Uber Technologies Stock Price, News & Analysis

Uber Technologies, Inc. (NYSE: UBER) will host its quarterly conference call to discuss fourth quarter 2022 financial results on February 8th at 5:00 a.m. PT (8:00 a.m. ET). A live webcast will be available on the Investor Relations website, with a replay accessible for at least 90 days. The company emphasizes the use of its Investor Relations site for disclosing material nonpublic information, urging investors to monitor it along with press releases and SEC filings. Uber, established in 2010, aims to enhance mobility and opportunity, having facilitated over 35 billion trips globally.

Uber (NYSE:UBER) has partnered with Visa (NYSE:V) to support small and medium-sized businesses in adopting sustainable packaging solutions through a new program. Launched on January 16, 2023, in Davos, Switzerland, the initiative allocates $1 million in grants to qualifying Uber Eats restaurants in key cities including New York and Los Angeles. This effort follows the successful Grants for Growth program, which provided $10,000 microgrants to U.S. small business owners. Both companies aim to reduce packaging waste and address consumer demand for sustainability, a priority highlighted by research from the US National Restaurant Association.

Uber Technologies, Inc. (NYSE: UBER) announces a partnership with Meijer for on-demand grocery delivery across the Midwest, enhancing its grocery selection. Starting this week, customers in Michigan, Indiana, Illinois, Ohio, Wisconsin, and Kentucky can access delivery from nearly 250 Meijer locations via Uber Eats. Uber One members will enjoy $0 Delivery Fees and 5% off orders over $35, while all users can receive $10 off their first $40 order with code MEIJER10 until December 31. This initiative aims to meet growing consumer demand for effortless grocery delivery.

Uber Technologies, Inc. (NYSE: UBER) has partnered with Cartken to launch AI-powered sidewalk delivery robots in Miami. This initiative allows Uber Eats customers in the area to receive orders via automated robots, starting with select merchants in the Dadeland area. The partnership aims to expand throughout Miami-Dade and into other cities in 2023, enhancing delivery capacity, reducing traffic congestion, and providing faster, emission-free deliveries. This collaboration represents a significant step in Uber's efforts to innovate in automated delivery.

Motional and Uber have launched the first autonomous robotaxi service on Uber's network in Las Vegas, marking a significant milestone in the deployment of driverless technology. This initiative follows a 10-year partnership aimed at deploying Level 4 autonomous vehicles across major U.S. cities, potentially benefiting millions of users. The all-electric IONIQ 5 robotaxis will be available for rides through UberX and Uber Comfort Electric options, aligning with Uber's goal for zero emissions by 2030. The launch builds on Motional's previous success in autonomous deliveries in Greater Los Angeles.

Drizly, an Uber company, has launched an amusing holiday campaign featuring comedians Jenny Slate, Joel McHale, and Loni Love, inviting fans to share their worst gift experiences on Instagram. Running until December 12, participants can win personalized Cameo videos roasting their gifts. With a survey revealing that 84% of respondents enjoy receiving alcohol as gifts, Drizly aims to enhance holiday gifting with guided shopping options and promotions, including $10 off or free delivery using the code ROASTYTOASY until December 29.

National Retail Solutions (NRS) has partnered with Uber Technologies to enhance delivery services for independent neighborhood retailers. The collaboration will allow retailers within NRS's network of over 20,000 POS terminals across 17,000 stores to offer same-day delivery at no cost. This initiative aims to empower local businesses amid increasing competition from rapid grocery delivery services. NRS’s platform, designed for urban markets, will leverage Uber's capabilities to improve operational efficiency and customer reach, supporting retailers in underserved communities.

Uber Technologies and Capital One have announced a partnership aimed at providing exclusive benefits to select cardholders in the U.S. From now on, holders of Savor, SavorOne, SavorOne Student, and Quicksilver Student credit cards will earn 10% cash back on Uber purchases and receive up to 24 months of complimentary Uber One membership. This membership offers various perks, including $0 delivery fees and savings on Uber Eats and rides. The partnership is set to enhance customer rewards and engagement, with benefits available until November 14, 2024.

SpartanNash has announced a partnership with Uber to offer on-demand and scheduled grocery delivery across the Midwest. Starting this week, nearly 100 SpartanNash stores, including Family Fare, Martin’s Super Markets, and D&W Fresh Market, will be available on the Uber and Uber Eats platforms. Customers can order a variety of products, enhancing convenience for last-minute holiday shoppers. The partnership aims to expand SpartanNash’s reach to its network of 2,100 independent grocery retailers, reinforcing its commitment to customer-focused innovation.