Keywords: Uber
Uber has reached an agreement to acquire German food delivery company Delivery Hero in a deal valued at approximately €12.7 billion, marking one of the largest transactions in the global on-demand delivery industry. The acquisition is expected to expand Uber's international presence in food......
Uber has reportedly suspended most of its planned expansion of Uber Eats across Europe as the company focuses on its proposed acquisition of Delivery Hero, according to a report by the Financial Times. The move marks a significant shift in Uber's European growth strategy just months after it unveiled......
The electric micromobility company Lime, backed by ride-hailing giant Uber, is preparing to raise up to $180.9 million through an initial public offering in the United States, according to a regulatory filing released on Monday. The planned offering marks a significant step for the urban mobility operator......
Britain’s tax authority has won a key appeal in a legal dispute with the Estonian ride-hailing and food delivery company Bolt, a ruling that could also have implications for its competitor Uber. The case concerned whether Bolt should apply 20% value-added tax (VAT) to its service fees or to the......
Uber has opened registrations for users in London who want to try its upcoming robotaxi service, which is expected to launch in the coming months pending regulatory approval. The ride-hailing company announced that its first autonomous vehicle service in the UK will be powered by artificial intelligence......
In a historic development for the gig economy in the United States, ride-share drivers working for companies such as Uber and Lyft have officially formed a union in Massachusetts. This marks the first time such workers have gained state-recognized collective representation in the country. The newly......
Shares of Delivery Hero climbed sharply on Monday after reports emerged that Uber had submitted an indicative acquisition proposal for the German-based delivery group. The news pushed Delivery Hero’s stock price to its highest level in approximately eighteen months, reflecting growing investor......
Major food delivery companies Uber and DoorDash are reportedly exploring the possibility of a takeover bid for German delivery platform Delivery Hero as competition intensifies in the global food delivery sector. According to financial media reports, the two American companies have initiated preliminary......
Uber is continuing its expansion beyond road transport with a new move into maritime leisure services. Starting in mid-June, the company will launch “Uber Boat” in France, a boat rental service with a skipper, directly accessible through its mobile application. Already active in ride-hailing......
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