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Uber (UBER) Q1 2025 earnings

Travel NewsMay 7, 202546Views

Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | Reuters Uber reported first-quarter results Wednesday that beat analysts' expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here's how Uber did…

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Delta to link loyalty program to Uber, ending partnership with Lyft

Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership…

January 8, 202592Views

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Uber offers robotaxi rides in Abu Dhabi, partnership with WeRide

Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. Uber is partnering with China's WeRide to offer autonomous vehicle rides in Abu Dhabi, the companies announced on Friday. To start, each WeRide robotaxi that's hailed via the Uber app will come with a human driver…

December 6, 202498Views

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Study Finds Gig Drivers Still Earn Less Than Minimum Wage. Is Using Uber and Lyft Ethical?

Corporations are squeezing Americans for more cash everywhere. We're all feeling it, especially at the grocery store and at the gas pump, even as the big companies in those industries rake in record or near-record profits. A new study compounds the growing accusations of corporate gouging with a finding that Lyft and Uber are paying…

May 21, 2024186Views

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Is Your Airport Hiding Big Uber and Lyft Fees from You?

It's impossible to be an informed consumer if you're not allowed to know exactly what you're paying for. Frommer's has found that a majority of airports in the United States that force mandatory passenger pickup fees for all rides on Uber, Lyft, and other ride-hailing apps—surcharges that are as high as $7 per trip—are not…

April 27, 2024203Views

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When This U.S. City Asked for a Living Wage, Lyft and Uber Said They’re Leaving Town

The newly installed CEO of Lyft, David Risher, has a contract that enables him to earn as much as $980 million if he can raise the value of the company's stock. Last year, Dara Khosrowshahi, Uber's chief executive, took home $24.3 million, an increase over the year before, according to company filings. Meanwhile, the city…

April 25, 2024613Views

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Uber and Lyft Cleaning Fee Scams: Beware Nauseating Vomit Fraud

There was a time when the only kind of vomit fraud you had to worry about involved plastic throw-up of the sort favored by practical jokesters. With the advent of ride-hailing apps such as Uber and Lyft, however, the oh-so-charming term vomit fraud has come to refer to false claims filed against app users by drivers…

March 20, 2024166Views