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Niklas Östberg, co-founder and CEO of Delivery Hero, has reversed his decision to step down in 2027. This decision comes as the company prepares for Uber's €13 billion takeover and an asset sale.
DoorDash Inc. and Uber Technologies Inc. are expanding their delivery partnership with Costco Wholesale Corp., ratcheting up competition with Instacart as the big-box retailer expands its digital reach.
Uber and Costco announced an expansion of a partnership where Costco members can order delivery from the store on Uber Eats to 47 states, up from 17.
Walmart Inc. will start delivering food orders from Papa John’s International Inc. as the big-box retailer expands into restaurant delivery. This move ramps up competition with companies such as Uber Technologies Inc. and DoorDash Inc.
Lyft Inc. is starting to offer Waymo robotaxi rides in Nashville, marking the second US city where it’s providing driverless trips. This move comes as Lyft plays catch-up with rival Uber Technologies Inc.
Uber Technologies Inc. is looking to raise around €4 billion ($4.7 billion) from its debut five-part euro bond. This move marks the latest effort by an American company to diversify its funding in Europe.
Uber Technologies Inc. has started offering its debut euro bonds, with a five-part deal that is set to price later on Wednesday.
Uber Technologies, Inc. has hired banks for a debut multi-tranche debt offering in euros.
Uber Technologies Inc. has hired banks to hold calls with investors this week for a debut euro bond sale.
Travis Kalanick's Atoms is reportedly developing robotaxi technology and has hired Anthony Levandowski after acquiring his company Pronto. Kalanick stated that Atoms will allow him to complete 'unfinished business.'
Nigeria’s antitrust commission said it is probing Uber Technologies Inc.’s abrupt exit from the West African nation. The ride-hailing platform shut down last week without prior notice to users.
Uber Technologies Inc. is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery, and robotaxi businesses.
Uber Expanded Costco Delivery to 47 States — Here's What Happened Next
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Apple Should Acquire Disney, Robinhood, Uber or these Companies, All-In Podcast Host Says
Major delivery platforms to bring Costco to your door
Uber employees say AI is doing everything from writing support chat responses to answering questions in Slack
Instacart should be worried about DoorDash and Uber's new deal
Your parents will want to know about these new Uber options for seniors