Techmeme

Results 1 - 10 of about 55:

Bloomberg:
Sources: Lyft forecast a $130M loss and $800M in gross bookings for Q1, and booked 22.8M rides in February after #DeleteUber, up 137% YoY   —  The No. 2 U.S. ride-hailing provider has seized on Uber's recent troubles  —  Lyft Inc.'s bookings and ridership surged in the first quarter …
Apr 27, 2017, 12:52 PMIn context
Eric Newcomer / Bloomberg:
Uber shares Q4 2016 numbers: gross bookings up 28% QoQ to $6.9B, net revenue up 74% QoQ to $2.9B, net loss up 5% to $991M   —  The ride-hailing giant opens up its books for the first time in an interview with Bloomberg.  —  by  —  Uber Technologies Inc. isn't required to report its finances publicly …
Apr 14, 2017, 2:17 PMIn context
Eric Newcomer / Bloomberg:
Sources: Munchery seeks to raise up to $15M to recapitalize, has already raised $5M+ from existing investors Menlo Ventures and Sherpa Capital   —  The food delivery startup is recapitalizing, devaluing the stakes of many early investors.  —  The food delivery startup Munchery Inc. has raised …
Mar 29, 2017, 8:45 PMIn context
Bloomberg:
Uber suspends self-driving car testing following Arizona crash involving one of its cars; police say the Uber car was not at fault, another car failed to yield   —  A self-driving car operated by Uber Technologies Inc. was involved in a crash in Tempe, Arizona, the latest setback for a company reeling from multiple crises.
Mar 25, 2017, 2:30 AMIn context
Bloomberg:
Sources: Uber denied recruiters access to its demographic data, hindering its diversity efforts, and plans release of its first diversity report next week   —  Under pressure from harassment and sexism allegations, the ride-hailing giant is rethinking its approach to hiring.  —  by
Mar 24, 2017, 9:55 PMIn context
Eric Newcomer / Bloomberg:
Tumult at Uber, including the departure of president Jeff Jones, has complicated the COO search; source says Tim Armstrong and ex-Walt Disney COO in contention   —  Jeff Jones, who resigned as president, clashed with the CEO and unsuccessfully advocated for in-app tipping and other changes.  —  by
Mar 21, 2017, 2:10 PMIn context
Eric Newcomer / Bloomberg:
Dashcam video showing Uber CEO Travis Kalanick lecture “bankrupt” driver about “responsibility” emerges at difficult moment for the company   —  Travis Kalanick tells a driver to take responsibility for his problems and boasts about a tough culture.  —  by
Feb 28, 2017, 7:00 PMIn context
Eric Newcomer / Bloomberg:
Sources: Uber employees of four or more years can sell up to 10% of their shares, paid out over many months if they remain with the company   —  With no public offering imminent, the $69 billion ride-hailing startup is buying back shares from longtime staff.  —  by
Feb 16, 2017, 11:25 AMIn context
Bloomberg:
Some Uber drivers in the US are sleeping in their cars so they can drive in cities with higher fares that are far away from their home, maximizing work hours   —  In the 1970s, the Safeway grocery store in San Francisco's gleaming Marina neighborhood, known as the Social Safeway, was a cornerstone of the pre-Tinder dating scene.
Jan 24, 2017, 7:00 AMIn context
Eric Newcomer / Bloomberg:
Munchery CEO James Beriker says company's co-founders Tri Tran and Conrad Chu will leave at end of the month; sources say company to cut about 30 employees   —  The reductions affected chefs, photographers, and the business side  —  Food delivery startup Munchery cut about 30 employees this week.
Jan 11, 2017, 8:25 PMIn context

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