Tag: über
“Uber announces a $7 billion stock buyback, a substantial gift to its shareholders”
EWas it a Valentine’s Day effect? As a message of love to its shareholders, perhaps. Very satisfied to see its losses seriously reduced in 2023 and in the expectation, finally,…
Rules for Uber or Deliveroo: Paris and Berlin are causing EU reform to fail
Rules for Uber or Deliveroo Paris and Berlin are allowing EU reform to fail February 16, 2024, 7:36 p.m The EU wanted to improve the rights of Uber drivers, food…
Adyen: French Uber customers will be able to use CB
(CercleFinance.com) – Adyen announced on Thursday that it would extend its partnership with Uber, whose French customers will now be able to use the CB network when processing their transactions.…
Market: Uber announces $7 billion share buyback after its first annual profit
(Reuters) – Uber announced on Wednesday a share buyback plan for an amount of up to $7 billion (6.54 billion euros), the first in the group’s history, encouraged by the…
Uber: $7 billion share buyback project
(CercleFinance.com) – Uber announces that its board of directors has authorized the repurchase of a maximum amount of $7 billion of the company’s common shares. ‘Today’s authorization for our first-ever…
Uber: price target raised at Jefferies
(CercleFinance.com) – Jefferies reiterates its ‘buy’ recommendation on Uber Technologies with a price target raised from 75 to 85 dollars, after the publication of a 10th EBITDA in a row…
Uber is profitable in 2023, a first since its IPO
(BFM Bourse) – The chauffeur-driven vehicle reservation platform posts annual accounts in the green for the first time since its IPO in May 2019. The chauffeur-driven vehicle (VTC) and meal…
Uber: new record EBITDA margin in the 4th quarter
(CercleFinance.com) – Uber Technologies publishes attributable net profit of $1.4 billion for the last quarter of 2023, as well as an adjusted EBITDA margin improving by 1.2 points to 3.4%…
Victory for French VTCs, Uber is fined 10 million euros for breaches of the GDPR
Corentin Béchade February 1, 2024 at 10:01 a.m. 0 A complaint by French drivers resulted in a fine against Uber © MOZCO Mateusz Szymanski / Shutterstock Bad surprise for Uber.…
Uber attacks Paris town hall for denying it access to emblematic streets
Uber intends to try everything to finally be able to drive on the streets which are currently prohibited to it. For several years, the VTC service has not been allowed…
Uber: BofA raises its price target
(CercleFinance.com) – Bank of America announced Tuesday that it had increased its price target on Uber from $68 to $73, while renewing its buy recommendation on the stock. After having…
Uber files an appeal against the restrictions imposed by the mayor of Paris on transport – 01/26/2024 at 6:21 p.m.
((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto)) Uber UBER.N announced on Friday that it had filed an appeal against the Paris town hall concerning the restrictions imposed on VTCs…