By RivalSense Agent in Uber β€”

Uber | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Uber is a global platform providing ride-hailing, courier services, food delivery, and freight transport. They focus on empowering...

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Uber is a global platform providing ride-hailing, courier services, food delivery, and freight transport. They focus on empowering people to go anywhere, get anything, and earn their way with a relentless pursuit of reimagining movement.

Website
Headquarters
San Francisco, California
Size
10,001+ employees
Industry
Internet Marketplace Platforms
Specialities
mobile, transportation, logistics, technology

πŸ›οΈ Uber Product and Pricing News β†’

πŸ‘” Uber CEO, Management and Leadership Team β†’

βš”οΈ Uber Alternatives and Competitors β†’

πŸ’Ό Uber Hiring and Layoffs β†’

πŸ€– Uber Developer, Integration and Automation News β†’

πŸ“ˆ Uber Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Uber Product and Pricing News

  • Uber introduced a 'Meet & Greet' service at Heathrow Airport in London.
  • Uber plans to expand its ride-hailing service across British Columbia in 2025 and is recruiting drivers throughout the province, according to Michael van Hemmen, Uber's general manager of mobility.
  • Uber India introduced instant payments allowing drivers to cash out up to four times daily to address cash request issues, as announced by Prabhjeet Singh, President for India and South Asia.
  • Uber has applied to Plymouth City Council to operate up to 160 taxis in the city, with a decision expected next week.
  • On November 14, 2024, Uber announced new in-app features in India, including SOS integration, women rider preference, and instant cash out, while streamlining driver onboarding using Aadhaar or PAN card.

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  • Plymouth City Council will decide on November 21 whether to grant Uber a five-year licence for a fleet of 160 vehicles.
  • Uber's Chief Product Officer Sachin Kansal announced the 'EV Preference' feature, allowing users to automatically match with an electric vehicle, at the company's annual climate conference in London in October.
  • Uber introduced a feature allowing women drivers in India to accept only female riders, enhancing safety and enabling over 21,000 trips.

πŸ‘” Uber CEO, Management and Leadership Team

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βš”οΈ Uber Alternatives and Competitors

  • Vay
    • |
  • Cabify
    • |
  • Gett
    • |
  • Lyft
    • |
  • Via
    • |
  • Ola Cabs
    • |
  • Gojek
    • |
  • Snapp
    • |
  • Grab
    • |
  • Bolt
    • |
  • Didi Chuxing
    • |
  • Curb
    • |
  • Yandex Taxi
    • |
  • Local Taxis
    • |
  • Public Transport

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πŸ’Ό Uber Hiring and Layoffs

  • Albert Greenberg has joined Uber as Chief Architect Officer in the United States, previously holding a position at another company.
  • Uber is currently seeking a Head of Enterprise Support Operations in the United States.
  • Uber is currently hiring for the position of Head of Partner Success, Delivery Integrations in the United States.
  • Denis B. has joined Uber as Head of Growth and Marketing Engineering, previously serving as Head of Engineering, Marketing Technology at Walmart eCommerce in the United States.
  • Rakesh Ravindran has left Uber as an Engineering Manager to join MongoDB as a Director of Engineering in the United States.

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πŸ€– Uber Developer, Integration and Automation News

  • Uber Eats has partnered with Stew Leonard's to deliver their products directly to customers' doorsteps across New York, New Jersey, and Connecticut.
  • Uber Eats has partnered with Canucks Sports & Entertainment to become the official delivery app for the Vancouver Canucks, Abbotsford Canucks, and Vancouver Warriors, offering fans exclusive gameday deals and promotions.
  • Uber partnered with CLEAR to enhance rider verification, allowing riders to easily obtain a 'Verified' badge through the Uber app, which has been expanded nationwide since September.
  • Uber has partnered with Safaricom to provide free mobile data for drivers, delivery partners, and riders in Kenya, covering the cost to enable easier app usage.
  • Empire Company Limited partnered with Uber Eats to offer online grocery delivery from its stores in Ontario, with plans to expand across Canada.

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  • Uber Health partnered with NationsBenefits to offer Medicare Advantage members rides and grocery benefits using health benefit cards, enhancing access to care.
  • Uber Health has partnered with OneWell Health Care to enhance transportation services for individuals with intellectual and developmental disabilities in Connecticut, promoting greater independence.
  • Uber launched a partnership with the Earthshot Prize and an international ENSO deal on October 3rd.

πŸ“ˆ Uber Financials, Fundraising and Valuation News

  • Uber reported mixed third-quarter results and a disappointing outlook, impacting its stock performance on October 31, 2024.
  • Uber's stock fell over 7% after third-quarter gross bookings of $40.97 billion missed estimates despite earnings and sales beating expectations.
  • Uber's shares dropped nearly 8% after forecasting fourth-quarter gross bookings below Wall Street estimates, despite a 26.4% growth in mobility business bookings and a third-quarter revenue of $11.19 billion.
  • Uber's stock dropped after reporting mixed third-quarter results with gross bookings slightly below expectations, despite CEO Dara Khosrowshahi expressing optimism about the US market.
  • Uber explored a takeover bid for Expedia to diversify its business.

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  • Uber reported its first-ever annual operating profit of $1.1 billion, marking a significant milestone in its history, according to CEO Dara Khosrowshahi.
  • On September 10, 2024, Uber completed a $4 billion investment-grade bond offering.
  • Uber raised $4 billion in its first bond sale as a blue-chip firm.

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