Uber surprised its investors with a quarterly loss and a projection that gross bookings fell short of analysts’ expectation that caused its shares to plunge by 9% and also suggesting that the ride-hailing and food delivery giant might be losing more than USD 10 billion in market value.

Uber shares take a dip hurting second quarter forecast

Uber Technologies Inc. is reportedly in the early stages of developing a new service, internally known as "Chore" which resembles TaskRabbit and offers app users the ability to hire individuals for various tasks beyond just driving and deliveries.

Uber expanding beyond rides, deliveries with 'chore' service: Report

Uber claimed that the case concerned only a ride-hailing app service in France which it no longer provides

Uber says will await final EU court ruling later this year