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...Yesterday, though, Dara Khosrowshahi of Uber wrote to defend the company’s buyback policy, which we’ve criticised recently. It’s a substantive comment, and we’ve included it below....
...About two years before his 2017 appointment as chief executive of Uber, Dara Khosrowshahi, then head of travel group Expedia, turned down the chance to invest in the fast-growing but scandal-tainted ride-hailing...
...(Ethan Wu) A reply to Uber’s Dara Khosrowshahi Regular readers will recall that I recently wrote several disapproving things about Uber’s buyback plan....
...Dara KhosrowshahiChief Executive, Uber Technologies, San Francisco, CA, US (This is a shorter version of a letter that ran in Unhedged on February 28)...
...The move is part of a long-term vision of chief executive Dara Khosrowshahi, who first talked about Uber becoming a wider travel platform in 2018....
...Uber chief executive Dara Khosrowshahi has received options to buy stock worth about $136mn after hitting a performance target to secure a $120bn valuation for the ride-hailing company....
...A recent performance-related bonus paid to chief executive Dara Khosrowshahi highlights the difference between the number of shares traded on markets and the fully-diluted total....
...Dara Khosrowshahi, chief executive, celebrated the results as “an inflection point for Uber, proving that we can continue to generate strong profitable growth at scale”....
...Uber chief executive Dara Khosrowshahi has received about $136mn in stock options after hitting a performance target, and Adani is working to push India’s military capabilities....
...Last year, chief executive Dara Khosrowshahi claimed that Uber was a business that could produce substantial sums of cash....
...Last week, the Financial Times reported that Uber’s staggering share price rise this year had resulted in boss Dara Khosrowshahi receiving options to buy stock worth $136mn....
...“Consumer demand on our platform remains healthy as we enter the busiest period of the year,” chief executive Dara Khosrowshahi said in a statement....
...One scoop to start: Uber chief executive Dara Khosrowshahi has received options to buy stock worth about $136mn after hitting a performance target to secure a $120bn valuation for the ride-hailing company...
...In Uber’s call with investors, chief Dara Khosrowshahi made several pointed references to the ride-hailing and food delivery company’s platform being driven by AI....
...Under chief executive Dara Khosrowshahi, Uber has pushed into businesses beyond its core ride-sharing and restaurant delivery segments, including grocery delivery and advertising, which has boosted margins...
...Dara Khosrowshahi just got about $136mn in stock options after hitting the performance target....
...Letter in response to this article:Uber buyback reflects a confidence its best days are yet to come / From Dara Khosrowshahi, Chief Executive, Uber Technologies, San Francisco, CA, US...
...“For most of our history profitable wasn’t the first thing that came up when you asked someone about Uber,” chief executive Dara Khosrowshahi admitted on a call with analysts....
...See also the way in which mild mannered Uber CEO Dara Khosrowshahi has smoothed over the problems left by his predecessor Travis Kalanick....
...Dara Khosrowshahi has come through on his promise to prioritise cash flow. Headcount has dipped and M&A is a rarity. The days of high spending on speculative business ideas are over....
...Markus Villig CEO, Bolt, Tallinn Will Shu CEO, Deliveroo, London Niklas Östberg CEO, Delivery Hero, Berlin Dara Khosrowshahi CEO, Uber, San Francisco Miki Kuusi CEO, Wolt, Helsinki...
...“Our robust outlook for Q2 extends our track record of delivering strong growth and profitability,” said Uber chief executive Dara Khosrowshahi on Tuesday....
...By squeezing out the company’s first operating profit this quarter, Dara Khosrowshahi, the former Expedia boss who took over six years ago, and Nelson Chai, who came in as chief financial officer to steer...
...Chief executives, including Uber boss Dara Khosrowshahi, and Markus Villig, the head of ride-hailing rival Bolt, this month warned in a letter to the Financial Times that employment conditions would take...
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