Uber rival Bolt valued at $1.9 billion, plans for coronavirus recovery

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Uber rival Bolt valued at $1.9 billion, plans for coronavirus recovery

Bolt CEO Markus Villig Bolt Bolt, a European competitor to Uber, says it’s now valued at 1.7 billion euros ($1.9 billion) after raising fresh funds, as it aims to rebuild…

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Coronavirus New York

Should Restaurants Fear Uber Eats?

A restaurant delivery worker rides his bike on April 18 in New York City. Photo: Cindy Orr/Getty Images Restaurants continue to reel from the devastating impact of the coronavirus. The…

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Coronavirus California

Coronavirus: Uber starts new initiative requiring drivers, riders to wear face coverings amid COVID-19

Uber started a range of new initiatives on Monday to keep drivers and passengers safe from coronavirus, including requiring all parties to wear a face covering. This rule is in…

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Coronavirus Connecticut

The Day – Uber to require all drivers and riders to wear masks starting May 18

Uber will require all of its drivers and riders worldwide to wear masks over their faces for the foreseeable future, Chief Executive Dara Khosrowshahi said Wednesday. Khosrowshahi made the announcement…

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Coronavirus South Carolina

Before You Go: Another SC university planing to reopen; Charleston cafe sues insurance company; Uber wants to eat Grubhub

click to enlarge Photo by Wes Hicks on Unsplash COVID-19 updates: The…

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Coronavirus Maryland

Uber considers buying Grubhub, according to newspaper report

Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports. Ride-sharing and food…

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Coronavirus Massachusetts

Uber considers buying Grubhub, according to newspaper report

NEW YORK (AP) — Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published…

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Coronavirus Texas

Uber considers buying Grubhub, according to newspaper report

NEW YORK – Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports.…

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Coronavirus Illinois

Uber Eats surges in Q1, and here's Uber's new profitability prediction

Uber’s core ride-hailing business suffered in the first quarter because of Covid-19, but the company expects its path to profitability will be delayed by a matter of quarters — not…

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Coronavirus Texas

Uber loses $2.9 billion, offloads bike and scooter business

NEW YORK – Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food…

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