Dara Khosrowshahi

India becomes the third country in the world with a million Uber drivers

In the quarter ending March 31, Uber witnessed a 15% surge in global revenue from the previous year, reaching $10.13 billion

Adani hints at collaborations with Uber after meeting CEO Khosrowshahi

Billionaire Gautam Adani on Saturday met Uber CEO Dara Khosrowshahi, who is currently on a visit to India, and hinted at possible future collaborations between his conglomerate and the ride-hailing app. Taking to X, both business leaders appreciated their conversation on the Indian growth story and their vision for the subcontinent. "Absolutely captivating chat with @dkhos, CEO of @Uber. His vision for Uber's expansion in India is truly inspiring, especially his commitment to uplifting Indian drivers and their dignity. Excited for future collaborations with Dara and his team! #UberIndia," Adani said in a post on X. The Uber CEO said he met the head of ports-to-energy conglomerate over breakfast for an "absolutely terrific conversation". He also highlighted the mobility service provider's commitment to accelerate EV transition in India. Adani also posted pictures of the meeting but the two did not say where the meeting took place. The pictures seem to suggest the meeting took place

Is there a scary twist ahead in the Indian start-up story?

Cars24 laid off 600 workers, just days after Vedantu fired 424 employees. Y Combinator has asked founders of its portfolio firms to prep for the worst. Is there a twist ahead in the start-up story?

Uber Technologies to cut costs and slow down hiring, CEO tells staff

The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc

Uber posts net loss of $5.9 billion as Asia investment values fall

Khosrowshahi said Uber's driver base is at a "post-pandemic high" and that it expects engagement to continue "without significant incremental incentive investments."

Uber Technologies revenue jumps 83% to $5.8 billion as customers go out

Revenue rose 83 per cent to $5.8 billion in the period, the company said on Wednesday in a statement

Our business in India is in very solid shape: Uber CEO Dara Khosrowshahi

In an interview, KHOSROWSHAHI discusses with Surajeet Das Gupta the impact of the new social security code on the firm's driver partners and the performance of the firm after the lockdown in India

Uber trims a quarter of its India workforce, lays off 600 employees

The move is part of a global restructuring plan announced earlier by Uber CEO Dara Khosrowshahi in view of dwindling fortunes amid Covid-19 lockdowns in several countries, including India

Uber cuts 3,000 more jobs, closes offices amid coronavirus outbreak

Combined with the 3,700 employees in customer support and human resources, Uber dismissed earlier this month, the cuts now total about 25% of the total workforce. A spokesman said more cuts could come

Uber sees rides recovering from Covid-19 lows, banks on food-delivery biz

Uber reported it had seen encouraging signs in markets hit by the pandemic and posted a 14% rise in revenue for the first quarter, supported by a jump in food-delivery orders at its Uber Eats business

Uber to lay off 3,700 employees, 17% of workforce; CEO to forgo base salary

Uber and rival Lyft Inc have been under investor pressure to show profits but the coronavirus-led lockdowns have forced them to cut costs and withdraw their full-year financial outlooks

Uber's CEO Khosrowshahi vows to tackle Q2 losses, with help from India

Uber is one of the most prominent companies in the portfolio of SoftBank Group

Car ownership is a trap that can be prevented: Uber CEO Dara Khosrowshahi

He says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand

Delhi becomes first Asian city to get public transport feature from Uber

Once the users use this option, Uber will show the best three routes for using a metro or bus in the city

Cost cutting: 400 Uber employees lose job as company starts restructuring

The 400 jobs will be from the marketing team which has more than 1,200 workers

Uber to reinvest profits in tech for emerging markets like India, says CEO

The improvement of the company's financial performance comes after months of controversies, including allegations of sexual harassment and lawsuits from drivers and employees

SoftBank investments won't change dynamics: Uber CEO Dara Khosrowshahi

Khosrowshahi said the company had invested "a lot in India" and would continue to do so

I'm sorry for the mistakes we've made: Uber CEO tells London

CEO Khosrowshahi did not specify what mistakes Uber had made in London

New Uber CEO Khosrowshahi promises change, sees IPO in 18-36 months

Khosrowshahi said Uber needed to stabilise itself but also take what he called 'big shots'

What Dara Khosrowshahi must do to save Uber

If Mr. Khosrowshahi is to succeed, he'll have to do what his predecessor refused to do