The company said that despite those larger challenges it is sticking to its goal of being profitable on an adjusted basis before the end of 2021 thanks to stringent cost-cutting measures and a strong balance sheet.
Updated on Aug 07, 2020 08:46 AM IST
By Reuters | Posted by Shivani Kumar
Officials with the US and the United Nations suspect that Saudi Arabia’s Prince Mohammed bin Salman played a role in Khashoggi’s slaying. Prince Mohammed has said he takes full responsibility but denied ordering the killing, calling the slaying “a mistake” in an interview in September.
Updated on Nov 12, 2019 05:35 AM IST
New York | By Associated Press
India is a potential bright spot: a massive, untapped market where Uber can demonstrate rapid growth to calm investors back home. It’s also a laboratory for innovation in terms of new modes of transportation, the company’s CEO Khosrowshahi said.
Updated on Oct 25, 2019 09:28 AM IST
Uber’s filing sets the stage for one of the biggest technology listings ever. Uber’s valuation in its most recent private financing was $76 billion, and it could be worth $120 billion in an IPO.
Published on Dec 08, 2018 01:26 PM IST
New York/San Francisco | By Reuters
Three countries in particular now appear to make up a kind of final frontier for the Uber’s original business.
Updated on Nov 20, 2018 06:36 PM IST
Bloomberg, San Francisco | By Eric Newcomer
Uber Chief Executive Officer Dara Khosrowshahi said the money “would not accrue to the benefit of Uber,” but be put in individual savings account for each driver.
Published on Oct 23, 2018 05:30 PM IST
Bloomberg | By Bloomberg
Google’s Diane Greene did not offer a reason for not attending the conference in Riyadh. Other business leaders who have said they would not attend the conference, including Uber Chief Executive Dara Khosrowshahi, said they were concerned about Khashoggi’s disappearance.
Published on Oct 16, 2018 12:03 PM IST
Reuters | By Reuters
Dara Khosrowshahi also said India is already among the top three markets for Uber and accounts for 10% of its trips globally.
Updated on Apr 01, 2018 08:06 PM IST
PTI, New Delhi | By HT Correspondent