Nelson Chai

Uber Technologies Inc (NYSE:UBER) is bracing for a shift in its top brass with Chief Financial Officer Nelson Chai planning his exit — the most significant executive departure since the ride-hailing giant’s 2019 IPO. Chai, a seasoned financial veteran, had been instrumental in navigating Uber...

Uber Technologies (NYSE: UBER) is trading higher Tuesday after the company announced it narrowed its third-quarter gross bookings guidance and said it expects to deliver sequential adjusted EBITDA improvement in the fourth quarter. What Happened: Uber said it expects third-quarter...

Lyft Inc (NASDAQ: LYFT) is trading higher Tuesday in sympathy with Uber Technologies (NYSE: UBER) after the company announced it narrowed its third-quarter gross bookings guidance and said it expects to deliver sequential adjusted EBITDA improvement in the fourth quarter. Uber said...

In brief comments about the future of digital broker Uber Freight, the CFO of the parent company said the division already has hit its year-end targets on cost per load. At the Citi 2020 Global Technology Virtual Conference held earlier this month, CFO Nelson Chai said Uber Freight has "really...