Uber

News / Online

Uber sees first-ever quarterly profits while eyeing travel tours markets

By Derek Catron | August 1, 2023

Q2 earnings of $9.2 billion boosted the drive to profitability, and CEO Dara Khosrowshahi spoke about the value of machine learning and opportunities in the U.K. travel tour operating market. Read More

News / Online

Name-your-price rideshare company InDrive launches in U.S.

By Mitra Sorrells | July 20, 2023

InDrive operates in 48 countries and uses a bid-based business model: riders input pickup and drop-off locations and propose a fee and then drivers can either accept or counter-offer. Read More

News / Technology

Uber unveils carbon saving initiatives for riders and drivers

By Linda Fox | June 9, 2023

Actor Edward Norton joined the event, saying young people “should be mad,” while he also applauded Uber's use of its platform to push for the adoption of electric vehicles. Read More

News / Online

Uber adds enhanced option for business travelers

By Mitra Sorrells | June 1, 2023

Uber said its Uber for Business unit saw 40% growth year over year in Q1 this year, and it is continuing to experiment with ways to appeal to business travelers. Read More

News / Online

Boats in Mykonos? Uber expands travel options

By Derek Catron | May 18, 2023

The ride-hailing company’s third annual Go-GET product event announced a couple of travel-focused updates, including concierge service at partner hotels and boat reservations on a Greek island. Read More

News / Online

Uber launches flight bookings in U.K. powered by Hopper

By Linda Fox | May 10, 2023

The functionality, which is powered by Hopper, will be rolled out to users across the country in the coming weeks and be available to all United Kingdom users this summer. Read More

News / Online

Ongoing travel recovery boosts Q1 earnings for Uber and Lyft

By Derek Catron | May 4, 2023

Both Uber and Lyft reported year-over-year revenue increases for the first quarter, as leaders at both companies spoke of the benefits of a competitive ride-sharing market. Read More

News / Startups

Travel startups: End of the boom or beginnings of a renaissance?

By Mike Coletta - Phocuswright | April 24, 2023

We have entered very difficult territory for fundraising in travel, and the days of easy money are over (at least for now). Read More

News / Online

Uber-owned Careem spins out super app with $400M investment

By Mitra Sorrells | April 11, 2023

Careem will split into two business units - Careem Rides and Careem Technologies, which will manage development of its super app. Read More

News / Online

WATCH: Visualization of revenue for digital travel brands through 2022

By PhocusWire | March 23, 2023

From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting record financial results. Read More

News / Online

Uber to add 25,000 electric vehicles in India

By Kathryn Walson | February 22, 2023

The San Francisco-based ride-hailing company has committed to ensuring 100% of rides take place in zero-emission vehicles - or buses, trains, bicycles and scooters - by 2040. Read More

News / Online

Uber, Lyft earnings may bode well for travel trends

By Derek Catron | February 9, 2023

Both companies anticipate gross bookings to grow 20 to 24% year over year in the current quarter. Read More

News / Online

Uber on its future plans for travel products

By Mitra Sorrells | January 19, 2023

Uber’s head of growth and new products for travel and airports, Loren Kosloske, discusses the company’s future plans related to multi-modality, flights and hotels. Read More

News / Online

Booking.com, Vrbo and Expedia gain ground in U.S. app downloads

By Kathryn Walson | January 6, 2023

Apptopia says Expedia's app downloads nearly doubled year-over-year to 16.6 million and it, along with Vrbo and Booking.com, benefited from slowing growth for Hopper and Airbnb. Read More

News

How payments can unlock value, remove friction in travel

By Linda Fox | December 22, 2022

Uplift's Brian Barth, Worldline's Laurie Gablehouse and Paul Beukers from Katanox discuss developments in payments from wallets and crypto to loyalty and embedded finance at The Phocuswright Conference. Read More

Most Popular
Latest Stories