Uber Technologies, Inc. - UBER STOCK NEWS

Uber Technologies (NYSE: UBER) has announced that CFO Nelson Chai will participate in a fireside chat at the 2021 Evercore ISI TMT Conference on June 7, 2021, scheduled for 6:30 am PT (9:30 am ET). A live webcast of this event will be accessible via the investor relations section of Uber's website, ensuring investors can follow the discussion.

Uber aims to create opportunity through movement, having completed over 15 billion trips since its inception in 2010.

Uber Technologies (NYSE: UBER) announced that CEO Dara Khosrowshahi will participate in a fireside chat at the 2021 J.P. Morgan Technology, Media and Communications Conference on May 25, 2021, at 2:55 pm PT (5:55 pm ET). A live webcast will be accessible through the investor relations section of the Uber website. This event is part of Uber's ongoing commitment to engage with investors and share insights into the company's strategic direction.

Uber Technologies reported Q1 2021 financial results with gross bookings of $19.5 billion, a 24% YoY increase. Mobility gross bookings fell 38% YoY to $6.8 billion, while delivery bookings surged 166% to $12.5 billion. Revenue stood at $2.9 billion, impacted by a $600 million UK accrual, but grew to $3.5 billion without it. Uber incurred a net loss of $108 million, which included $281 million in stock-based compensation. Adjusted EBITDA improved by 41% YoY to $(359) million, showing potential for recovery. Unrestricted cash totaled $5.7 billion at quarter-end.

Uber Technologies and Gopuff have formed an exclusive partnership that will integrate Gopuff's everyday essentials delivery service into the Uber Eats app. This collaboration, launching in over 95 cities this June, marks a first for both companies, enabling Uber to enhance its grocery and essentials delivery offerings. Gopuff, known for its rapid delivery from 250+ fulfillment centers, will provide customers with various product categories. Uber Eats users will enjoy $0 delivery fees on Gopuff orders over $15, leveraging the substantial growth in demand for convenience and grocery delivery.

Uber Technologies (NYSE: UBER) and Walgreens have launched a new feature allowing users to book vaccination appointments and schedule Uber rides to those appointments via the Uber app. This initiative aims to eliminate transportation barriers for COVID-19 vaccinations across the U.S. Users will see a "Vaccine" option in the app, facilitating appointment scheduling and ride booking. The partnership has already facilitated free rides to vaccination clinics and includes the creation of a Vaccine Access Fund with an initial $11 million investment to assist underserved communities.

Uber announces a partnership with empowerDX to provide FDA-authorized at-home COVID-19 testing kits via on-demand delivery in over two dozen cities across the U.S. The kits, which can be ordered without a prescription, are covered by most insurance carriers and are designed for symptomatic and asymptomatic individuals. Results are typically available within 24 hours. This initiative aims to enhance access to COVID-19 testing and reflects Uber's commitment to addressing public health challenges amid the ongoing pandemic.

Marriott Bonvoy, the travel program of Marriott International (NASDAQ: MAR), has partnered with Uber (NYSE: UBER) to allow members to earn points on food deliveries via Uber Eats and select Uber rides. Members can earn six points per dollar spent on Uber Eats deliveries at Marriott hotels and three points per dollar on Uber XL, Comfort, and Black rides, with a minimum $25 spend. Users who link their accounts and complete a qualifying transaction by May 31 will receive 2,000 bonus points. This initiative aims to enhance member engagement while encouraging travel and everyday usage.

On April 12, 2021, PayPal (PYPL), Uber (UBER), and Walgreens (WBA) launched the Vaccine Access Fund, aimed at helping underserved communities access COVID-19 vaccinations. The coalition is contributing $11 million to cover free rides to vaccination sites. Customers can also donate directly through the Uber app. The initiative addresses transportation barriers, especially in communities hit hardest by the pandemic. Funds will be managed by the Local Initiatives Support Corporation (LISC) to enhance health equity.

Uber Technologies, Inc. (NYSE: UBER) is set to hold its quarterly conference call on May 5, 2021, at 1:30 p.m. PT to discuss its Q1 2021 financial results. The call will be available via live webcast on Uber’s Investor Relations website. A replay will be accessible for 90 days. Additionally, a Current Report on Form 8-K has been filed with the SEC, providing insights into recent business trends. Investors are encouraged to monitor the Investor Relations site for nonpublic material information and other company announcements.