The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.
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A federal jury in Phoenix has found Uber to be liable for the sexual assault of one of its passengers, potentially setting a precedent for more than 3,000 similar cases consolidated in US federal court. As part of the verdict, Uber has been ordered to pay $8.5 million in damages to the victim, Jaylynn Dean, […]
Uber is promoting Balaji Krishnamurthy, its VP of strategic finance and investor relations, to be its CFO, replacing its current finance chief Prashanth Mahendra-Rajah.
Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion i…
Uber has teamed up with Nvidia and Mercedes-Benz to bring driverless S-Class robotaxis to select cities.
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Waabi, the Toronto-based autonomous trucking startup, is expanding its portfolio to include robotaxis. And it’s bringing Uber along for the ride. Raquel Urtasun, the former chief scientist at Uber’s now defunct Advanced Technologies Group, founded Waabi in 2021 to be a more “AI-centric approach” to autonomous vehicles. That approach initially focused on trucking, with Waabi […]
Waabi has secured a $750 million Series C round to accelerate autonomous trucking, and another roughly $250 million commitment from Uber to deploy 25,000 robotaxis exclusively on its platform.
By Rotation, one of the U.K.’s most popular peer-to-peer fashion rental platforms, is partnering with Uber to deliver ski clothes.
Data collected and analyzed by Obi suggest a shift is underway.