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. (NYSE: UBER) regularly issues news that reflects its role as a technology platform for mobility, delivery, and freight. Company updates often highlight how Uber is expanding the ways people, food, and things move through cities, in line with its mission to create opportunity through movement. These announcements provide insight into new partnerships, product offerings, and geographic initiatives across its apps.
Recent news underscores Uber’s activity in grocery and retail delivery. The company has announced the addition of nearly 2,700 Kroger Family of Companies locations to the Uber, Uber Eats, and Postmates apps, allowing customers to order groceries and household essentials for on-demand or same-day delivery. Other releases describe the expansion of Uber’s retail selection with regional and national partners, as well as the addition of brands such as PacSun, Camping World, and Lush to its delivery platform.
Uber’s news flow also covers developments in autonomous mobility and delivery. Press releases describe robotaxi collaborations with partners including Lucid, Nuro, WeRide, and Avride, featuring pilot and commercial services in locations such as Abu Dhabi, Dubai, and Dallas. Additional announcements detail autonomous delivery partnerships with Starship Technologies and Coco Robotics, which integrate sidewalk and urban delivery robots into the Uber Eats experience.
Investors and users following UBER news can expect coverage of quarterly earnings conference calls, segment and metric updates, new non-GAAP reporting measures, capital markets transactions, and expansions of Uber’s hybrid network of human drivers and autonomous vehicles in development. This news page aggregates these items so readers can review how Uber’s mobility, delivery, and freight activities evolve over time.
Hertz and Uber are launching a partnership to enhance electric vehicle (EV) availability in the U.S. by offering up to 50,000 Tesla rentals for Uber drivers by 2023. Starting Nov. 1, rentals will be available in major cities including Los Angeles and San Francisco, with plans for nationwide expansion. This collaboration supports Uber's goal of zero-emissions mobility and Hertz's commitment to electrification. Drivers renting Teslas will benefit from financial incentives and access to charging networks. The program could expand to 150,000 vehicles in the next three years, though external factors may affect plans.
Uber (NYSE: UBER) and Wallbox N.V. (NYSE: WBX) announced a strategic partnership aimed at easing the transition to electric vehicles (EVs) for Bay Area rideshare drivers. This aligns with Uber's commitment to becoming a zero-emissions mobility platform by 2030. Wallbox will offer discounted charging solutions, including the widely popular Pulsar Plus charger, designed for home installations. The Bay Area was selected for a pilot program due to favorable property conditions for EV charging. Success could lead to broader availability across the US and globally.
Uber Technologies, Inc. (NYSE: UBER) has finalized the acquisition of Drizly for approximately
Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call on November 4, 2021, at 2:00 p.m. PT to discuss its third quarter financial results. A live webcast will be available on Uber's Investor Relations website, with a replay accessible for 90 days. The company emphasizes using its website for disclosing material information in compliance with Regulation FD. Founded in 2010, Uber aims to create opportunities through movement, facilitating over 25 billion trips and transforming urban mobility.
Uber Technologies, Inc. (NYSE: UBER) has launched its first official Holiday Shop on the Uber Eats platform, starting October 1, 2021. This initiative allows customers in Los Angeles, San Diego, and West Palm Beach to order Halloween-themed items for delivery. The shop will feature a selection of products, including pumpkin decorating kits and carving kits, with prices ranging from $5 to $25. The Holiday Shop aims to enhance the convenience of seasonal shopping while supporting a family-owned business. Uber Pass holders will receive $0 delivery fees on eligible orders over $15.
UATP and Uber for Business have formed a strategic partnership, allowing UATP corporate account holders to use their accounts for rides and meals through Uber Wallet. This integration aims to streamline payments for corporate travelers, consolidating expenses within a single platform. Uber, operational in 71 countries, will benefit from a new source of global corporate travelers, enhancing its service offerings. This collaboration is anticipated to improve operational efficiency for both companies and enhance the overall customer experience.
Bartell Drugs has partnered with Uber Technologies (NYSE: UBER) to enhance on-demand delivery services in the Puget Sound region. Customers can now order healthcare and grocery products from all 67 Bartell's locations via Uber Eats. This initiative ensures quick delivery and includes perks for Uber Pass and Eats Pass subscribers, such as $0 delivery on certain orders. This partnership aligns with Uber's strategy to provide convenience in shopping, reinforcing its goal to facilitate access to essential products for consumers. Bartell Drugs is owned by Rite Aid Corporation, which also expands its delivery network with Uber.
Rite Aid (NYSE: RAD) has expanded its partnership with Uber Technologies, Inc. (NYSE: UBER) to provide nationwide delivery of Rite Aid products via Uber Eats. This initiative allows customers to order essential healthcare and grocery items from 2,185 Rite Aid locations across 17 states. The service features no delivery fees for Uber Pass and Eats Pass holders, in addition to discounts on orders over $15. This collaboration aims to enhance customer convenience and reflects changing consumer shopping habits.
GetSwift Technologies Limited (NEO: GSW) has entered a partnership with Uber Technologies, Inc (NYSE: UBER) to integrate their product suites, enhancing delivery services across the U.S. and later Canada, Mexico, Brazil, and Australia. This collaboration aims to provide clients with a competitive delivery fee structure and leverage Uber's extensive driver network. The integration promises secured customer interactions and brand protection for GetSwift clients, with a soft launch planned for late 2021, followed by broader deployment in 2022.
Uber has partnered with Dress for Success to support women drivers and delivery people as they re-enter the workforce during COVID recovery. This initiative will offer coaching, networking, and professional development services. Recent data shows 2.3 million women left the U.S. workforce in 2020, while Uber reports an 80% increase in female earners on its app. The partnership aims to provide women with flexible earning opportunities and essential skills for post-COVID employment. Uber and Dress for Success aim to empower women and enhance career growth.