Uber Technologies, Inc. - UBER STOCK NEWS

Drizly, a leader in beverage alcohol e-commerce and an Uber company, has unveiled Drizly Ads, a comprehensive suite of advertising solutions aimed at connecting alcohol brands with consumers throughout their purchasing journey. This offering allows partners to utilize search, display, and custom ads, reaching high-intent shoppers across nearly 5,000 retailers in 35 states. Industry leaders like Moët Hennessy and Diageo have benefited from Drizly's existing advertising capabilities, and the new platform enhances these options, providing an omnichannel marketing approach for brands of all sizes.

Uber Technologies announced a multi-year partnership with Nuro for autonomous food deliveries across the U.S., starting in Houston, TX, and Mountain View, CA. The collaboration will leverage Nuro's zero-occupant electric vehicles designed for food and goods transport, aiming to enhance last-mile delivery efficiency. This initiative is expected to support local businesses and improve customer experience through faster delivery services. Uber Eats currently partners with over 825,000 merchants globally, aiming to innovate in autonomous mobility and delivery.

Uber Technologies, Inc. (NYSE: UBER) announced that CEO Dara Khosrowshahi will speak at the Goldman Sachs Communacopia + Technology Conference on Monday, September 12th, at 9:15am PT (12:15pm ET). An audio webcast will be available on the Uber investor relations website.

Uber, founded in 2010, aims to create opportunities through movement, having completed over 30 billion trips and continuously innovating to improve transportation.

Rokt has announced partnerships with Uber (NYSE: UBER) and AMC Theatres (NYSE: AMC) to enhance revenue opportunities through its ecommerce technology. The collaboration with Uber will initially focus on Uber Eats in the US, Canada, Australia, and Japan, aiming to bolster revenue at checkout. AMC has begun to see significant revenue gains via Rokt's platform, enhancing customer engagement and lifetime value. Rokt's technology processes billions of transactions, offering tailored experiences that enhance profitability.

On August 15, over 900 Office Depot and OfficeMax locations will be accessible for shopping through Uber Eats. This partnership allows consumers to order a variety of business and school essentials for delivery. Uber One members can enjoy a $0 delivery fee and a 5% discount with a minimum order of $15. The collaboration aims to provide on-demand delivery during the busy back-to-school season, enhancing consumer convenience. The promotion runs through September 10, fostering significant savings on popular school supplies.

Uber Technologies has announced an expansion of its partnership with The Body Shop, allowing for same-day delivery of beauty products through Uber Eats from 75 retail locations across the U.S., effective August 10, 2022. This initiative aims to meet the growing demand for on-demand shopping, offering over 2,000 products including popular items like Shea Body Butter and Ginger Shampoo. Uber One members can enjoy free delivery on orders over $15. This expansion enhances Uber's commitment to the retail and grocery sectors, targeting changing consumer shopping habits.

Uber Technologies, Inc. reported substantial growth in its Q2 2022 earnings, with Gross Bookings reaching an all-time high of $29.1 billion, a 33% year-over-year increase. Revenue rose 105% to $8.1 billion, exceeding the Gross Bookings growth due to a business model change in the UK and the Transplace acquisition. Despite a net loss of $2.6 billion, primarily from equity investments, Adjusted EBITDA improved to $364 million. The platform's monthly active consumers hit 122 million, reflecting a 21% increase YoY. Outlook for Q3 anticipates Gross Bookings between $29 billion and $30 billion.

Uber Technologies, Inc. (NYSE: UBER) will host its quarterly conference call to discuss Q2 2022 financial results on August 2, 2022, at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). Investors can access the live webcast and earnings release materials on Uber’s Investor Relations website. A replay will be available for at least 90 days. Uber emphasizes that its Investor Relations site is a primary means for disclosing material nonpublic information, urging investors to monitor it for updates.

DoubleVerify (NYSE: DV) announced the appointment of Sundeep Jain to its Board of Directors, effective July 1, 2022. Jain, currently Chief Product Officer at Uber (NYSE: UBER), brings over 20 years of experience from prominent companies including Google (NASDAQ: GOOG) and Zynga. He will serve on the Board's Compensation Committee. Jain's expertise in product innovation and technology is expected to enhance DV's growth and innovation trajectory in the digital media measurement sector.