Uber Technologies, Inc. (UBER)
Uber and Waymo to end exclusivity arrangement in Atlanta and Austin
Uber and Alphabet's Waymo will end their exclusivity arrangement in Atlanta and Austin, Texas, in early 2028. The change reflects the traction Waymo has gotten in the robotaxi market in a number of U.S. cities.
Waymo reportedly mulling a breakup with Uber
Waymo is reportedly looking for a way out of its deal with Uber, which has made the Alphabet-owned company's robotaxis available on the ride-hailing giant's network in Austin and Atlanta, according to the Financial Times.
Do Uber AI Layoffs More American Jobs At Risk?
Uber (NASDAQ: UBER | UBER Price Prediction) laid off 10% of its customer service staff as part of what it said was an effort to “embrace artificial intelligence.
Why Uber Technologies (UBER) Dipped More Than Broader Market Today
Uber Technologies (UBER) concluded the recent trading session at $70.33, signifying a -1.71% move from its prior day's close.
Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
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 to acquire Delivery Hero in $14.8B deal to expand global delivery footprint
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) has agreed to acquire Delivery Hero (XETRA:DHER, OTCQX:DLVHF) in a cash takeover offer valued at $14.8 billion, as the ride-hailing and delivery company moves to expand its global food delivery operations. Under the terms of the agreement, Uber will offer Delivery Hero (XETRA:DHER, OTCQX:DLVHF) shareholders €41.50 per share in cash, representing an equity value of $14.8 billion for the company, or $13.7 billion adjusted for Uber's previous stake purchases.
Why Uber's Biggest Deal Yet Could Unlock Its Next Growth Phase
The gig economy once operated under a very simple, highly capital-intensive mandate: capture user market share at any cost. For years, mobility and delivery platforms set cash on fire to win individual zip codes.
Uber Eats Expands Retail Delivery Push With GameStop and Foot Locker Partnerships
Uber Eats has continued its expansion into deliveries of goods beyond meals by forming partnerships with gaming retailer GameStop and three footwear, apparel and accessories retail brands affiliated with Foot Locker.
How Uber, Delivery Hero and rivals stack up in global food delivery
Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition.
