Uber Technologies’ most recent fourth-quarter results, released Wednesday (Feb. 7), show increased cross-selling among members taking advantage of mobility and delivery, and increased use of the platform with a growing roster of users. Supplementals released by the company detail that the active consumers were up 15% year...
Uber Technologies Inc. said Thursday (July 16) it has acquired Routematch, a software company that collaborates with more than 500 transit systems worldwide. The companies declined to provide financial details of the deal. “This acquisition brings together Uber’s expertise in on-demand, global mobility technologies with...
Pandemics and economic slumps put business models to the test — and the most flexible business models may stand the best chance of rebounding most quickly from such headwinds. To that end, ride-hailing giant Uber Technologies is branching out into software — specifically, software as...
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on...
November 04, 2024
Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower the price of rides in one of its biggest markets. According to a Monday (Nov. 4) report from Bloomberg, Uber wants the city’s Taxi and Limousine Commission — which is […]
July 16, 2020
Uber Technologies Inc. said Thursday (July 16) it has acquired Routematch, a software company that collaborates with more than 500 transit systems worldwide. The companies declined to provide financial details...
October 15, 2014
In the battle of various mobile payment apps focused on the taxi space, one company tried to reform cabs by focusing on making operations better for cab drivers. That company,...
September 26, 2014
The District Attorneys of Los Angeles and San Francisco are threatening three prominent mobile ride services—Uber Technologies, Lyft and Sidecar—with injunctions and accused them of violating California law. The accusation...
