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Uber took bigger cut of fares to grow profits, study says — with Seattle hit hardest
SEATTLE — Uber is facing fresh criticism over its pricing practices after a new study claims the company has dramatically increased its profit margins by using AI-driven algorithms to raise fares and ... Read More
Uber seeks funds to expand robotaxi business on optimistic Q3 projections
Uber Technologies Inc.’s CEO Dara Khosrowshahi revealed that the company is in active engagements with private equity firms and banks to secure funding for its growing robotaxi business just as the ... Read More
Uber in talks with banks, private equity firms to fund robotaxi expansion
(Reuters) -Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said, as the ride-hailing giant bets on a mass roll-out of the ... Read More
Uber in talks to raise capital for major robotaxi expansion
Uber UBER.N is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said, as the ride-hailing giant bets on a mass roll-out of the nascent ... Read More
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