Uber
Uber ordered to pay US$8.5 million in trial over driver sex assault claims
The company maintains that its drivers are independent contractors rather than employees
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
The company’s quarterly gross bookings rise 22% to US$54.14 billion
Uber enters first Asian market in years with Macau relaunch
The company previously operated in Macau but suspended its business in 2017
Lucid, Nuro, Uber debut robotaxi ahead of launch this year
Production of the vehicle is expected to begin later this year
Uber teams up with Baidu to start robotaxi trials in UK
Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge
Uber misses on profit even as rideshare, delivery trips soar
The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion
Uber partners with Nvidia to deploy 100,000 robotaxis
UBER and Nvidia on Tuesday announced an alliance to deploy 100,000 robotaxis starting in 2027.
Uber to plan investments in Hong Kong listings of Pony AI, WeRide
Talks are ongoing and the investment plans may change
Hong Kong passes law to regulate online ride-hailing platforms
Platforms, vehicles and drivers will all be required to obtain licences, and drivers must pass a designated test
Uber boosts buybacks by US$20 billion after upbeat forecast
Gross bookings will range from US$48.25 billion to US$49.75 billion for the three months ending September