Welcome to our dedicated page for Uber Technologies news (Ticker: UBER), a resource for investors and traders seeking the latest updates and insights on Uber Technologies stock.
Uber Technologies, Inc. reports developments across its on-demand platform for mobility, delivery, and freight, including results tied to trips, gross bookings, revenue, and segment operating performance. Company updates frequently cover the Mobility, Delivery, and Freight segments; Uber Eats marketplace expansion; and product features that connect rides, food, retail items, travel tools, and payments in the Uber app.
News also includes partnerships with retailers, restaurants, payment platforms, fleet operators, and autonomous delivery or robotaxi providers, as well as governance changes and legal proceedings involving rideshare safety claims. These items reflect Uber's platform strategy for moving people, food, and things through cities.
Uber (NYSE: UBER) and WeRide (NASDAQ: WRD) have announced a strategic partnership with Dubai's Road and Transport Authority (RTA) to introduce autonomous vehicles (AVs) in Dubai. The collaboration supports Dubai's Self-Driving Transport Strategy, which aims to convert 25% of all city journeys into autonomous trips by 2030.
WeRide, which became the first AV provider to secure UAE's national license for self-driving vehicles on public roads in July 2023, will serve as Uber's initial technology partner in this initiative. The partnership follows WeRide's successful commercial AV launch with Uber in Abu Dhabi in December 2024.
The collaboration will involve pilot programs utilizing Uber's technology to match riders with AVs, while focusing on data insights, safety protocols, and regulatory frameworks. This expansion adds Dubai to Uber's growing portfolio of markets where it's integrating self-driving technology into its platform.
Uber (NYSE: UBER) and OpenTable have announced a strategic global partnership aimed at integrating dining and transportation services across six countries. The collaboration will connect Uber's ride-hailing and delivery services with OpenTable's restaurant network throughout the United States, Canada, United Kingdom, Mexico, Australia and Ireland.
The partnership will enable integrations between Uber Eats, Uber, and OpenTable apps, offering dining reservation access, transportation options, and membership benefits. The initiative targets over 1 million restaurant partners worldwide, promising enhanced revenue opportunities and broader customer reach.
The rollout is scheduled to occur in phases throughout the year, with both companies planning to expand features and deepen integration over time.
Uber Technologies (NYSE: UBER) and Petco have announced a nationwide partnership to offer pet essentials through the Uber Eats platform. The collaboration enables on-demand or scheduled delivery from all Petco locations in the contiguous United States, making pet supplies easily accessible through the Uber Eats app.
To mark the launch, customers can receive 40% off orders of $50 or more (up to $30), while Uber One members get additional benefits including $0 Delivery Fees on eligible orders. The partnership brings Petco's selection of over 15,000 pet products to the platform, including exclusive collections like YOULY's spring and Easter items and the 'Started as a Bottle' recycled materials line.
This expansion strengthens Uber Eats' retail offerings, adding pet care to its existing portfolio of groceries and household items, while extending Petco's digital footprint through same-day delivery services.
Uber Technologies (NYSE: UBER) and Sally Beauty have announced a nationwide partnership to offer on-demand delivery of beauty supplies through the Uber Eats platform. This marks Uber Eats' first national beauty partnership, enabling customers to order hair care products, hair color, nail products, and styling tools directly through the app.
To celebrate the launch, customers can receive 50% off orders of $50 or more through March 31st. Uber One members will continue to enjoy $0 Delivery Fees on eligible orders. The partnership enhances Sally Beauty's digital presence and expands their same-day delivery reach nationwide.
The service provides access to best-selling brands including bondbar, Dashing Diva, Eva NYC, ion, OPI, Sauce Beauty, Wella, and XMONDO. Customers can easily browse and order products through the Uber Eats app's Retail or Beauty category, with real-time order tracking.
Darden Restaurants (NYSE: DRI) and Uber Technologies (NYSE: UBER) have announced an expansion of their partnership, with Cheddar's Scratch Kitchen becoming the next Darden brand to test on-demand delivery. The pilot program is currently running in 10 Cheddar's restaurants, allowing customers to order delivery directly through the Cheddar's website and app, while Uber Direct manages deliveries through their national network.
This expansion follows the successful implementation of delivery services at Olive Garden. According to Chris Chang, Darden's Chief Information Officer, the company gained valuable insights from the initial Olive Garden pilot, and its success encouraged them to extend delivery services to Cheddar's. Cheddar's plans to expand the delivery service more widely across their system following a successful pilot phase.
Uber Technologies (NYSE: UBER) has announced a significant expansion of its grocery delivery service by partnering with FreshDirect, New York City's leading online fresh food grocer. This marks FreshDirect's first integration with a third-party delivery platform.
Through the Uber Eats app, NYC customers can now access FreshDirect's complete catalog of farm-fresh produce, premium meats, seafood, dairy products, and household essentials with same-day and on-demand delivery options, often within one hour. FreshDirect, established in 2002, is known for its direct relationships with local farmers and suppliers, delivering products up to seven days fresher than traditional grocery stores.
The partnership leverages Uber's delivery network and technology with FreshDirect's high-quality grocery selection. Customers can place orders through the Uber Eats app's grocery category, with Uber One members enjoying benefits like zero delivery fees on eligible orders.
Uber and Waymo have launched a partnership in Austin, Texas, allowing riders to be matched with Waymo's autonomous vehicles through the Uber app. The service covers 37 square miles of Austin, from Hyde Park to Downtown to Montopolis, with plans for future expansion.
Customers requesting UberX, Uber Green, Uber Comfort, or Uber Comfort Electric may be matched with a Waymo fully autonomous all-electric Jaguar I-PACE vehicle at no additional cost. Riders can opt in through their Ride Preferences settings to increase chances of matching with a Waymo vehicle.
The partnership emphasizes safety with 24/7 customer support and Waymo's extensive autonomous driving experience. The service will expand to Atlanta next, where employees are already testing autonomous trips. This collaboration aims to make transportation more affordable, sustainable, and accessible while combining Waymo's technology with Uber's established platform.
Toast (NYSE: TOST) reported strong financial results for Q4 and full year 2024, marking its first year of GAAP profitability. The company added a record 28,000 net locations in 2024, reaching approximately 134,000 total locations, a 26% year-over-year increase.
Key financial highlights include: Annualized Recurring Revenue (ARR) grew 34% to over $1.6 billion; Q4 net income was $33 million with Adjusted EBITDA of $111 million; Full year 2024 net income reached $19 million with Adjusted EBITDA of $373 million. Gross Payment Volume (GPV) increased 25% year-over-year to $42.2 billion in Q4.
For 2025, Toast expects non-GAAP subscription services and financial technology solutions gross profit of $1,745-1,765 million and Adjusted EBITDA of $510-530 million. The company also announced an expanded partnership with Uber and signed agreements with major restaurant groups including Ascent Hospitality Management.
Uber Technologies (NYSE: UBER) has announced that CEO Dara Khosrowshahi will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 3. The session is scheduled for 2:35 PM PT (5:35 PM ET).
An audio webcast of the event will be accessible through Uber's investor relations website. The company, which started in 2010 with the goal of providing ride access at the touch of a button, has facilitated more than 58 billion trips to date. Uber continues to focus on its mission of creating opportunity through movement, developing products that help transport people, food, and things through cities.
1-800-Flowers.com (NASDAQ: FLWS) and Uber Technologies (NYSE: UBER) have announced a strategic collaboration using Uber Direct's white-label delivery service to enhance nationwide floral delivery capabilities. The partnership, launched ahead of Valentine's Day, enables BloomNet's network of local florists to access Uber's delivery technology and driver network.
The collaboration addresses critical delivery challenges during peak holidays like Valentine's Day, when florists often face vehicle capacity limitations. Currently implemented across over 1,000 BloomNet network shops in the U.S., the service allows same-day delivery orders until 3 PM local time in most areas, extending to 6 PM in select markets.
BloomNet anticipates delivering approximately 24 million stems for Valentine's Day. The integration with Uber Direct enables florists using BloomNet's Business Management System (BMS) to dynamically dispatch, track, and fulfill same-day deliveries, particularly beneficial during holiday demand surges.