Uber Technologies, Inc. (UBER)
Uber Aims Munich Robotaxi Rollout Via Autobrains Deal: Upside Ahead?
UBER taps Autobrains and Nvidia to bring a robotaxi program to Munich, aiming for scalable, OEM-agnostic autonomous ride-hailing, pending approvals.
Navigating World Cup stadiums is going to be a logistical nightmare. Here's how Uber wants to help
Only weeks after announcing a slew of new offerings at its annual Go-Get event in New York, Uber Technologies is throwing more onto the pile ahead of the 2026 FIFA World Cup.
Uber Chooses Munich as AI Robotaxi Testing Ground
The announcement, which comes at the beginning of Nvidia's GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.
Uber and Autobrains target Munich for robotaxi rollout
Uber and Israel-based Autobrains said on Monday they plan to launch a robotaxi programme in Munich in collaboration with U.S. chipmaker Nvidia , marking a push to scale autonomous ride-hailing in Europe.
Uber raises Delivery Hero stake, increasing takeover odds
Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s increased stake in Delivery Hero (XETRA:DHER, OTCQX:DLVHF) and reported takeover approach could materially raise the probability of a full acquisition, while also introducing potential capital allocation and execution trade-offs that may temper near-term investor enthusiasm, according to Jefferies analysts. Uber has reportedly lifted its holding in Delivery Hero to 25% (37% including instruments), up from 19.5% previously, following disclosures tied to a recent voting rights filing.
Uber Technologies, Inc. (UBER) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
Uber Technologies, Inc. (UBER) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
Uber Grabs Bigger Delivery Hero Stake to Edge Closer to Takeover
Uber Technologies has increased its stake in Delivery Hero to 36.83% by buying Aspex Management's share of the German food delivery platform, Bloomberg reported Wednesday (May 27), citing a regulatory filing by Delivery Hero. The deal also raised Uber's voting rights attached to shares to 24.99%, according to the report.
Uber: Scaling For Profitability And Consolidation In Deliveries
Uber is becoming increasingly attractive as the stock now trades at around 12x forward cash flow. The most recent quarterly report confirmed once again that GAAP profitability will continue improving. Scaling the delivery segment is a major pillar in Uber's growth strategy, and a deal for Delivery Hero could be highly accretive for shareholders.
A Waymo car ended a ride early, then the company told the passenger to get an Uber
A Waymo customer said his car stopped before reaching his destination in San Francisco. Waymo support then suggested he order an Uber or Lyft ride to finish his trip.
Hotel Platform Mews Embeds Uber to Transport Guests and Staff
Hotels will be able to request, track and bill Uber rides within Mews' hotel operating system. This capability will be enabled by a new strategic partnership in which the companies will embed ride booking, real-time tracking and integrated billing into the platform, Mews said in a Tuesday (May 26) press release.
Uber, Lyft drivers in Massachusetts form first US ride-share union
Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the first officially recognized organization in the U.S. to represent such gig workers.
Uber Moves for DoorDash Rival With $11.6 Billion Offer
Uber has offered to buy Germany's Delivery Hero for around $11.6 billion.
