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  • Uber plans to shift engineering jobs to India to cut costs: Report Jul 03, 2020 11:23 AM IST

    Uber plans to shift engineering jobs to India to cut costs: Report

    CEO Dara Khosrowshahi's efforts to move jobs to India was resisted by Uber’s chief technology officer Thuan Pham, who has since left the company.

  • Uber sees rides recovering from coronavirus lows, banks on food-delivery momentum May 08, 2020 07:23 AM IST

    Uber sees rides recovering from coronavirus lows, banks on food-delivery momentum

    Khosrowshahi said stringent cost cutting, to the tune of more than $1 billion (808 million pounds) in 2020, would ensure the company stayed on track. Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17% of its head count.

  • Ola IPO | Bhavish Aggarwal likes walking down the Uber path, even to the Street Dec 10, 2019 03:05 PM IST

    Ola IPO | Bhavish Aggarwal likes walking down the Uber path, even to the Street

    Ola wants to go public in two years from the time Uber went public. While that may be in keeping with its desire to follow in its footsteps, it may be premature for Ola to tap retail investors.

  • Uber CEO Dara Khosrowshahi says he was wrong to call Khashoggi killing a 'mistake' Nov 12, 2019 07:59 AM IST

    Uber CEO Dara Khosrowshahi says he was wrong to call Khashoggi killing a 'mistake'

    Dara Khosrowshahi was backtracking from comments he made in which he compared Jamal Khashoggi's murder by Saudi agents inside the kingdom's Istanbul consulate to a fatality caused by one of his company's self-driving cars.

  • Uber CEO Khosrowshahi expects to ride developing market growth in next decade Oct 22, 2019 08:39 PM IST

    Uber CEO Khosrowshahi expects to ride developing market growth in next decade

    'If I look at Uber's growth over the next 10 years it's going to be defined by markets like India, Africa, the Middle East more so than the developed markets such as the U.S. and Europe,' Khosrowshahi said.

  • Uber tumbles 9% in rocky stock market debut May 10, 2019 09:45 PM IST

    Uber tumbles 9% in rocky stock market debut

    The lackluster market response comes against the backdrop of a spike in trade tensions between the United States and China and increased investor skepticism about the company's ability to turn profitable soon enough.

  • This Indian-origin executive is driving Uber's growth in New York Dec 13, 2018 03:27 PM IST

    This Indian-origin executive is driving Uber's growth in New York

    Sarfraz Maredia is driving Uber at a crucial moment when the cab aggregator is facing challenges in one of its largest markets: New York City

  • Quick take | How important is India for Uber's IPO to be successful? Dec 12, 2018 07:14 PM IST

    Quick take | How important is India for Uber's IPO to be successful?

    While Uber’s valuation is primarily linked to how well it sold its vision and growth prospects to its investors so far, its gross billing which comes from the total number of rides it completes also matters.

  • Global business leaders suspend ties with Saudi Arabia Oct 12, 2018 04:20 PM IST

    Global business leaders suspend ties with Saudi Arabia

    British billionaire Richard Branson on Friday suspended business links with Saudi Arabia, and Uber CEO Dara Khosrowshahi said he might not attend a major investment conference in the country this month amid reports that Jamal Khashoggi may have been killed at the Saudi consulate in Turkey's capital.

  • Uber executive resigns following probe into racial discrimination Jul 11, 2018 09:12 AM IST

    Uber executive resigns following probe into racial discrimination

    The resignation comes after Reuters contacted Uber on Monday about the previously unreported investigation into accusations from anonymous whistleblowers that Hornsey had systematically dismissed internal complaints of racial discrimination.

  • Uber will continue to invest aggressively in India: Dara Khosrowshahi Feb 22, 2018 06:47 PM IST

    Uber will continue to invest aggressively in India: Dara Khosrowshahi

    Khosrowshahi was brought in by Uber in August after Travis Kalanick resigned as the CEO of the firm.

  • Uber CEO Dara Khosrowshahi sees commercialisation of flying taxis in 5-10 years Feb 20, 2018 12:25 PM IST

    Uber CEO Dara Khosrowshahi sees commercialisation of flying taxis in 5-10 years

    The U.S. ride-hailing app maker has said it expects flying vehicles to eventually become an affordable method of mass transportation.

  • Uber CEO to visit Japan, India in February on charm offensive Jan 25, 2018 10:55 AM IST

    Uber CEO to visit Japan, India in February on charm offensive

    Khosrowshahi will visit Japan and India in the week of February 19 to meet with high-ranking government officials, regulators, business partners and employees, an Uber spokesman said.

  • SoftBank succeeds in tender offer for Uber shares Dec 29, 2017 08:30 AM IST

    SoftBank succeeds in tender offer for Uber shares

    The price is a roughly 30 percent discount to Uber's most recent valuation of $68 billion. The deal will trigger a number of changes in the way the board oversees the company, which is dealing with federal criminal probes, a high-stakes lawsuit and an overhaul of its workplace culture.

  • Uber names ex-Orbitz executive as COO Dec 21, 2017 10:35 AM IST

    Uber names ex-Orbitz executive as COO

    Barney Harford, who was CEO of online travel service Orbitz Worldwide Inc, will join Uber on Jan. 2 and will be tasked with overseeing global ride-hailing operations, marketing, customer support and the food delivery business. A familiar face at Uber, he been an adviser since October, Khosrowshahi said in an email to employees.

  • Uber-Waymo trial delayed as US judge raises prospect of 'cover-up' Nov 29, 2017 07:55 AM IST

    Uber-Waymo trial delayed as US judge raises prospect of 'cover-up'

    The multibillion-dollar case, in which Waymo has accused Uber of stealing confidential information about its self-driving car designs, has hobbled Uber's autonomous vehicle ambitions and is the highest-stakes legal challenge on a lengthy list of litigation that new Chief Executive Dara Khosrowshahi inherited when joining the company in August.

  • Culture Change: Uber's CXOs are now flying to India to meet cab drivers Nov 21, 2017 11:44 AM IST

    Culture Change: Uber's CXOs are now flying to India to meet cab drivers

    While building products, Uber's CXOs are now talking to driver partners in markets outside the US to find out what works and what doesn’t, a possible result of a change in the company culture.

  • Dial-an-Uber: Taxi app starts pilot in Pune to win users with limited web access Nov 17, 2017 05:32 PM IST

    Dial-an-Uber: Taxi app starts pilot in Pune to win users with limited web access

    The new initiatives are aimed at winning confidence in India from users who reside in small towns and have limited internet or smartphone access.

  • Uber boss Dara Khosrowshahi to meet London transport chief in bid to keep licence Oct 03, 2017 07:49 AM IST

    Uber boss Dara Khosrowshahi to meet London transport chief in bid to keep licence

    Transport for London (TfL), which runs and regulates the capital's transport system, shocked Uber last month by deeming it unfit to run a taxi service and refusing to renew its licence.

  • New Uber CEO to meet London transport boss next Tuesday Sep 29, 2017 02:23 PM IST

    New Uber CEO to meet London transport boss next Tuesday

    Regulator Transport for London (TfL) deemed Uber unfit to run a taxi service on September 22 and decided not to renew its licence to operate when it expires on Saturday, citing the firm's approach to reporting serious criminal offences and background checks on drivers.

  • Uber launches new cab segment called 'Premier' in Mumbai & Pune Sep 08, 2017 06:04 PM IST

    Uber launches new cab segment called 'Premier' in Mumbai & Pune

    The premier service will have the best-rated Uber drivers, who have completed at least 1,000 lifetime trips and have repeatedly been acknowledged by riders, the company said.

  • Uber officially welcomes Expedia's Dara Khosrowshahi as CEO Aug 30, 2017 12:46 PM IST

    Uber officially welcomes Expedia's Dara Khosrowshahi as CEO

    The board had already selected Khosrowshahi as Uber's next CEO in a vote on Sunday, two sources told Reuters. But the firm and its board had not spoken publicly on the decision until Tuesday evening Pacific Time, as contract negotiations were ongoing.

  • Expedia chief Dara Khosrowshahi named to lead Uber: Report Aug 28, 2017 09:06 AM IST

    Expedia chief Dara Khosrowshahi named to lead Uber: Report

    Khosrowshahi emerged as the leader among three finalists for the job during company board meetings over the weekend, the Times reported yesterday, citing two people familiar with the decision.

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