UBER will buy Getir's Turkish delivery portfolio in phases, paying $335M cash for the food delivery business and investing $100M to expand grocery, retail and water delivery reach.
Uber Technologies UBER is actively diversifying its operations. Even though Uber’s primary business is ridesharing, it has diversified into food delivery over time. Diversification is imperative for ...
Autonomous delivery is moving from experimentation toward early commercialization as advances in AI, robotics and computing intersect with rising labor costs and urban congestion. Within this evolving ...
Uber Technologies (NYSE:UBER) is no longer seen as the underdog. After years of doubt regarding its ability to generate profit, the company has successfully silenced detractors and generously rewarded ...
Tigress Financial Partners reaffirmed its Buy rating on Uber Technologies Inc. (NYSE:UBER) on May 24 while raising its price target to $110 from $103. The firm’s analysts attribute Uber’s significant ...
Uber offers solid value with a reasonable P/E ratio and solid fundamentals, making it attractive compared to other tech stocks in today's market. AI initiatives present significant upside potential, ...
Optimist Fund, an investment management company, released its first quarter 2025 investor letter. A copy of the letter can be downloaded here. The first quarter was characterized by significant ...
Lucid Group, Inc.'s partnership with Uber Technologies, Inc. and Nuro to deploy 20,000 Gravity EVs as robotaxis is a major catalyst for delivery and sales growth. This deal addresses Lucid's biggest ...