Uber News news and trends

SoftBank Takes Another Run At Acquiring Uber Stake
Ridesharing // September 13, 2017

SoftBank has gotten one step closer to acquiring a considerable stake in Uber, as the ride-hailing company will soon formally offer some of its shares to investors in exchange for billions of dollars from SoftBank. According to a news report from Recode, this next phase...

Westfield Malls To Have Designated Uber Drop-Off/Pick-Up Location
Ridesharing // September 04, 2017

Westfield Corp., the real estate development company, and ridesharing company Uber announced news on Friday (Sept. 1) of a national partnership. In a press release, the companies said Westfield Corp. will have designated drop-off and pick-up stations for Uber vehicles at every one of its...

Uber Predicts IPO In 18 Months As Lawsuit Goes To Arbitration
Ridesharing // August 31, 2017

Uber’s new CEO, Dara Khosrowshahi, said during his first appearance in front of the company’s employees that he has set a timeline for an IPO of between 18 and 36 months. The news comes on the same day a court ruled that Benchmark’s lawsuit against...

Expedia’s CEO Confirms He’s The New Uber CEO
Ridesharing // August 30, 2017

In Uber news, Expedia chief executive officer Dara Khosrowshahi confirmed Tuesday (Aug. 29) he will become the new chief executive of ridesharing company Uber Technologies. In an interview with The Wall Street Journal, Khosrowshahi said while the contract is not finalized as of yet, he...

Quick Reads
Uber’s UK Head Departs

October 03, 2017
In Uber news, the ride-hailing service’s U.K. head has stepped down just as the company is gearing up to meet with London’s transport regulator and have its license in the city renewed. According to a report in Reuters, citing an email seen by the news agency, Jo Bertram, Uber’s Northern European manager, announced she will exit […]

SoftBank Takes Another Run At Acquiring Uber Stake

September 13, 2017
SoftBank has gotten one step closer to acquiring a considerable stake in Uber, as the ride-hailing company will soon formally offer some of its shares to investors in exchange for...

Westfield Malls To Have Designated Uber Drop-Off/Pick-Up Location

September 04, 2017
Westfield Corp., the real estate development company, and ridesharing company Uber announced news on Friday (Sept. 1) of a national partnership. In a press release, the companies said Westfield Corp....

Uber Predicts IPO In 18 Months As Lawsuit Goes To Arbitration

August 31, 2017
Uber’s new CEO, Dara Khosrowshahi, said during his first appearance in front of the company’s employees that he has set a timeline for an IPO of between 18 and 36...