Uber

News / Online

Uber reports $2.4B loss but mobility "reignited"

By Linda Fox | November 5, 2021

Uber says mobility gross bookings hit $10 billion in Q3 and airport activity is increasing in the U.S. Read More

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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