The ride-hailing giant agreed to sell Uber Eats in India to rival Zomato, continuing its recent efforts to exit money-losing businesses.
Tag: Uber Technologies Inc
Uber in Talks to Sell Its Food-Delivery Business in India
Dara Khosrowshahi, Uber’s chief executive, is paring back the company’s money-losing businesses.
Uber Is Fighting to Survive in London After Losing Its License
The company is at odds with regulators and drivers of traditional cabs in its most lucrative European market.
Maybe This Time, the Bikes Won’t End Up in the River
Uber has launched a bike share program in Rome, where potholes, vandalism, traffic and theft have defeated previous attempts.
Uber Driver in Lebanon Is Sentenced to Death in Killing of U.K. Diplomat
Rebecca Dykes, who was last seen leaving a bar in Beirut, was found strangled with a rope in 2017.
Uber Acquires Cornershop, a Grocery Delivery Start-Up
Although the growth of its core business has slowed, Uber is building its food and freight delivery services, among other ambitions.
Uber Wants to Sell You Train Tickets. And Be Your Bus Service, Too.
The ride-hailing company, craving growth, is looking to public transit for riders and revenue. Cities aren’t sure whether to welcome it.
The Week in Business: Stocks Hit a Record High, and Facebook Wants to Replace Your Bank
Plus, tensions with Iran reach a boiling point and Trump’s meeting with China’s president.
Ex-Lyft and Uber Driver in Virginia Was Responsible for Torture in Somalia in ’80s, Jury Finds
A civil case traced the man’s journey from an army commander in Somalia to a driver in Virginia for the ride-hailing services.
Trump Taxes, Iran, Royal Baby: Your Thursday Briefing
A decade of red ink for Donald Trump.