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Under the authorisation, the Wayve vehicles will still have a supervisor aboard each ride, with their hands off the wheel unless an intervention is required

Companies & Markets

Uber and Wayve win licences for supervised robotaxis in London

[LONDON] Uber Technologies and UK startup Wayve Technologies are preparing to launch their robotaxi service in London with a safety driver, getting out ahead of Waymo and Baidu’s planned rollouts.

2026-08-05T09:41:16.000Z

Analysts and investors believe even strong performance in Uber’s mobility and delivery segments will not be enough to send its shares back towards their peak.

Companies & Markets

Uber’s robotaxi ambition to face scrutiny as shares languish

The ride-hailing company is estimated to report a 13% year-on-year jump in Q2 revenue

2026-08-04T11:07:15.000Z

In June, Uber cut 23% of its so-called people division, representing less than 1% of its 34,000 global employees, after a new president took over.

Companies & Markets

Uber cuts 10% of customer service jobs, citing ‘embrace’ of AI

This is its second round of reductions in under two months and the first time the firm has tied layoffs to AI efficiency pushes

2026-07-23T00:24:43.000Z

The move is part of the US ride hailing firm’s efforts to widen its food delivery network abroad.

Uber launches US$14.8 billion takeover bid for Delivery Hero

[BERLIN] Uber on Thursday (Jul 16) launched a public takeover offer for Delivery Hero that values the German food delivery company at around US$14.8 billion, as part of the US ride hailing firm’s effo...

2026-07-16T06:38:35.000Z

Uber has already built a shareholding in Delivery Hero of 24.99 per cent, plus derivatives that take its total interest to about 36.8 per cent.

Uber said to be in advanced talks on Delivery Hero takeover

Uber aims to reach an agreement with Delivery Hero as soon as this week

2026-07-14T15:30:00.000Z

Earlier in the year, Uber said it planned to expand its food delivery business into seven new European markets.

Companies & Markets

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal: FT

The American firm has shelved launches in five of the seven countries it had targeted for growth in 2026

2026-07-05T05:32:53.000Z

"Uber is a serial compliance offender," whose reputation has been "irredeemably damaged" by negative media coverage, the complaint said.

Transport & Logistics

Uber board sued over alleged ‘serial’ compliance failures, sexual abuse lawsuits

Its board has been told repeatedly that fewer than 40 per cent of users believe the company takes safety seriously

2026-06-22T16:19:34.000Z

Uber has about 10 million drivers, most of whom are classified as independent contractors.

Companies & Markets

Uber cuts 23% of people division as new president takes charge

The layoffs represent less than 1% of the ride-share company’s global workforce

2026-06-03T15:04:21.000Z

Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero.

Transport & Logistics

Uber explores Delivery Hero takeover to fight DoorDash globally: sources

The ride-hailing giant has been making acquisitions overseas to strengthen its position internationally

2026-05-23T07:42:35.000Z

While Rivian has not launched a robotaxi yet, it unveiled its first custom computer chip for self-driving in December.

Transport & Logistics

Uber to invest US$1.3 billion in EV-maker Rivian as part of robotaxi deal

The ride-hailing company will initially invest US$300 million and fund the remaining amount until 2031

2026-03-19T13:04:10.000Z

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