Articles tagged “ride-sharing”

Uber Legal Chief Is Stepping Down as New CEO Sets Agenda

Uber Legal Chief Is Stepping Down as New CEO Sets Agenda

Eric Newcomer, Bloomberg

Before it can focus on becoming profitable, Uber needs to solve its legal problems. Clearly, its current approach hasn't been working and new leadership is necessary.

1 week ago

Uber Asian Rival Grab Adds Toyota as Investor in $2.5 Billion Funding Round

Uber Asian Rival Grab Adds Toyota as Investor in $2.5 Billion Funding Round

Yoolim Lee, Bloomberg

New Uber CEO Dara Khosrowshahi has many challenges to contend with, and one is Singapore-based ride-hailing company Grab.

3 weeks ago

Expedia CEO Starts New Job as Uber Boss Today

Expedia CEO Starts New Job as Uber Boss Today

Dennis Schaal, Skift

Khosrowshahi takes over a unicorn in Uber and will have the challenge of his life to get the ride-share company speeding along and toward an IPO with a trunk-full of controversies and problems. The choice of the next Expedia CEO to succeed him is indeed a critical one that will have far-reaching implications.

3 weeks ago

Uber-Rival Grab to Invest $100 Million in Mobile-First Myanmar

Uber-Rival Grab to Invest $100 Million in Mobile-First Myanmar

Yoolim Lee, Bloomberg

Grab's investment in Myanmar is part of its "hyper-local" focus as it leverages its SoftBank funding to pick its spots against Uber. Myanmar consumers are rapidly becoming mobile phone users after years of being shut out so Grab's entry is timely.

4 weeks ago

Ousted Uber CEO Plots a Comeback But it Is Not the Steve Jobs Kind

Ousted Uber CEO Plots a Comeback But it Is Not the Steve Jobs Kind

Brad Stone, Bloomberg

Can Kalanick mend his ways and reform Uber's toxic culture? Highly doubtful. Does he even want to? Uber's product teams are still functioning in a business-as-usual manner, but this mess won't get cleaned up until the CEO mess gets cleaned up.

1 month ago

Benchmark Files Lawsuit to Oust Former Uber CEO From Company Board

Benchmark Files Lawsuit to Oust Former Uber CEO From Company Board

Olivia Zaleski and Jef Feeley, Bloomberg

If Benchmark wins this lawsuit, gets Kalanick off the board, and thwarts any potential comeback as CEO, Uber can finally make a fresh start. That being said, Uber would not have gotten as far as it has come without the now-discredited former CEO.

1 month ago

Uber Operations Boss Ryan Graves to Step Down as Management Shakeup Heats Up

Uber Operations Boss Ryan Graves to Step Down as Management Shakeup Heats Up

Olivia Zaleski, Bloomberg

Ryan Graves was a key personality in the early days when Uber was trying to get its act together. Oh, wait, Uber is still trying to get its act together but Graves helped make Uber a global brand.

1 month ago

Uber App to Include Tipping Option as Part of Image Makeover

Uber App to Include Tipping Option as Part of Image Makeover

Michael Liedtke and Tom Krisher, Associated Press

Uber giveth and Uber taketh. The embattled company is taking small steps in the U.S. to improve things for drivers while getting more punitive in stiffening cancellation fees for riders. This company struggles at the seemingly easy things.

3 months ago

Will Uber Reboot? CEO Will Likely Be Forced to Take Temporary Leave

Will Uber Reboot? CEO Will Likely Be Forced to Take Temporary Leave

Heather Somerville and Joseph Menn, Reuters

It's a gargantuan task to turn around a company's culture especially when the CEO -- who might be forced into a temporary leave of absence -- still controls the company and would be poised to return.

3 months ago

Uber Board to Discuss CEO Leave of Absence and Report on Sexual Harassment

Uber Board to Discuss CEO Leave of Absence and Report on Sexual Harassment

Dennis Schaal, Skift

It's clear that Travis Kalanick, the embattled Uber co-founder and CEO, needs to go. Whether the board can push him out, given Kalanick's stake and leverage in the company, is another question.

3 months ago

Sharing Economy Tensions Lead to Torched Cars in Spain

Sharing Economy Tensions Lead to Torched Cars in Spain

Thomas Gualtieri, Rodrigo Orihuela and Maria Tadeo, Bloomberg

These kinds of clashes will be almost inevitable until workers being displaced by new technologies get adequate retraining and employment opportunities to make a transition.

4 months ago

Uber’s Growth Is Stalling Among U.S. Business Travelers

Uber’s Growth Is Stalling Among U.S. Business Travelers

Andrew Sheivachman, Skift

Even if its growth has slowed gradually, Uber still has a huge advantage over its rivals in corporate travel. Its global scale, as well, bodes well for Uber continuing to grow as an option for international business travelers.

5 months ago