It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...

Citi lowered the firm’s price target on Uber (UBER) to $92 from $98 and keeps a Buy rating on the shares following the Q4 report. The firm ...

The forecast overshadowed the San Francisco-based company's fourth-quarter revenue beat, helped by stable ride-hailing demand for ... away from Uber through competitive pricing and new features ...

Overall, the company's ride-hailing revenue jumped 25% and delivery revenue rose 21%, both above estimates. It's total ...

Its business-focused service reported a 50% surge in bookings for the last ... working on luring customers away from Uber through competitive pricing and new features, such as Price Lock that ...

But the San Francisco-based company also beat fourth-quarter revenue estimates, helped by stable ride-hailing demand for ... customers away from Uber through competitive pricing and new features ...

the following couple of slides highlighted the kind of utilization challenges a fixed vehicle supply network can face due to demand variability by time of day in the week: Uber is positioning ...

(Reuters) -Uber Technologies on Wednesday reported a lower-than-expected profit in the October-December period on rising costs, and forecast first-quarter bookings short of estimates due to a strong ...