Technology can do wonders in payments when it works seamlessly, but when it doesn’t… Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Karhoo, the startup that was aiming to take on Uber in the ridesharing app market, has shut down after burning through its capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Uber is gearing up to launch an initial public offering at some point, which is expected to be red hot, but at least two Wall Street banks passed on selling private shares to high-net worth clients in January. Get the Full Story Complete the form...
Business Insider reported that Uber has unveiled a new, more streamlined version of its mobile app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Uber was dealt a blow in the U.K. when an employment tribunal ruled Uber drivers are workers instead of self-employed contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It’s a bird, plane — or an Uber? Not yet, but just you wait. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Uber is getting in the long-haul delivery business, launching a new unit called Uber Freight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Autonomous cars. Ride-hailing. Ride-hailing with autonomous cars. Can Tesla make a splash — and some money — by jumping into Uber's pool? Or is this the start of a race to the bottom, where already-tight margins get tighter (delighting consumers and possibly devastating investors)?
Uber Chief Executive Travis Kalanick revealed at the Vanity Fair New Establishment Summit that the company has 40 million monthly active riders and that the average amount riders spend per month is around $50. That gives the ride sharing startup company revenue of roughly $2...
