Ride hailing firm, Uber has said that it is proud of its achievements in its five years of operations in Africa. The company, which clocked five recently, stated that it had since amassed 1.3 million riders....
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SoftBank’s big deal with Uber has closed: The firm now owns about 15% of shares in the ride-sharing company, purchased at a 30% discount. SoftBank will also invest $1.25 billion into Uber directly. Former Uber CEO Travis Kalanick is said to be making $1.4 billion off this deal, with influential...
Uber co-founder and former CEO Travis Kalanick is planning to sell a third of his 10 percent stake in the company for about $1.4 billion, a person familiar with the matter told Bloomberg. Kalanick, who stepped down from his role last June amid pressure from investors, is selling his shares to...
Uber Founder, Travis Kalanick has resigned as chief executive officer.
Kalanick's resignation comes after a months-long investigation led former U.S. Attorney General Eric Holder, after a female former employee publicly accused the company of what she described as brazen sexual harassment...
Jeff Jones, the president of the embattled ride-hailing company Uber, has resigned just six months after taking the job.
Uber on Sunday confirmed Jones' resignation and issued a brief statement: "We want to thank Jeff for his six months at the company and wish him all the best."
Jones'...
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