Hints and tips:
...Uber created its own air taxi division called Uber Elevate in 2016, but sold it to Joby in 2020. The truth is that ambitious founders do not get to decide when an aircraft flies: regulators do....
...Whether it’s Gorillas, Klarna or big outfits like Uber, the mantra is now that companies need to get to profitability — and fast....
...Queues of tourists snake around the stone facade of the Louis Vuitton store on the Place Vendôme and Dior’s four-storey, two-month-old uber-flagship on the Avenue Montaigne, the most expensive monobrand...
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...So we’re looking at ways to be a resource with what Illinois has, volunteer drivers to try to cut down on the expensive costs for Ubers and Lyfts from the airport....
...“We think we can get the cost of this down to the equivalent of an Uber ride, equivalent to downtown Manhattan to JFK.”...
...UK to probe Uber’s Autocab dealThe Competition and Markets Authority has launched an investigation into Uber’s acquisition of the taxi technology company, Autocab, over fears the tie-up could limit competition...
...Email us at imani.moise@ft.com and sid.v@ft.com....
...Uber reported record gross bookings in March as rideshare demand reached its highest level since the start of the pandemic and the company’s food delivery business continued to thrive....
...Two years ago, Uber chose New York’s Mandarin Oriental to host its IPO lunch, while rival Lyft picked the St Regis. New York would be followed by Boston, then out to the west coast....
..., net of income taxes, (ii) net income (loss) attributable to non-controlling interests, net of tax, (iii) provision for (benefit from) income taxes, (iv) income (loss) from equity method investments, (v)...
...(FT) Coronavirus digest Russia will supply 300m doses of its Sputnik V vaccine to the African Union....
...Vladimir Putin said he would be vaccinated with the Sputnik V jab on Tuesday....
...Uber shares traded higher after hours on Thursday after the ride-hailing company promised profitability in the final quarter of this year, officials in London and Washington told the FT that Donald Trump...
...In the US, ride-hailing company Uber, exercise bike maker Peloton and cloud storage group Dropbox will issue their results....
...In other earnings news, the boost to Uber’s food-delivery service from the pandemic could not offset declines in its bigger rideshare business....
...Business groups and think-tanks are making a mistake to cast Uber v London as a totemic fight to preserve capitalism....
...After driving around in circles for more than ten minutes and still south of the river, our Uber driver has had enough. We've got out of the initial Uber....
...The ambition for the future is a passenger service to rival Uber....
...quarter, Amazon founder Jeff Bezos has announced a $10bn fund to help fight climate change following intense criticism over the e-commerce group’s own environmental impact, and a start-up touted as the “Uber...
...Uber falls as lock-up expires SoftBank is suffering more losses on its Uber investment today as the ride-hailing app's shares traded at a new record low, with early investors able to cash out at the end...
...DoorDash is the market leader, according to market data, and competes against Uber Eats, Grubhub, Postmates and several smaller players....
...A report by a Swedish research group called V-Dem found Taiwan was subject to more disinformation than nearly any other country, much of it coming from mainland China....
...Elsewhere on Wednesday, -- Uber: further to fall?...
...Time will resolve . . . and we will see a sharp V-shaped recovery,” Mr Son said....
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