth, and… Continue reading Grab Launches First Artificial Intelligence Centre of Excellence with Support from Digital Industry Singapore
Lyft: Lyft Announces Fourth Quarter and Fiscal Year Results
Fourth quarter revenue of $570 million grew 14% quarter-over-quarterExceeded annualized fixed cost reduction target in Q4Positioned for strong organic growth and margin expansion as the recovery takes hold SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2020. “Despite… Continue reading Lyft: Lyft Announces Fourth Quarter and Fiscal Year Results