UBER Uber Technologies Inc
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Lime names Uber anchor investor for IPO, seeking $1.8 billion valuation
Lime plans to name Uber as an anchor investor for its upcoming U.S. initial public offering. The company expects to file an updated prospectus on June 22,...
Uber to Be Named Anchor Investor in Lime's Planned IPO
Electric scooter and bike rental company Lime plans to name Uber as an anchor investor in its upcoming U.S. initial public offering, according to...
Uber avoids nine-figure ballot fight, settles with California trial lawyers
Uber and the Consumer Attorneys of California reached an agreement to withdraw competing ballot measures for the November election. The deal avoids an expected...
Uber Receives Turkish Approval to Acquire Getir's Delivery Business
The Turkish Competition Board approved Uber's acquisition of Getir's delivery arm. Uber will take over Getir's food, grocery, and retail delivery services....
Uber taps Lucid and Nuro for 2027 Houston robotaxi launch
Uber Technologies will launch a robotaxi service in Houston by mid-2027. The initiative partners Uber with autonomous driving firm Nuro and electric vehicle...
Uber and Lyft Accused of Charging Different Prices for Identical Rides
A Consumer Reports investigation published June 16, 2026, alleges Uber and Lyft use AI algorithms to charge different prices for identical rides. The study...
Uber launches Offsite Ads on Meta and Google, monetizing consumer data
Uber Advertising launched Offsite Ads to allow brands to target consumers on external platforms like Meta and Google Shopping. This service uses Uber’s...
Uber faces massive UK tax bill, after Bolt loses VAT appeal
HMRC won a landmark Court of Appeal case against ride-hailing firm Bolt on Friday. The court ruled Bolt must apply a 20% Value Added Tax (VAT) to its profit...
Uber Targets $125, Citing World Cup and Autonomous Vehicle Rollouts
Guggenheim reiterated its Buy rating for Uber Technologies Inc. with a $125 price target on Tuesday. The firm expects the 2026 World Cup to boost Mobility...
Uber launches London robotaxi trials with Wayve, challenging Alphabet's Waymo
Uber opened an interest list for London customers to ride in self-driving vehicles powered by British AI startup Wayve. Public trials will begin in the coming...
Uber launches Spain's first robotaxi pilot, expanding WeRide partnership to Europe
Uber is launching Spain's first commercial robotaxi pilot program in Madrid. The company is collaborating with autonomous driving firm WeRide and fleet...
Ola Valuation Crashes 99% to $70 Million, Clouding IPO Prospects
Vanguard marked down the valuation of Indian ride-hailing firm Ola to approximately $70.3 million. This represents a 99% collapse from the company's $7.3...
Uber deploys 500 sensor-equipped Hyundais, building data infrastructure for AV partners
Uber is deploying 500 sensor-equipped Hyundai Ioniq 5s throughout this year. These vehicles will collect real-world driving data for the company’s AV Labs...
Uber Commits $500 Million to Nuro, Targeting Tens of Thousands of Robotaxis
Uber Technologies Inc. has committed nearly $500 million to self-driving startup Nuro. This investment supports Uber's strategy to integrate autonomous...
🟢 Uber Technologies Inc is trading 4.5% up today on reports of Delivery Hero investment and takeover interest
Uber Technologies Inc is trading 4.5% up now at $73.57 as investors react to reports regarding its strategic investment in German food delivery group Delivery...
Uber partners with Autobrains to launch Level 4 robotaxis in Munich
Uber is partnering with Israeli AI firm Autobrains to launch a Level 4 autonomous robotaxi program in Munich, Germany. The companies announced the initiative...
Uber Credit Rating Upgraded to BBB+, Fueled by $8 Billion Cash Flow
S&P Global Ratings upgraded Uber’s issuer credit rating to BBB+ from BBB with a positive outlook. The agency cited the company’s strong execution and improving...
Uber slows 2026 hiring, citing major AI productivity gains
Uber is significantly slowing its hiring pace through the end of 2026. CEO Dara Khosrowshahi and CFO Balaji Krishnamurthy attributed the decision to...
Uber and Microsoft Curb AI Spending, Citing Triple-Digit Cost Surges
Companies are reducing artificial intelligence spending after operational costs doubled or tripled. Some firms exhausted their annual AI budgets within a few...
Uber raises Delivery Hero stake to 37%, targeting full takeover
Uber Technologies Inc. increased its ownership in German food-delivery firm Delivery Hero to 36.83%. The company purchased a block of shares from Aspex...