[NEW YORK] The ride-hailing corporation Uber reported its first-quarter earnings Thursday, and billions in losses continue to mount. After the company's disappointing IPO, and the similarly...

COMMENTARY

UBER raised US$8.1 billion with a valuation of US$82.4 billion when it went public recently. Within a matter of days, however, the stock had plummeted to US$37.10 (at the time of writing), losing...

[NEW YORK] Newly public ride-hailing companies Uber Technologies and Lyft shares gained for a second day after a US government agency said drivers providing rides with Uber were independent...

[NEW YORK] Here's the number you've been waiting for. The first reading of how much is being bet against Uber Technologies' stock is out and it's just shy of a billion dollars.

[NEW YORK] Drivers for ride-hailing company Uber Technologies are independent contractors and not employees, the general counsel of a US labour agency has concluded, in an advisory memo that is...

[NEW YORK] Uber shares went into a fresh skid Monday - more bad news for the global ride-hailing giant, which endured steep declines in its hotly anticipated market debut last week.

UBER Technologies priced its initial public offering (IPO) on Thursday at the low end of its targeted range to value the company at US$82.4 billion, hoping the conservative approach would let it...

[NEW YORK] Lyft shares tumbled to a record low on Wednesday after the newly public ride-sharing company reported a steep quarterly loss that was seen as offsetting better-than-expected revenue...

[TOKYO] As Uber Technologies prepares for its mammoth initial public offering (IPO) later this week, no one has more on the line in the ride-hailing business than Masayoshi Son, chief executive of...

[WASHINGTON] One of the early promises of the ride-hailing era ushered in by Uber and Lyft was that the new entrants would complement public transit, reduce car ownership and help alleviate...