“Always be hustlin’, ” was the credo of Travis Kalanick, co-founder and former boss of Uber. That mindset helped turn the company into the world’s largest ride-hailing platform, with operations in more than 70 countries and 10,000 cities. Its name has now become a commonly used verb. But while Uber hustled, investors had to be patient. Although founded 16 years ago, it first turned an annual operating profit only in 2023. Disrupting personal transport while fighting legal battles over flouted regulations and weathering sexual-harassment scandals proved tremendously costly.
Trending
- The wafer-thin iPhone Air is surprisingly strong
- The president was asked about tipping in restaurants—and gave a telling reply.
- Palestinian flag raised outside embassy in London after UK recognition | Israel-Palestine conflict News
- The Last Remaining Newspaper’s Obituary for David Duke, ca. 2033
- Dogecoin, Solana and Ethereum Plunge as Crypto Liquidations Near $1.7B
- Noni Madueke could be sidelined for Arsenal for long spell with knee injury | Arsenal
- Ronda Rousey ‘Finding My Love For’ MMA, Cris Cyborg Reacts amid UFC White House Buzz
- Trump heads to UN General Assembly as future of Palestinian state and Gaza likely to dominate