Uber Technologies Inc

Trip rental business Vacasa picks protege of Uber CEO to be upcoming main executive
Anyaberkut | Istock | Getty Images As Vacasa works to mature its share in the vacation rental sector, the house management company is tapping longtime vacation govt Rob Greyber to be its next CEO. Greyber, who led Expedia’s Egencia division from 2009 to 2020, will succeed present Chief Govt Matt Roberts, productive Sept. 6. The […]
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Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was […]
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Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit
SoftBank on Monday disclosed that it sold its remaining stake in U.S. ride-hailing giant Uber as the Japanese conglomerate looks to raise cash amid mounting losses at its investment unit. The move comes after SoftBank’s Vision Fund, its technology investment vehicle, reported a 2.93 trillion Japanese yen ($21.68 billion) loss for the June quarter, one […]
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Gig economy stocks pop after companies show strong demand for their services
Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Shares of gig economy companies Uber, Lyft, DoorDash and Airbnb popped this week after the companies posted quarterly reports that showed strong demand. […]
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Airbnb stock slumps despite record-breaking bookings
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Airbnb beat Wall Street estimates for earnings and posted revenue that was in line with estimates for the second quarter. The company also announced a $2 billion share buyback program. Shares were down about 9% after hours, despite what appeared to be a strong report, […]
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Stocks making the biggest moves midday: Uber, Pinterest, Caterpillar and more
An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines in midday trading Tuesday. Uber Technologies — Uber shares popped 17.6% after the ride-hailing giant reported a quarterly revenue that beat analyst expectations. The company’s revenue came in at […]
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Uber CEO Dara Khosrowshahi breaks down second-quarter earnings and shift to services
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Uber CEO Dara Khosrowshahi joins CNBC’s ‘Squawk on the Street’ to break down the company’s latest quarterly earnings report, which showed the ride hailing company was cash-flow positive for the first time. Khosrowshahi also provides an outlook for the fall and weighs […]
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Uber CEO Dara Khosrowshahi on earnings: It was a strong quarter on top and bottom lines
Uber CEO Dara Khosrowshahi joins CNBC’s ‘Squawk on the Street’ to break down the company’s latest quarterly earnings report, which showed the ride hailing company was cash-flow positive for the first time. Source
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