The coronavirus pandemic reshaped Uber’s business. Some changes are irreversible and could soon make the ride-hailing firm unrecognizable.
The post Is Uber Using the Coronavirus to Ditch the Idling Ride-Hailing Business? appeared first on CCN.com
Three years after Travis Kalanick left Uber and dumped his stake in the company, it is hard to tell he’s no longer in charge.
The post Coronavirus Has Exposed New Uber CEO for Who He Really Is: Travis Kalanick 2.0 appeared first on CCN.com
Uber is begging Congress to bail out rideshare drivers. But given Uber’s history, this lobbying effort is anything but noble.
The post The Ugly Truth About Uber’s Blood-Sucking Coronavirus Bailout Plea appeared first on CCN.com
The growth-at-all-costs strategy adopted by ride-hailing firm Uber has been a disaster. Unless it is abandoned, it will be another WeWork.
The post Uber Risks Becoming Another WeWork Disaster Unless It Abandons Reckless Strategy appeared first on CCN.com
By CCN: Uber has suffered a defection from the C-Suite, and the timing couldn’t be better. It’s no secret that the ride-sharing company that has been struggling with its own identity has had a rocky road since its IPO. The stock only recent…
By CCN: Amazon is willing to pay its employees as much as $10,000 along with three months’ worth of compensation if they quit their jobs to launch delivery startups, according to The Wall Street Journal. Meanwhile, Uber, whose CEO recently compar…
By CCN: Robotaxis will one day litter our streets and highways, but not as soon as Tesla CEO Elon Musk boasts. Uber CEO Dara Khosrowshahi levied this critique ahead of the $70 billion rideshare giant’s disappointing IPO, which saw its stock plung…
By CCN: Uber is priming investors for its much-vaunted IPO, but there’s a severe problem. Namely, this problem is that Lyft IPO was a complete disaster and Uber is tarred with the same ride-share brush. To avoid the stigma, the Uber team is seeki…
By CCN: Uber CEO Dara Khosrowshahi could laugh all the way to the bank if the ride-sharing pioneer’s valuation hits $120 billion, or if he manages to find a buyer for that amount. Uber’s IPO Could Make Khosrowshahi Very, Very Rich According to Uber’s I…