Uber

Business, Technology

Uber to Buy Postmates for $2.65 Billion to Expand Delivery

The Postmates app on a phone. (Gabby Jones/Bloomberg News)

Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered.

July 6, 2020
Business, Technology, Logistics

Uber Reportedly in Talks to Buy Delivery Rival Postmates

A Postmates delivery person stands outside a Shake Shack restaurant in Washington on April 20. A Postmates delivery person stands outside a Shake Shack restaurant in Washington on April 20. (Andrew Harrer/Bloomberg News)

Uber Technologies Inc. is in talks to purchase Postmates Inc., said a person familiar with the discussions, seeking to expand food delivery services in the U.S. and capitalize on a surge in orders during the coronavirus pandemic.

Priya Anand | Bloomberg News
June 30, 2020
Business, Technology, Logistics

Uber to Sell Software, Starting With Four-Van Transit Service

The Uber car service application. 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.

Lizette Chapman | Bloomberg News
June 17, 2020
Business, Technology, Autonomous

Uber Cuts 3,000 More Jobs, Closes Offices Amid Pandemic Revamp

Uber said it would eliminate 3,000 more jobs and close some offices. (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.

Lizette Chapman | Bloomberg News
May 18, 2020
Government, Business, Technology

Uber’s Bid to Acquire Grubhub Draws Rebukes

Uber's proposed acquisition of GrubHub has met with criticism. (Andrew Harrer/Bloomberg News)

Uber Technologies Inc.’s offer to buy Grubhub Inc. antagonized officials in Washington and major U.S. cities, who already were taking steps to limit the fees companies charge restaurants and regulate their treatment of workers. If a deal between the companies proceeds, analysts said it is likely to face antitrust scrutiny.

Eric Newcomer | Bloomberg News
May 13, 2020
Business, Technology

Uber to Reduce Workforce by 14%, Signals Further Cuts

Uber said it would cut its workforce by 14% due to the coronavirus. 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.

Lizette Chapman | Bloomberg News
May 6, 2020
Business, Technology, Logistics

Uber Eats Drops Service in Seven Countries

An Uber Eats delivery courier rides a bicycle along a street to make a delivery in Tokyo. 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.

Lizette Chapman | Bloomberg News
May 4, 2020
Business, Technology

Uber Withdraws Forecast, Will Write Down About $2 Billion

A driver in Los Angeles adjusts his face mask as Uber and Lyft drivers conduct a "caravan protest" outside the California Labor Commissioner's office April 16. A driver in Los Angeles adjusts his face mask as Uber and Lyft drivers conduct a "caravan protest" outside the California Labor Commissioner's office April 16. (Mario Tama/Getty Images)

Uber Technologies Inc. withdrew its financial guidance for 2020 and said it will write down about $2 billion in investments after the coronavirus pandemic upended the ride-hailing business.

Lizette Chapman | Bloomberg News
April 17, 2020
Government, Business, Technology, Safety, Autonomous, TCA

Uber Resumes Testing Self-Driving Cars in San Francisco

Autonomous Uber vehicle An autonomous Volvo under development by Uber on display in Pittsburgh in March 2019. (Gene J. Puskar/Associated Press)

Uber has resumed testing of robot cars in San Francisco, two years after one caused a fatal accident in Arizona.

Carolyn Said | San Francisco Chronicle
March 11, 2020
Government, Business, Technology, Autonomous, TCA

Uber Gets OK to Restart Autonomous Car Testing in California

An autonomous Volvo under development by Uber on display in Pittsburgh in March 2019. An autonomous Volvo under development by Uber on display in Pittsburgh in March 2019. (Gene J. Puskar/Associated Press)

Uber has been granted permission from California regulators to test self-driving cars on state roads, the ride-sharing company announced Feb. 5.

Tony Bizjak | The Sacramento Bee
February 6, 2020

Pages