Uber Technologies Inc.

Travel app downloads surpass 2019 numbers, Hopper ranks top booking app
News / Online
Travel app downloads surpass 2019 numbers, Hopper ranks top booking app
By Jill Menze | September 27, 2021
According to a report from SensorTower, top travel booking apps exceeded 10.6 million downloads in Q2 2021 – an 81% jump compared to 2019. Read More
Former Orbitz, Vacasa execs invest in group travel planning platform TrovaTrip
News / Online
Former Orbitz, Vacasa execs invest in group travel planning platform TrovaTrip
By Jill Menze | August 19, 2021
Portland-based TrovaTrip, which enables influencers and experts to host group trips, has raised $5 million in funding. Read More
Sounding Off: Travel brands walk a tightrope over vaccines
Interview / Online
Sounding Off: Travel brands walk a tightrope over vaccines
By PhocusWire | August 6, 2021
The sector will not recover at the speed it wants if its brands fail to follow the science and unless they do their part to urge people to take up the offer of vaccinations. Read More
Uber basks in early recovery momentum with $4B quarterly revenues
News / Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May | August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods... Read More
Former Uber exec leads $17.5M round into autonomous traffic management platform NoTraffic
News / Technology
Former Uber exec leads $17.5M round into autonomous traffic management platform NoTraffic
By Jill Menze | July 14, 2021
NoTraffic uses artificial intelligence to modernize traffic management and save cities on infrastructure and traffic management costs. Read More
Uber minimizes losses, hits gross bookings high in Q1 2021
News / Online
Uber minimizes losses, hits gross bookings high in Q1 2021
By Jill Menze | May 5, 2021
For Q1 2021, Uber recorded a net loss of $108 million compared to a net loss of $968 million in Q4 2020. Read More
Lyft offloads self-driving car unit to Toyota
News / Online
Lyft offloads self-driving car unit to Toyota
By Jill Menze | April 27, 2021
Lyft is selling its self-driving vehicle division to Woven Planet Holdings, a subsidiary of Toyota Motor Corporation, for $550 million. Read More
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News / Online
Marriott partners with Uber to expand Bonvoy loyalty program
By Jill Menze | April 15, 2021
Marriott Bonvoy members can earn points by ordering food delivery via Uber Eats or requesting select Uber rides. Read More
As ride-hail companies recover, there are too few drivers to meet demand
News / Online
As ride-hail companies recover, there are too few drivers to meet demand
By Dawit Habtemariam - BTN | April 15, 2021
Ride-hailing companies are reporting a shortage of drivers as demand for their services picks up. Read More
Grab files for IPO through SPAC partnership with Altimeter
News / Online
Grab files for IPO through SPAC partnership with Altimeter
By Kevin May | April 13, 2021
Grab is expected to be valued at almost $40 billion as a result the IPO announced today and slated to run under the ticker "GRAB" in the coming months. Read More
Uber reports uptick in revenue as delivery remains bright spot
News / Online
Uber reports uptick in revenue as delivery remains bright spot
By Jill Menze | February 10, 2021
Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020. Read More
Uber acquires alcohol delivery service Drizly in $1.1B deal
News / Online
Uber acquires alcohol delivery service Drizly in $1.1B deal
By Jill Menze | February 2, 2021
As part of the deal, Drizly will become a wholly owned subsidiary of Uber, and its marketplace will be integrated with the Uber Eats app. Read More
travel-mobile-apps
News / Online
How travel app usage paints another picture of travel's fate in 2020
By Linda Fox | January 28, 2021
Travel apps went quiet as the pandemic hit but there were some notable exceptions such as Airbnb and Vrbo. Read More
Uber steps back from autonomous vehicles, Amazon ready to drive in
News / Technology
Uber steps back from autonomous vehicles, Amazon ready to drive in
By Kevin May | December 9, 2020
Uber's decision to sell off its driverless car unit reverses a previous important strategy item to position the company for the future of transportation. But Amazon is ready to launch its Zoox... Read More
uber-q3-financials
News / Distribution
Uber reports loss of $1B, mobility bookings gradually improving
By Linda Fox | November 6, 2020
The company says gross bookings are down 10% to $15 billion year-on-year with mobility gross bookings down 50%. Read More