Save A Lot shoppers can now leverage Health Benefits to shop on the Uber Eats and Postmates apps as more stores join the Uber marketplace this summer SAN FRANCISCO, June 18, 2024 /PRNewswire/ -- Today, Uber Technologies, Inc. (NYSE: UBER) announced the start of a new partnership with St. Louis-based Save A Lot, one of the country's largest discount grocers with more than 600 independently owned grocery locations serviceable by Uber across 32 U.S. states. Over 150 Save A Lot stores will kick off the partners ...

Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi's latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital arm of Volvo. Many firms are working on self-driving vehicles, but Toronto-based Waabi believes too many developers rely on people to think about everything that could go wrong on the road, using large fleets to ...

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. (TSX:STCK) is pleased to announce that Omio, Inc. ("Omio"), an existing portfolio holding and leading global platform for booking trains, planes, buses, and ferries, recently announced the extension of its strategic partnership with Uber Technologies, Inc. (NYSE:UBER) into Spain. Building on the success of its previous collaboration with Uber in the UK, the recent launch of Uber Train across Spain continues to redefine the landscape of mult ...

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. (TSX:STCK) is pleased to announce that Omio, Inc. ("Omio"), an existing portfolio holding and leading global platform for booking trains, planes, buses, and ferries, recently announced the extension of its strategic partnership with Uber Technologies, Inc. (NYSE:UBER) into Spain. Building on the success of its previous collaboration with Uber in the UK, the recent launch of Uber Train across Spain continues to redefine the landscape of mult ...

SAN FRANCISCO, June 13, 2024 (GLOBE NEWSWIRE) -- Uber for Business, Uber's enterprise arm, today announced it is now the exclusive rideshare solution for RedCap by Solera, a leading software company enhancing automotive service processes in dealerships nationwide. The new rideshare integration enables RedCap customers to arrange on-demand rides through Uber for Business. In addition to rideshare, RedCap customers can request parts deliveries via Uber Direct, Uber's on-demand local delivery solution. Uber is ...

Loading... Loading... Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. ...

Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company’s challenge to a California law that could force it to treat drivers as employees rather than independent contractors will have no impact. “While today the 9th Circuit decided to leave AB5 intact, Uber drivers and couriers remain independent as a result of Proposition 22, which preserves their flexibility while providing them with important new benefits,” Uber said in a statement emailed to PYMNTS. “This decision does not ch ...

Editor's note: Seeking Alpha is proud to welcome Johannes Kirchmayr, CFA as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Hiroshi Watanabe Investment Thesis I initiate coverage on Uber (NYSE:UBER) with a HOLD rating as I find that Uber is fairly valued in line with industry peers at median of 3.2x EV/Sales TTM. Furthermor ...

Jason Hawkes Investment thesis Uber (NYSE:UBER) reported 1Q24 earnings in early May, and I maintain my buy rating after the results. The investment thesis I proposed back in April is still at play, in spite of investors’ disappointment in Uber this quarter. My positive outlook on Uber is based on my belief that the company has an advantage over the peer group through its diversified revenue across mobility and delivery, with the former offsetting declines in the latter and vice versa. This was reflected in ...

会议主要讨论的核心内容 - 公司经历了从专注于移动出行到拓展到外卖送货等多个业务的转型 [5][6][7][8] - 公司在疫情期间经历了业务调整,外卖业务快速增长,现在移动出行和外卖业务各占一半 [7][8][9] - 公司在过去5年实现了从亏损到盈利的转变,现在已经实现了40亿美元的收入规模和50亿美元的调整后EBITDA [10][11] - 公司未来3年的目标是实现中高个位数的总订单量复合增长率,并将EBITDA占总订单量的比例提升至7% [50][51][52] 问答环节重要的提问和回答 问题1 **Nikhil Devnani 提问** 公司如何在更加成熟的市场如美国和英国保持增长,提高用户使用频次 [56] **Prashanth Mahendra-Rajah 回答** - 公司在美国和英国的渗透率仍然较低,只有30%的18岁以上人群使用过Uber [57] - 公司通过拓展到郊区地区、推出针对青少年和照顾者的新产品等方式来提高用户覆盖和使用频次 [58][59][60][61] 问题2 **Nikhil Devnani 提问** 公司如何看待自动驾驶技术对其业务模式的影响,是否视为威胁 [73] **Prashanth Mahendra-Rajah 回答** - 公司对自动驾驶技术持积极态度,认为可以增加供给、降低成本从而扩大市场空间 [74][75][76][77] - 公司已经与多家自动驾驶公司建立合作,积累了相关技术和运营经验,未来将以混合模式(人工驾驶+自动驾驶)提供服务 [78][79][80] 问题3 **Nikhil Devnani 提问** 公司如何看待未来的利润空间,在新业务拓展和现金回报之间如何平衡 [82][83] **Prashanth Mahendra-Rajah 回答** - 公司未来3年的目标是将EBITDA占总订单量的比例提升至高5%左右,主要通过降低支付、客户服务、保险等成本来实现 [84][85][86][87] - 公司将把自由现金流用于股票回购,逐步降低股票数量,同时保持适当的流动性和信用评级 [99][100][101] - 公司会继续投资新业务,但会定期评估其盈利前景,如果无法实现盈利将会退出 [92][93][94][95]