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Uber

Uber

Uber Technologies Inc. is a transportation network company (TNC) headquartered in San Francisco, California.

Uber Technologies Inc. is a transportation network company. Uber offers services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system.

The company operates in 785 metropolitan areas globally. Its platforms can be accessed through its websites and mobile applications.

Uber has an estimated 110 million worldwide users and a 69.0% market share in the United States. Uber is a gold member of the Linux Foundation and it has a five star privacy rating from the Electronic Frontier Foundation.

Uber is committed to becoming a fully electric, zero-emission platform by 2040, with 100% of rides taking place in zero-emission vehicles, on public transit, or with micromobility.

The company considers it as its responsibility as the largest mobility platform in the world to more aggressively tackle the challenge of climate change. In doing this, the company intends to offer riders more ways to ride green, helping drivers go electric, making transparency a priority and partnering with NGOs and the private sector to help expedite a clean and just energy transition.

Timeline

April 8, 2021
Uber Eats launches new Dine-In feature to allow diners to order in-person and pay via the app. at restaurants
April 7, 2021
Uber launches a $250 million "stimulus" of incentives for its drivers to coax them back behind the wheel.
February 26, 2021
PayPal and Uber Technologies, Inc. form a coalition to address barriers to COVID-19 vaccine equity.

The coalition announcement follows a call to action issued by the White House for corporations to help support national vaccination efforts.

February 2, 2021
Uber buys Drizly for $1 billion.

Uber on Tuesday announced it was buying alcohol-delivery service Drizly for $1.1 billion.

Drizly was founded in 2012 by three Boston college grads.

It attracted almost $120 million in venture funding.

The company went on to raise an estimated total of $119.6 million in venture funding, according to Crunchbase, which included big-check growth rounds from firms like Tiger Global Management and Avenir Growth Capital.

December 7, 2020
Uber announces the sale of its self-driving unit to autonomous vehicle startup Aurora in a move it said would accelerate the ride-sharing company's goal to achieve profitability.
October 11, 2020
Uber rolls out a new feature that lets you book a ride 30 days in advance.
September 2020
Uber raises a $500,000,000 venture round.
July 7, 2020
Uber launches new grocery delivery service in Toronto and Montreal
July 6, 2020
Uber announces plans to acquire Postmates for $2.65 billion in an all-stock transaction.

In a bid to expand its share of the U.S. food delivery market, Uber made an acquisition offer for San Francisco-based Postmates. At the time of the acquisition, Uber said it will continue to operate Postmates as a separate brand, but Postmates will utilize certain infrastructure and driver capacity developed by Uber. The transaction will need to be approved by U.S. regulators and is expected to be finalized in Q1 2021.

Wachtell, Lipton, Rosen & Katz served as legal counsel to Uber. J.P. Morgan Securities LLC served as financial advisor and Latham & Watkins LLP as legal counsel to Postmates.

July 2020
Uber announces that it would be selling the software that powers its ride-hailing business to transit agencies in Denver, Colorado; Cecil County, Maryland; and Porterville, California.
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June 9, 2021
Moneycontrol
The current round of hiring will strengthen the company'srider and driver growth, delivery, eats, digital payments, risk & compliance, marketplace, customer obsession, infrastructure, adtech, data, safety and finance technology teams, a Uber statement said.
Livemint
June 9, 2021
mint
The current round of hiring will strengthen the company's rider and driver growth, delivery, eats, digital payments, risk and compliance, infrastructure, adtech, data, safety and finance technology teams
Meagan Simpson
June 8, 2021
BetaKit
Canadian AI luminary Raquel Urtasun has moved on from Uber's self-driving unit and launched her own company with the goal of disrupting autonomous driving.
Kate Conger
May 30, 2021
www.nytimes.com
The companies say they are charging extra because they don't have enough drivers to match rebounding customer demand.
Kate Conger
May 30, 2021
www.nytimes.com
The companies say they are charging extra because they don't have enough drivers to match rebounding customer demand.
Kate Conger
May 28, 2021
www.nytimes.com
About 2,500 drivers in New York are organizing to create what they say is a better deal for drivers than what the ride-hailing giants offer.
Kate Conger
May 28, 2021
www.nytimes.com
About 2,500 drivers in New York are organizing to create what they say is a better deal for drivers than what is offered by ride-hailing giants.
Zee News
May 28, 2021
Zee News
Ride-hailing major Uber on Friday said its drivers testing positive for COVID-19 will receive a one-time payout of up to Rs 6,800 in partial earnings support for 14 days.
Tom Dotan
May 27, 2021
Business Insider
Uber's aggressive discounts to drive up rides on UberPool burned through hundreds of millions each year, sources tell Insider.
Sebastian Klovig Skelton
May 27, 2021
ComputerWeekly.com
Uber and GMB sign "landmark" collective bargaining agreement with no ability to negotiate on earnings, attracting criticism from smaller unions that it lacks teeth
Natasha Bernal, WIRED UK
May 27, 2021
Wired
The company's first-ever union agreement could distract from more changes that need to happen, both within the gig economy and governments.
Michael Cogley
May 27, 2021
Business Insider
Uber has faced numerous legal headaches in the UK. Now more than 10,000 taxi drivers are planning to sue the company for loss of earnings.
Hanna Ziady, CNN Business
May 27, 2021
CNN
Uber has recognized a labor union for the first time in a move that could boost efforts by gig economy workers to win better employment rights.
Kate Duffy
May 27, 2021
Business Insider
70,000 Uber drivers can now join one of the UK's largest trade unions, GMB, giving them more say over pay, pension, and support.
May 27, 2021
International Business Times UK
The changes in Britain have come as Uber has faced sliding driver bookings owing to the Covid-19 pandemic.
BBC News
May 26, 2021
BBC News
Trade union GMB can negotiate for drivers after it was recognised by the ride-hailing giant.
Tom Dotan
May 26, 2021
Business Insider
UberPool, one of Uber's cheapest options, was suspended during the pandemic. Insiders say the service will be almost unrecognizable when it returns.
Kirsten Korosec
May 24, 2021
TechCrunch
Uber and Lyft have officially started to offer free rides to anyone traveling to get a COVID-19 vaccine, two weeks after the ride-hailing companies announced an agreement with the White House to offer the program. The free rides will last through July 4, the date when President Joe Biden wants 70% of U.S. adults to [...]
The Wanderlust Group
May 18, 2021
www.prnewswire.com:443
/PRNewswire/ -- The Wanderlust Group (TWG), a technology leader in the marine and outdoor lifestyle industries that connects marinas and campground owners to...
Business Insider
May 12, 2021
Business Insider
Uber's original pitch deck from a decade ago shows just how much the ride-hailing giant has changed
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References

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