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dara khosrowshahi

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Uber rides take Covid-19 hit but food-delivery business doubles

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.
Shares were down 2.9% at $33.72 in after-hours trading.(Reuters)
Shares were down 2.9% at $33.72 in after-hours trading.(Reuters)
Updated on Aug 07, 2020 08:46 AM IST
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By Reuters | Posted by Shivani Kumar

Uber CEO calls Khashoggi murder ‘a mistake’, says sorry after critics slam him

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.
Uber CEO Dara Khosrowshahi Monday tweeted that there’s no forgiving or forgetting what happened to the journalist Jamal Khashoggi and he was wrong to call it a mistake.(Reuters File Photo)
Uber CEO Dara Khosrowshahi Monday tweeted that there’s no forgiving or forgetting what happened to the journalist Jamal Khashoggi and he was wrong to call it a mistake.(Reuters File Photo)
Updated on Nov 12, 2019 05:35 AM IST
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New York | By Associated Press

‘Potential bright spot’: Uber CEO vows to tackle losses, with help from India

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.
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., in Bengaluru, , Oct. 23, 2019.(Bloomberg)
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., in Bengaluru, , Oct. 23, 2019.(Bloomberg)
Updated on Oct 25, 2019 09:28 AM IST
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By Bloomberg

Uber files confidential paperwork for initial public offering

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.
Uber has raised about $18 billion from an array of investors since 2010, and it now faces a deadline to go public.(AP)
Uber has raised about $18 billion from an array of investors since 2010, and it now faces a deadline to go public.(AP)
Published on Dec 08, 2018 01:26 PM IST
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New York/San Francisco | By Reuters

Uber is reworking its playbook for world domination

Three countries in particular now appear to make up a kind of final frontier for the Uber’s original business.
Uber's logo is displayed on a mobile phone in London, Britain on September 14.(REUTERS)
Uber's logo is displayed on a mobile phone in London, Britain on September 14.(REUTERS)
Updated on Nov 20, 2018 06:36 PM IST
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Bloomberg, San Francisco | By Eric Newcomer

Uber to increase London fares for $260 million fund for electric cars

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.
If a driver stops working for the company before taking advantage of the fund, the money will be spent on other clean air initiatives.(AFP FILE PHOTO)
If a driver stops working for the company before taking advantage of the fund, the money will be spent on other clean air initiatives.(AFP FILE PHOTO)
Published on Oct 23, 2018 05:30 PM IST
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Bloomberg | By Bloomberg

Google drops out of Saudi conference amid disappearance of Jamal Khashoggi

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.
A logo is pictured at Google's European Engineering Center in Zurich, Switzerland on July 19.(REUTERS)
A logo is pictured at Google's European Engineering Center in Zurich, Switzerland on July 19.(REUTERS)
Published on Oct 16, 2018 12:03 PM IST
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Reuters | By Reuters

India key component of Uber’s growth plan, says CEO Dara Khosrowshahi

Dara Khosrowshahi also said India is already among the top three markets for Uber and accounts for 10% of its trips globally.
Uber CEO said expansion in India will require investment.(Reuters File Photo)
Uber CEO said expansion in India will require investment.(Reuters File Photo)
Updated on Apr 01, 2018 08:06 PM IST
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PTI, New Delhi | By HT Correspondent
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