Lizette Chapman
Uber Bookings Climb 24% on Strong Growth in Delivery
The Uber Technologies application on a smartphone. (Tiffany Hagler-Geard/Bloomberg News)
Uber Technologies Inc. reported a 24% increase in gross bookings in the first quarter, driven by continued growth in the delivery business.
May 5, 2021Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery
A grocery delivery. ( FilippoBacci/Getty Images)
Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.
May 4, 2021Lyft to Sell Autonomous-Driving Unit to Toyota for $550 Million
The Lyft driver hub building in San Francisco. (David Paul Morris/Bloomberg News)
Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.
April 26, 2021Uber to Buy Alcohol Delivery Startup Drizly for $1.1 Billion
Gabby Jones/Bloomberg News
Uber Technologies Inc. agreed to acquire Drizly Inc., which makes an on-demand alcohol delivery app, for $1.1 billion.
February 2, 2021Uber CEO Threatens Future Shutdown in California Over Labor Law
Uber CEO Dara Khosrowshahi. (Akio Kon/Bloomberg News)
Dara Khosrowshahi, CEO of Uber Technologies Inc., threatened to temporarily shut down service in California if it loses a drawn-out fight over a state law seeking to reclassify contractors as employees.
August 12, 2020Uber to Sell Software, Starting With Four-Van Transit Service
The Uber car service application. (Victor J. Blue/Bloomberg News)
Uber Technologies Inc. is getting into software. The company is making the technology that powers its ride-hailing business available to others, starting with public transit agencies.
June 17, 2020Uber Cuts 3,000 More Jobs, Closes Offices Amid Pandemic Revamp
(Victor J. Blue/Bloomberg News)
Uber Technologies Inc. eliminated an additional 3,000 jobs May 18, is closing dozens of offices worldwide and is shutting down many side projects in an effort to weather the coronavirus pandemic that has devastated the ride-hailing business.
May 18, 2020Uber to Reduce Workforce by 14%, Signals Further Cuts
Uber said it would cut its workforce by 14% due to the coronavirus. (Victor J. Blue/Bloomberg News)
Uber Technologies Inc. will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the coronavirus pandemic.
May 6, 2020Uber Eats Drops Service in Seven Countries
An Uber Eats delivery courier rides a bicycle along a street to make a delivery in Tokyo. (Kiyoshi Ota/Bloomberg News)
Uber Technologies Inc. took steps to stem losses in its international businesses May 4 as the company rushes to adapt to the new realities of the coronavirus pandemic.
May 4, 2020Instacart Doubled Workforce in a Month
(Gabby Jones/Bloomberg News)
Instacart Inc. more than doubled the number of people who pick and deliver groceries to customers over the past few weeks and said it will add an additional 250,000 in the next two months, a response to unprecedented demand for the service.
April 23, 2020