Uber to invest $100m in autonomous vehicle charging stations
Uber Technologies said on Wednesday it plans to invest more than $100 million to build autonomous vehicle charging hubs, highlighting the company’s…
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Uber Eats unveils text, image AI shopping tool
Uber Eats is introducing artificial intelligence to make grocery shopping easier. The company revealed on Wednesday that its food delivery platform will…
Uber ordered to pay $8.5m in landmark driver assault lawsuit
A United States federal jury in Phoenix on Thursday ordered Uber to pay $8.5 million in damages after ruling in favour of…
Uber partners Pipe to provide small businesses with funding
Fintech company Pipe is partnering with Uber Eats to make it easier for small restaurants to access capital. The collaboration integrates Pipe’s…
Uber seeks funding for Robotaxi expansion operations
Uber Technologies Inc. is in discussions with private equity firms and banks to secure financing for the expansion of its robotaxi operations,…
Uber launches $20bn buyback as loyalty program gains traction
Uber Technologies Inc. on Wednesday announced a massive $20 billion stock buyback program and issued a bullish forecast for third-quarter gross bookings,…
Uber unveils women-only ride matching feature to boost safety
Uber on Wednesday announced a new feature aimed at enhancing safety on its platform by pairing women drivers with women riders. The…
Uber to invest $300m in Lucid for robotaxi rollout
Uber will invest $300 million in electric vehicle maker Lucid Motors as part of a new robotaxi partnership announced Thursday. The deal,…
Uber, Waymo launch public robotaxi rides in US
Uber and Alphabet’s Waymo have launched public robotaxi rides in the United States as part of their expanding partnership. Available through the…
Uber-owned Careem to exit Pakistan as economic pressures mount
Careem, the Middle East-based ride-hailing firm owned by Uber, will suspend operations in Pakistan from July 18, marking the end of a…
Uber eyes stablecoins as new payment option
Uber CEO Dara Khosrowshahi revealed that the company is closely examining stablecoins as a potential payment option. Speaking at the Bloomberg Tech…
US sues Uber over alleged deceptive subscription practices
The United States Federal Trade Commission has filed a lawsuit against Uber Technologies Inc., accusing the ride-hailing giant of enrolling customers into…