Uber Technologies, Inc. (UBER)
Summary
Uber's Delivery Hero deal could strengthen cross-platform strategy
Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s planned acquisition of Delivery Hero (XETRA:DHER, OTCQX:DLVHF) could strengthen its cross-platform strategy and create additional opportunities to grow customer engagement, according to Jefferies, which highlighted the strategic benefits of the $14.8 billion transaction. Jefferies wrote that the combination could increase the value of Uber One and expand cross-selling opportunities across additional delivery markets.
Uber Technologies Sees Delivery Hero Deal Unlocking 50M Users and $1.2B in Synergies
Uber Technologies NYSE: UBER executives said the company's proposed acquisition offer for Delivery Hero is intended to expand its cross-platform mobility and delivery strategy into additional markets while remaining within Uber's financial discipline and capital allocation framework.
Uber's $14.8B Delivery Hero deal would nearly double its global footprint
After weeks of speculation, Uber officially agreed to acquire Delivery Hero, a purchase that will take the ride-hailing and delivery giant's status to new heights, and nearly 100 markets across Europe, the Middle East, Latin America, and Asia.
Uber Technologies, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 85,033 | $6.62M | $6.26M | -$358,187.6 | -5.41% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 437 | $16,398.84 | $32,163.2 | $15,764.36 | 96.13% |
| MSH Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 94,916 | $6.9M | $6.98M | $81,369.03 | 1.18% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 4,831 | $373,678.88 | $355,561.6 | -$18,117.28 | -4.85% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 19,193 | $638,755.22 | $1.41M | $773,849.58 | 121.15% |
Uber Technologies, Inc. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| KG Ken Gawrelski Wells Fargo | 460.28 | $33,333.33 | $33,140.75 | -$192.58 | -0.58% |
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Uber Technologies, Inc. Profile
| Software Industry | Information Technology Sector | Dara Khosrowshahi CEO | NYSE Exchange | 90353T100 CUSIP |
| 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.
