Uber Technologies, Inc. - UBER STOCK NEWS

Uber Technologies announced a partnership with Bed Bath & Beyond and buybuy BABY to introduce a new baby and kids vertical in the Uber Eats app. This feature enables parents to order essential items for their families with ease. Starting November 1, 2021, products from nearly 120 buybuy BABY and over 750 Bed Bath & Beyond locations will be available for on-demand delivery. To celebrate, Uber is offering $20 off orders of $60 or more until November 11. Additionally, Uber is donating $200,000 to Baby2Baby, a nonprofit that provides essential items to children in need.

Hertz and Uber are launching a partnership to enhance electric vehicle (EV) availability in the U.S. by offering up to 50,000 Tesla rentals for Uber drivers by 2023. Starting Nov. 1, rentals will be available in major cities including Los Angeles and San Francisco, with plans for nationwide expansion. This collaboration supports Uber's goal of zero-emissions mobility and Hertz's commitment to electrification. Drivers renting Teslas will benefit from financial incentives and access to charging networks. The program could expand to 150,000 vehicles in the next three years, though external factors may affect plans.

Uber (NYSE: UBER) and Wallbox N.V. (NYSE: WBX) announced a strategic partnership aimed at easing the transition to electric vehicles (EVs) for Bay Area rideshare drivers. This aligns with Uber's commitment to becoming a zero-emissions mobility platform by 2030. Wallbox will offer discounted charging solutions, including the widely popular Pulsar Plus charger, designed for home installations. The Bay Area was selected for a pilot program due to favorable property conditions for EV charging. Success could lead to broader availability across the US and globally.

Uber Technologies, Inc. (NYSE: UBER) has finalized the acquisition of Drizly for approximately $1.1 billion, comprising around 18.7 million newly issued Uber shares and cash. This strategic move aims to enhance Uber Eats by integrating Drizly's alcohol delivery services, which have seen a 200% surge in consumer demand over the past year. Drizly, the leading on-demand alcohol marketplace in North America, will continue to operate its app while being featured on Uber Eats. This acquisition is expected to broaden Uber's service offerings and geographic reach.

Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call on November 4, 2021, at 2:00 p.m. PT to discuss its third quarter financial results. A live webcast will be available on Uber's Investor Relations website, with a replay accessible for 90 days. The company emphasizes using its website for disclosing material information in compliance with Regulation FD. Founded in 2010, Uber aims to create opportunities through movement, facilitating over 25 billion trips and transforming urban mobility.

Uber Technologies, Inc. (NYSE: UBER) has launched its first official Holiday Shop on the Uber Eats platform, starting October 1, 2021. This initiative allows customers in Los Angeles, San Diego, and West Palm Beach to order Halloween-themed items for delivery. The shop will feature a selection of products, including pumpkin decorating kits and carving kits, with prices ranging from $5 to $25. The Holiday Shop aims to enhance the convenience of seasonal shopping while supporting a family-owned business. Uber Pass holders will receive $0 delivery fees on eligible orders over $15.

UATP and Uber for Business have formed a strategic partnership, allowing UATP corporate account holders to use their accounts for rides and meals through Uber Wallet. This integration aims to streamline payments for corporate travelers, consolidating expenses within a single platform. Uber, operational in 71 countries, will benefit from a new source of global corporate travelers, enhancing its service offerings. This collaboration is anticipated to improve operational efficiency for both companies and enhance the overall customer experience.

Bartell Drugs has partnered with Uber Technologies (NYSE: UBER) to enhance on-demand delivery services in the Puget Sound region. Customers can now order healthcare and grocery products from all 67 Bartell's locations via Uber Eats. This initiative ensures quick delivery and includes perks for Uber Pass and Eats Pass subscribers, such as $0 delivery on certain orders. This partnership aligns with Uber's strategy to provide convenience in shopping, reinforcing its goal to facilitate access to essential products for consumers. Bartell Drugs is owned by Rite Aid Corporation, which also expands its delivery network with Uber.

Rite Aid (NYSE: RAD) has expanded its partnership with Uber Technologies, Inc. (NYSE: UBER) to provide nationwide delivery of Rite Aid products via Uber Eats. This initiative allows customers to order essential healthcare and grocery items from 2,185 Rite Aid locations across 17 states. The service features no delivery fees for Uber Pass and Eats Pass holders, in addition to discounts on orders over $15. This collaboration aims to enhance customer convenience and reflects changing consumer shopping habits.