SAN FRANCISCO & BERLIN–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda Taiwan is subject to regulatory approval and other customary closing conditions and is targeted to close… Continue reading Uber: Uber Eats to Acquire Delivery Hero’s foodpanda Delivery Business in Taiwan
Category: Mobility Companies
Uber: Uber Eats to Power Restaurant Delivery on Instacart
SAN FRANCISCO–(BUSINESS WIRE)–Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers. In the coming weeks, Instacart customers nationwide will be able to use the Instacart app to order from hundreds of thousands of restaurants, powered by Uber Eats. The experience will… Continue reading Uber: Uber Eats to Power Restaurant Delivery on Instacart
Uber: Uber Announces Date of First Quarter 2024 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its first quarter 2024 financial results on Wednesday, May 8th 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 First Quarter 2024 Results Conference Call
Discover how AeC overcame one of the biggest corporate mobility challenges with 99Empresas
We had a fascinating meeting with Sérgio Contreiro, a veteran in the Logistics area with 19 years of service at AeC, where he opened up to us his vast experience. In this enlightening chat, Sérgio shares behind the scenes of the fruitful partnership between AeC and 99Empresas, revealing how this collaboration has been fundamental in… Continue reading Discover how AeC overcame one of the biggest corporate mobility challenges with 99Empresas
Uber: Excessive rates and their negative effects: A review of Minnesota’s proposed pay standard
8 min read · Just now by Uber Under the Hood In early March, Minnesota’s Department of Labor and Industry released a report recommending parameters for state-level legislation on rideshare pay. While the recommendations are more reasonable than those of a city-level ordinance adopted in Minneapolis, they are still exaggerated and based on a flawed… Continue reading Uber: Excessive rates and their negative effects: A review of Minnesota’s proposed pay standard
Grab Unveils Women Programme in Singapore to Reduce Barriers for Women Looking for Flexible Income Opportunities
Among the new initiatives, Grab has launched a “Women Passengers Preferred” feature that looks to prioritise matches between women drivers and passengers on the platform in an effort to increase safety for women driver-partners. 6 March 2024, Singapore – In line with the “Inspire Inclusion” theme of International Women’s Day this year, Grab today announced… Continue reading Grab Unveils Women Programme in Singapore to Reduce Barriers for Women Looking for Flexible Income Opportunities
Uber: The Impact of Seattle’s Driver and Courier Pay Regulations
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
Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million
Q4 2023 Revenue grew 30% year-over-year to $653 million Q4 2023 Profit for the period was positive at $11 million Q4 2023 Adjusted EBITDA improved by $146 million year-over-year to $35 million Grab’s Board of Directors has authorized the repurchase of up to $500 million of the Company’s Class A ordinary shares SINGAPORE, February 22,… Continue reading Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million
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