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CEO Dara Khosrowshahi says remote work took away some of Uber's best customers, but commuters are starting to come back
"There is an audience who kind of stopped using us as frequently as they used to," Dara Khosrowshahi said.
Uber CEO blames remote work for a significant loss
Uber ( UBER) CEO Dara Khosrowshahi is pointing his finger towards a negative effect of remote work. The CEO claimed during a recent earnings call that the trend has caused the company to lose some of its most loyal customers.
Uber's Q1: Revenue Up, But So Were Net Losses
Double-digit growth in Mobility and Delivery Gross Bookings metrics helped revenue top estimates. Adjusted EBITDA rose impressively, demonstrating operational efficiency. Forward guidance suggests management has continued optimism about Uber's growth potential.
1d
on MSN
Fake Uber Driver Wanted for Sexual Assault in California
Police in Clovis, California are hunting a man suspected of a sexual assault on a woman whilst he posed a rideshare driver in ...
12h
More EBITDA Losses at Uber Freight but Ron Touts Brokerage-TMS Integration
The EBITDA losses keep piling up quarter after quarter at Uber Freight, but President Lior Ron offered nothing but optimism ...
1d
‘Overprotective’ dad held gun on Uber driver bringing daughter home, Florida cops say
A family curfew violation spiraled into a life-threatening situation when a protective father pulled an AR-22 rifle on the ...
2d
on MSN
Investors in Uber and other gig companies could be hoping for a Trump win in November. Here’s why.
While Joe Biden and Donald Trump have similar stances toward some companies, such as buyout target U.S. Steel Corp. or ...
1d
Chicago man charged with attempted homicide and carjacking for stabbing Uber driver, taking SUV
Asked why he stabbed the Uber driver, the man said, "I don't know, making poor decisions," a criminal complaint states.
2d
on MSN
With quarterly revenue topping $5 billion, DoorDash, Uber push back on driver wage laws
The PayUp wage standard went into effect in January. Delivery apps are saying the new law requires them to pay drivers at ...
1d
on MSN
Uber, Lyft still say they'll leave Minnesota | Here's what happened during their exit in Austin, Texas
The two rideshare companies left Austin in 2016 over safety regulations and the new apps that followed failed.
MinnPost
2d
Two paths: A look at Uber and Lyft’s threat to leave Minnesota
The clock is once again ticking toward the possible exit of Uber and Lyft from not just the city, but the entire state.
1d
on MSN
Luxury Yacht Charters Rise as Uber Rich Eschew Buying Outright
Sales of luxury yachts may be down but the world’s megarich have found another, more instantaneous way to get their high seas ...
Impacts
20h
Path of Exile: Guide to the Uber Labyrinth
Path of Exile’s vast universe can captivate you for hundreds of hours, weaving through an intricate main story and a plethora ...
2d
on MSN
Uber, Doordash, and other gig workers in Seattle may be about to face a pay reckoning
Seattle's city council is considering replacing its PayUp law for gig workers after just three months.Under the proposal, ...
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