Sunday, Jul 14, 2024 | Last Update : 07:45 AM IST

dara khosrowshahi

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion loss in the period

08 May 2020 11:25 AM

Global business leaders suspend ties with Saudi Arabia

British billionaire Richard Branson on Friday suspended business links with Saudi Arabia.

12 Oct 2018 4:42 PM

Toyota to invest USD 500 million in Uber for self-driving cars

Uber will combine its autonomous driving system with Toyota’s Guardian technology.

28 Aug 2018 11:02 AM

Investing in Uber Eats, high-potential markets like Middle East, India: CEO

The cab hailing app saw its losses widening year-on-year in the June 2018 quarter.

16 Aug 2018 1:51 PM

Uber trims losses and grows business, plans new stock sale

Uber cut its losses almost in half and its ride bookings jumped 51 per cent since one year ago.

24 May 2018 12:53 PM


Uber aims to reduce traffic and congestion with 'Movement'

Uber on Thursday launched the second phase of 'Movement' in India.

13 Apr 2018 12:17 PM

Uber launches new partner app in India

Drivers will be able to access notifications and messages about upcoming earning opportunities.

11 Apr 2018 2:25 PM

India one of our healthiest markets: Uber CEO Dara Khosrowshahi

Uber chief executive Dara Khosrowshahi is committed to investing further in the Indian market.

01 Apr 2018 6:46 PM

Will invest whatever we have to for success in India: Uber CEO

Uber has been pumping in substantial funds to fuel its growth in India.

28 Mar 2018 4:38 PM

Self-driving Uber car kills woman pedestrian in Arizona

Uber suspended its entire self-driving vehicle testing in the Phoenix area, Pittsburgh, San Francisco and Toronto.

20 Mar 2018 8:35 AM


Uber to stay invested in India; looks to grow 10 times: CEO

Uber accounts for less than 1 pc of USD 5 trillion transportation industry globally and capturing higher share.

23 Feb 2018 10:56 AM

Uber to move court after being stripped off of license in London

Brown said in November that ‘there are some discussions going on to make sure they are compliant.’

11 Dec 2017 5:46 PM

Uber executives travel world to reassure regulators as controversies strike

A stream of executives have left Uber amid controversies involving sexual harassment, data privacy and business practices in Asia.

27 Nov 2017 4:00 PM

Uber informed SoftBank about data breach before making details public

Uber is trying to complete a deal in which SoftBank would invest as much as USD 10 billion for at least 14 per cent of Uber.

24 Nov 2017 9:00 AM

Uber's messy data breach collides with launch of SoftBank deal

Uber was first hacked in October 2016 and discovered the data breach the following month.

23 Nov 2017 9:22 AM


Uber paid USD 1 million to hackers to keep massive data breach secret

The company said two hackers gained access to proprietary information used by Uber and stored on GitHub.

22 Nov 2017 9:27 AM

Uber CEO to meet London transport officials after licence ban decision

Dara Khosrowshahi is set to meet Transport for London's Commissioner Mike Brown on Tuesday.

03 Oct 2017 2:31 PM

Uber's Kalanick reignites power struggle, names two to board

Uber investors are divided over whether Kalanick should himself be on board.

30 Sep 2017 2:21 PM

Uber CEO apologizes for 'past mistakes' of company in wake of London ban

London's transportation regulatory body Transport for London refused to renew Uber's operating licence.

25 Sep 2017 5:01 PM

Uber CEO Khosrowshahi eyes IPO in 18-36 months

Khosrowshahi said Uber needed to stabilize itself but also take what he called 'big shots'.

31 Aug 2017 1:56 PM