Grab's poor stock performance doesn't reflect its operational progress; it's following Uber's successful playbook in mobility. Uber's dominance in ride-hailing is due to its supply-led strategy, which Grab is also adopting in Southeast Asia. Grab's growth is hindered by competitive markets, but its dual focus on supply and demand aggregation offers long-term potential.
The wild market volatility being driven by Trump tariffs and trade wars has caused many fundamentally strong stocks to get dumped along with the weak ones. This indiscriminate and disjointed selling always presents opportunities to get in on strong companies at lower prices.
Uber has launched an “interest list” for riders wishing to use its Atlanta robotaxi service. Customers based in that city can sign up for the wait list beginning Tuesday (April 15) to boost their chances of getting matched with an autonomous vehicle (AV) operated by Google-owned Waymo, the company said in a statement provided to PYMNTS.
Uber is inviting customers in Atlanta to join a list if they're interested in hailing a Waymo robotaxi as the companies prepare to launch a commercial service in the city.
Uber (UBER) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Has the market's recent setback got you a bit rattled? It's understandable if it does.
Uber Advertising launched a partnership with Instacart's Carrot Ads. Via the collaboration, Uber will use Carrot Ads in the United States to extend the reach of Uber Eats' Sponsored Items formats to consumer packaged goods (CPG) advertisers, according to a Thursday (April 10) press release.
Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
With earnings estimates northbound for UBER, we assess the stock's investment worthiness currently.
Uber (UBER -7.57%) hasn't been the easiest business to own. Its shares have taken investors on a winding journey full of ups and downs.
When it comes to ride-sharing in the U.S., there are only two choices for consumers and investors: Uber (UBER 0.24%) and Lyft (LYFT 2.99%).
In the U.S., Uber Technologies (UBER 0.25%) and DoorDash (DASH 0.25%) dominate the food delivery business. Of the two, DoorDash claims the most market share in online food delivery, placing it far ahead of Uber Eats and likely leading some investors to assume that it could be an obvious choice between the two.