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Uber reported strong Q1 EPS but missed revenue and gross bookings estimates for the first quarter of the year.
The company also predicted that business in the current quarter would be stronger than Wall Street had predicted.
Gross bookings, which include ride hails, delivery orders, and driver and merchant earnings but not tips, were $42.8 billion ...
Uber's core ride-hailing business posted its slowest revenue growth since the pandemic in the first quarter due to sluggish U ...
Uber forecast a stronger than expected outlook for the current quarter, allaying fears US consumers were spending less on ride-hailing and food delivery despite growing economic uncertainty under ...
Uber Technologies Inc. has plans to buy an 85% stake in the Turkish food delivery app Trendyol GO. The deal is worth about ...
DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.
DoorDash is making a significant push into Europe with the $3.9 billion acquisition of Deliveroo, expanding its reach to 40 ...
Uber is investing heavily in expanding its global reach through strategic acquisitions and partnerships. The ride-hailing ...
Uber buys a majority stake in the Turkish food delivery service Trendyol GO for 700 million US dollars and expands its business portfolio.
The cash transaction, expected to close in the latter half of the year pending regulatory approval, marks a significant ...
In a bold global expansion move, DoorDash announced $5.1 billion in acquisitions—UK-based Deliveroo and tech firm ...
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