Uber Technologies Inc.
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E-commerce & Fulfillment
Uber rolling out same-day, on-demand grocery delivery in 400 cities
Uber will partner with national grocer Albertsons and 1,200 of its stores.
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Autonomous Vehicles
Public autonomy: Aurora Innovation reportedly next in line for SPAC
The blank-check route to going public is losing steam, but Aurora Innovation may take the plunge in a SPAC led by one of its investors.
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Gig Workers
Supreme Court won’t hear Uber Black driver classification case
The lower court ruling favored Uber in the summary judgment but drivers won on appeal.
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Company earnings
Delivery segment at Uber on track for breakeven EBITDA by year-end: CEO
The earnings call revealed that Uber, like so many others, is working to fill out its driver ranks.
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News
Uber Freight’s Market Access solution helps shippers manage supply chain risks
“With Market Access, shippers gain risk transparency,” Uber Freight’s co-founder said. “In a market, not every shipper has the same needs. This tool puts the…
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News
Uber package delivery unit expands in US
Local deliveries are now available in 2,400 U.S. markets, the unit says.
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News
Uber Freight seeking investors
Uber is reported to be raising $500 million in funding for its brokerage segment. The deal would place a valuation of $4 billion on Uber…
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News
Uber pulls forward profit guidance, growth in Uber Freight stagnates sequentially (with video)
A difficult truck brokerage market appears to have stalled growth at Uber Freight compared to the third quarter. However, the operating loss narrowed significantly.
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Technology
CES 2020: Uber partners with Hyundai for developing flying taxis
Uber and Hyundai have showcased a full-scale prototype of an eVTOL aircraft that will be mass-produced for Uber’s air taxi network.
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Company earnings
Uber’s first quarter a mixed bag, stock up after hours on margin outlook
Other Bets revenue, primarily consisting of Uber Freight, increased 263 percent year-over-year to $145 million.
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