Uber Technologies Inc. reported revenue that beat analysts’ estimates, boosted by resilient demand from customers who continued to hail rides and order takeout food despite rising inflation. Shares ...
New data by the rideshare platform, Uber, found a worldwide increase in Uber drivers by nearly 30%. Sacramento saw one of the largest upticks in drivers, with a 50% increase. Of new drivers surveyed, ...
Shares of Uber surged Tuesday after the company said there is little evidence that Americans are pulling back on hailing rides or ordering food deliveries despite soaring inflation. “Cities are ...
FRESNO, Calif. (KFSN) -- When Kyle Parker realized his family's income wasn't going as far as it used to because of inflation, he knew he had to find another way to make ends meet. "I work an 8 to 5 ...
In early August, Uber Chief Executive Officer Dara Khosrowshahi declared that "the business is really hitting all cylinders." A report from Bloomberg elaborates the statement by saying that Uber has ...
Debbie Welker quit working as a delivery driver for Shipt and Instacart in Dallas earlier this year because gas prices were cutting too deeply into her earnings. She would work 12-to-14-hour days, ...
Even higher gas prices and soaring inflation aren’t slowing down Uber’s rebound from the worst days of the pandemic. Uber on Tuesday said its revenue hit $8.1 billion during the three months ending in ...
Shares of Uber skyrocketed Tuesday after the company reported better-than-expected sales and posted its first quarter of positive cash flow despite rising inflation and fears of a looming ...
FILE - The logo for Uber appears above a trading post on the floor of the New York Stock Exchange, Friday, Aug. 9, 2019. Shares of Uber are surging before the market open Tuesday, Nov. 1, 2022, after ...