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Uber Technologies, Inc. - UBER STOCK NEWS

Welcome to our dedicated page for Uber Technologies news (Ticker: UBER), a resource for investors and traders seeking the latest updates and insights on Uber Technologies stock.

Uber Technologies, Inc. (NYSE: UBER) is a global technology company headquartered in San Francisco. Primarily known for its ride-hailing services, Uber connects riders with drivers through its intuitive mobile app. With operations in over 63 countries and serving 150 million users monthly, Uber has significantly impacted how people move in urban settings.

Apart from taxi services, Uber's technology platform extends to food delivery through Uber Eats, which matches hungry customers with local restaurants. As part of its expansive vision, Uber is also pioneering autonomous vehicles, drone deliveries, and Uber Elevate for aerial ride-sharing, pushing the boundaries of conventional transportation.

Uber's recent strategic moves include a partnership with Lightspeed Commerce Inc., integrating Uber Eats and Uber Direct into the Lightspeed platform to enhance delivery options for merchants. Additionally, Uber's investment in Serve Robotics Inc., a company specializing in AI-powered delivery robots, showcases its commitment to innovative delivery solutions.

Financially, Uber has shown resilience and adaptability, consistently working towards diversifying its services and collaborations. These efforts position it as a pivotal player in the evolving landscape of smart transportation and delivery systems.

News

Uber Announces Proposed $1.2 Billion Convertible Senior Notes Offering

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Uber Technologies, Inc. (NYSE: UBER) proposes to offer $1.2 billion aggregate principal amount of Convertible Senior Notes due 2028 to qualified institutional buyers. The net proceeds will be used to fund capped call transactions, repay outstanding indebtedness, and for general corporate purposes.
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Drizly Debuts New Marketing Campaign and Launches Its First-Ever Gift Registry To Help People Find the Right Drinks for the Moment

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Drizly (NYSE: UBER) Launches 'What's It Gonna Be?' Campaign with New Gift Registry Experience Featuring Joel McHale. The company showcases its emphasis on helping consumers find the right drinks for any moment, including the holiday season. The campaign includes the introduction of the 'Drizly Drink Experts' and a multi-channel advertising campaign. The company is also teaming up with Joel McHale to launch the first-ever Gift Registry, allowing shoppers to handpick and share a personalized registry of beer, wine, and spirits.
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Uber Announces Results for Third Quarter 2023

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Uber Technologies, Inc. (NYSE: UBER) reported impressive financial results for Q3 2023. Gross bookings grew 21% YoY to $35.3 billion, and trips increased 25% YoY to 2.4 billion. Net income was $221 million, with an adjusted EBITDA of $1.1 billion. Uber also reached 142 million monthly active platform consumers and anticipates Gross Bookings of $36.5 billion to $37.5 billion for Q4 2023.
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Uber Announces Date of Third Quarter 2023 Results Conference Call

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Uber to hold quarterly conference call for Q3 2023 financial results
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Uber for Business and JetBlue Team Up to Help Customers Experiencing Major Flight Disruptions

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JetBlue partners with Uber for Business to offer complimentary Uber vouchers to customers experiencing qualified travel disruptions, aiming to ease the burden for travelers. The program is currently available in the US and will expand internationally. This partnership will streamline the customer experience and save time for JetBlue customers. No concrete positive or negative business takes affecting stock price were found.
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Uber Announces New Chief Financial Officer

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Uber announces Prashanth Mahendra-Rajah as new CFO, effective November 13, 2023.
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Uber Eats adds Staples to Deliver Office and School Products Nationwide

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Uber and Staples partner to bring on-demand shopping to Uber Eats platform, offering convenience for customers. Staples US Retail Stores now available for scheduled or on-demand delivery. Uber One members receive $0 Delivery Fee and up to 10% off Staples orders of $15 or more. Uber's commitment to retail and grocery delivery continues to grow.
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Oracle and Uber Co-innovate to Transform Last Mile Delivery in Retail

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Oracle and Uber announce Collect and Receive, a new offering on the Oracle Retail platform connecting retailers and consumers to enhance last mile delivery.
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Deliverect Partners with Uber Direct to Empower Restaurants to Enhance and Scale Delivery Operations

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Deliverect and Uber announce global partnership to help restaurants manage and grow delivery operations
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The Fresh Market and Uber Eats Partner for On-Demand Grocery Delivery

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Shoppers can now access same-day delivery of fresh foods and specialty items from The Fresh Market on the Uber Eats app. The Fresh Market debuts on Uber Eats with up to 50% off orders over $60. Uber has seen consistent growth in the U.S. grocery category through partnerships. No concrete business takes affecting stock price.
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FAQ

What is the current stock price of Uber Technologies (UBER)?

The current stock price of Uber Technologies (UBER) is $71.51 as of November 22, 2024.

What is the market cap of Uber Technologies (UBER)?

The market cap of Uber Technologies (UBER) is approximately 149.4B.

What is Uber Technologies, Inc. known for?

Uber Technologies, Inc. is best known for its ride-hailing services, connecting riders with drivers via a mobile app.

How many countries does Uber operate in?

Uber operates in over 63 countries worldwide.

What other services does Uber provide besides ride-hailing?

Besides ride-hailing, Uber offers food delivery through Uber Eats and is developing technologies for autonomous vehicles, drone deliveries, and aerial ride-sharing.

How many users does Uber have?

Uber has over 150 million monthly active users.

Where is Uber Technologies headquartered?

Uber Technologies is headquartered in San Francisco, California.

What is Uber Eats?

Uber Eats is a food delivery service that connects hungry customers with local restaurants.

What is Uber Elevate?

Uber Elevate is an initiative by Uber to provide aerial ride-sharing services.

What are some of Uber's recent strategic partnerships?

Uber has recently partnered with Lightspeed Commerce Inc. to integrate Uber Eats and Uber Direct into Lightspeed's platform.

What is Serve Robotics Inc.?

Serve Robotics Inc. is a company specializing in AI-powered, low-emissions delivery robots and is a strategic partner of Uber.

What are Uber's future technological aspirations?

Uber aspires to enhance its platform with autonomous vehicles, drone deliveries, and aerial ride-sharing services.

Stock UBER logo
Uber Technologies, Inc.

NYSE:UBER

UBER Rankings

#80 Ranked by Market Cap
N/A Ranked by Dividends

UBER Stock Data

149.42B
2.10B
0.18%
83.7%
2.36%
Software - Application
Services-business Services, Nec
Link
United States of America
SAN FRANCISCO