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Here's Why Uber's Crown Taxi Acquisition Really Matters
UBER's Crown Taxi buy deepens its Taiwan footprint, aiming to boost service reach amid global expansion.
UBER's Deal With Wayve Furthers its AV Ambitions: Here's How
Uber prepares to test fully self-driving taxis on London's roads, in line with its objective to become a key player in the robotaxi market.
Uber set to unleash driverless cars on London next year
Uber Technologies Inc (NYSE:UBER, ETR:UT8) will launch its first self-driving taxi service in London in 2026 as part of a broader UK trial of autonomous transport, the company and the government announced on Tuesday. The pilot scheme will begin with safety drivers behind the wheel but aims to transition to fully driverless vehicles over time.
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Uber Technologies Inc. Profile
| Software - Application Industry | Technology Sector | Mr. Dara Khosrowshahi CEO | LSE Exchange | US90353T1007 ISIN |
| US Country | 31,100 Employees | - Last Dividend | - Last Split | 10 May 2019 IPO Date |
Overview
Uber Technologies, Inc. is a leading global technology company known for its proprietary applications that connect individuals with a variety of transportation, delivery, and logistics services. Established initially as Ubercab, Inc. in 2009, the company rebranded to Uber Technologies, Inc. in February 2011 and has significantly expanded its footprint outside its headquarters in San Francisco, California. Operating across the United States, Canada, Latin America, Europe, the Middle East, Africa, and parts of Asia, Uber is structured into three main segments: Mobility, Delivery, and Freight. Each segment is dedicated to offering innovative solutions that cater to the evolving needs of users and businesses around the globe.
Products and Services
- Mobility
- Delivery
- Freight
This segment connects consumers with various transportation options like ridesharing, carsharing, micromobility (such as scooters and bikes), rentals, and public transit solutions. It spans a wide range of vehicle types to suit different user needs, alongside offering financial partnerships and advertising services. Uber's Mobility services aim to make personal and public transport more accessible and efficient for everyone.
Uber's Delivery services facilitate users in discovering and ordering from restaurants, grocery stores, alcohol vendors, convenience stores, and other retail outlets through its user-friendly platform. This segment not only includes meal delivery but also extends to Uber Direct, which is a white-label delivery solution designed for retailers and restaurants wanting to offer delivery services under their brand. Additionally, Uber provides advertising opportunities within this segment to help businesses reach a wider audience.
Uber Freight connects shippers with carriers through a digital marketplace, simplifying logistics and shipping processes. This platform offers upfront pricing, easy shipment booking, and an on-demand system to automate logistics from start to finish. Whether for small to medium enterprises or global corporations, Uber Freight strives to make transporting goods more efficient and reliable with its innovative technology solutions.
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