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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.

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Uber Technologies, Inc. announces Q1 2023 financial results with 19% YoY growth in gross bookings and all-time high EBITDA margins. Operating cash flow of $606 million and record free cash flow of $549 million.
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Uber Technologies (NYSE: UBER) has expanded its delivery offerings by partnering with Little Caesars, the third-largest pizza chain globally. This expansion enables delivery from thousands of Little Caesars outlets through the Uber Eats app across the United States. Customers can now order popular menu items, including the newly relaunched Pretzel Crust Pizza, with special offers for Uber One members, featuring up to 10% off and $0 delivery fees on eligible orders over $15.

Consumers can enjoy innovative features, such as group ordering and easy reordering, enhancing the convenience of their pizza delivery experience. This strategic partnership is expected to boost Uber Eats' user engagement and broaden Little Caesars' customer base, supporting Uber's goal of improving selection and reliability in food delivery services.

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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.

Uber Technologies, Inc.

NYSE:UBER

UBER Rankings

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