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Uber Is Expanding Waymo Driverless Rides to Austin and Atlanta
Investopedia· 2024-09-14 00:35
Key Takeaways Uber plans to add Waymo driverless vehicles in Austin and Atlanta next year. Uber said the number of vehicles in those two cities will "grow to hundreds over time." The ride-share provider already offers Waymo rides in Phoenix. Uber Technologies (UBER) shares jumped Friday after the ride-share provider said it would expand its partnership with Alphabet-owned (GOOGL) autonomous vehicle technology firm Waymo to add more driverless car rides. Uber said the service will be offered in Austin, Texas ...
Waymo robotaxis will be on the Uber app in Austin, Atlanta in early 2025
TechCrunch· 2024-09-13 21:06
Uber riders in Austin and Atlanta will be able to hail a Waymo robotaxi through the app in early 2025 as part of an expanded partnership between the two companies. Waymo's autonomous vehicles have been available on the Uber app in Phoenix since October 2023. This expansion comes at a time when Uber has been snatching up self-driving partnerships across its ride-hail and delivery verticals. Last month, Uber announced partnerships with GM's Cruise and the U.K.'s Wayve. Waymo runs its own commercial autonomous ...
Uber announces expansion of Waymo partnership to Austin and Atlanta
CNBC· 2024-09-13 21:00
In this article GOOGL UBER A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Uber announced Friday it is expanding its partnership with Alphabet's Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber riders in those cities can be matched with a driverless Waymo car for some trips, according to the companies. The rides will only be available th ...
Uber's Massive Play in Autonomous Vehicles
The Motley Fool· 2024-09-12 18:30
Uber isn't making autonomous vehicles, but it may make a lot of money on autonomous vehicles anyway. Uber (UBER 1.62%) is out of the autonomous driving technology business, but that doesn't mean it's out of autonomous vehicles entirely. In fact, it has announced some major partnerships with autonomous driving leaders. In this video, Travis Hoium explains how Uber will be impacted by autonomous vehicles in the future. *Stock prices used were end-of-day prices of Sept. 11, 2024. The video was published on Sep ...
Uber Runs on Oracle Cloud Infrastructure
Prnewswire· 2024-09-11 20:02
OCI helps power more than one million trips every hour and 14 million predictions per second OCI helps power dozens of AI models that are used in every Uber trip LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Uber, the largest on-demand mobility and delivery platform in the world, relies on Oracle Cloud Infrastructure (OCI) to help support the rapid growth and more than one million trips that Uber powers every hour. Uber has modernized its application tier and AI infrastructure and migrated ...
Uber Integrates Freight and Delivery-as-a-Service Platforms
PYMNTS.com· 2024-09-11 06:05
Uber Freight announced an integration with Uber Direct, the company's on-demand Delivery-as-a-Service platform. "The partnership brings together one of North America's largest logistics networks with one of the largest sameday delivery courier networks," Uber Freight said in a Tuesday (Sept. 10) news release. "Central to the integration is Uber Freight's Parcel Transportation Management System (PTMS), which is now integrated with the Uber Direct platform to power new and faster delivery options, including s ...
Uber Technologies, Inc. (UBER) CEO Dara Khosrowshahi presents at Goldman Sachs Communacopia & Technology Conference (Transcript)
Seeking Alpha· 2024-09-10 07:33
Uber Technologies, Inc. (NYSE:UBER) Goldman Sachs Communacopia & Technology Conference September 9, 2024 5:25 PM ET Company Participants Dara Khosrowshahi - CEO Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan It is my pleasure to welcome Uber Technologies' Dara Khosrowshahi, CEO, to the stage for fireside chat. I am going to read a quick safe harbor and then Dara and I are going to get into it and we have a lot to talk about because there's always a lot going on with Uber. Before we ...
Uber Technologies, Inc. (UBER) CEO Dara Khosrowshahi presents at Goldman Sachs Communacopia & Technology Conference (Transcript)
2024-09-10 07:33
会议主要讨论的核心内容 - 公司在过去几年中的发展历程,保持了全球性的移动出行和送货平台的独特定位 [3] - 公司目前的五大重点工作:持续提升服务水平、推动高速增长、发展自动驾驶业务、保持行业领先的成本基础、优化财务状况 [3][4] - 公司消费者需求保持强劲,收入和用户增长保持高位,并通过推出低价产品等措施应对潜在的消费者需求波动 [6][7] - 公司对自动驾驶技术持乐观态度,认为可以提高车辆利用率,并将与多家自动驾驶公司合作 [10][11] - Uber One会员计划在全球范围内推广,重点提升会员数量、提高会员保留率和会员体验 [13][14] - 公司将继续专注于提升核心业务服务水平和多产品使用,保持行业领先地位 [16] - 广告业务快速增长,未来有望成为公司重要收入来源 [18] - 公司将以有机增长为主,同时适度进行并购,并大幅增加股票回购力度 [20] 问答环节重要的提问和回答 问: 公司如何看待当前消费者需求环境,以及如何应对潜在的消费者需求波动? [5] 答: 公司目前未见消费者需求有任何变化,收入和用户增长保持高位。公司的消费者群体相对年轻和高收入,受经济波动影响较小。公司正通过推出低价产品等措施,以应对可能出现的消费者需求波动。[6][7] 问: 公司对自动驾驶技术的发展前景和自身在这一领域的战略如何? [9] 答: 公司认为自动驾驶技术的发展将增加整个行业的市场空间,公司正与多家自动驾驶公司合作,利用自身的全球平台优势帮助自动驾驶技术快速规模化,提高车辆利用率。公司相信未来会出现多家自动驾驶技术供应商,不会形成独立垄断。[10][11] 问: Uber One会员计划在全球范围内的推广情况如何? [12] 答: Uber One会员计划已在28个国家推广,未来将覆盖30多个国家。公司正专注于提升会员数量、提高会员保留率和会员体验,其中年度会员计划有助于提高会员保留率。公司还将针对学生群体推出优惠的Uber One会员计划。[13][14]
Uber Stock Appreciates 13% YTD: What Should Investors Do Now?
ZACKS· 2024-09-09 22:56
Uber Technologies (UBER) , which provides ride-hailing, food delivery and freight (leasing vehicles to third parties) services through its Mobility, Delivery and Freight segments, respectively, continues to exhibit strong fundamentals that suggest potential for long-term growth, driven by its constant efforts to expand its network. The company has seen its shares rise 13% year to date, outpacing the industry's 6.1% growth. UBER shares have performed way better than rival Lyft's (LYFT) shares. However, Uber, ...
Uber: From IPO Hype To Investor Fallout
Benzinga· 2024-09-07 03:20
In May 2019, Uber raised $8.1 billion in its IPO by selling 180 million shares at $45 each. The company pursued a growth-at-any-cost strategy, focusing on expansion rather than profitability. This business model came under scrutiny when Uber reported a $5 billion loss for Q2 2019 and a slowdown in revenue growth. Soon after the IPO, Uber was accused of bypassing regulations and overlooking passenger and driver safety in some markets. By October 2019, just five months after its debut, the company had lost a ...