Uber Technologies Stock Price, News & Analysis

Uber Technologies and DICK'S Sporting Goods announced a strategic partnership to offer on-demand delivery of sporting goods through the Uber Eats platform. Over 800 DICK'S Sporting Goods and Golf Galaxy locations across the US will be available on Uber Eats, allowing customers to order athletic apparel, equipment, and gear for delivery. The partnership includes a launch promotion offering up to 30% off select items, with Uber One members receiving free delivery on eligible orders. This expansion marks Uber's continued growth beyond food delivery into retail, while DICK'S enhances its omnichannel strategy by providing faster, more convenient shopping options to customers. The service is accessible through the Uber Eats app's Retail category, where customers can browse and order from their local DICK'S or Golf Galaxy locations.

Wayve and Uber Technologies have announced plans to launch Level 4 autonomous vehicle trials in London, marking the UK as Uber's largest market for autonomous vehicle testing. The partnership combines Wayve's Embodied AI platform with Uber's global mobility network, supported by the UK government's new framework for self-driving commercial pilots. The initiative is expected to create 38,000 jobs and contribute £42bn to the UK economy. Wayve's AV2.0 technology, which learns from experience like a human driver, has demonstrated its capability by successfully navigating 90 cities in 90 days across Europe, North America, and Japan. The collaboration builds on their 2024 multi-year partnership, with plans to expand to other European markets. The trials will begin in spring 2026, focusing on complex urban environments and different road layouts compared to US testing locations.

Uber Technologies (NYSE: UBER) and Five Below (NASDAQ: FIVE) have announced a nationwide partnership to offer Five Below products through the Uber Eats delivery platform. The collaboration enables customers to order from over 1,500 Five Below stores across the country, accessing thousands of products including toys, games, candy, crafts, tech items, clothing, room décor, and beauty products. All items will be available at Five Below's signature budget-friendly prices with on-demand delivery direct to customers' doors. Uber One members will receive additional benefits like $0 Delivery Fees on eligible orders. The partnership represents Uber Eats' continued expansion into retail and non-food delivery services, creating a new digital storefront for Five Below while offering customers enhanced convenience and accessibility.

Uber (NYSE: UBER) has launched senior accounts nationwide in the U.S., introducing a simplified ride experience designed for older adults. The new feature, available through Uber's Family profile, offers a streamlined app interface with larger text and easy-to-follow directions. Family organizers can help manage rides, payments, and receive real-time updates. The company also introduced Simple mode, allowing independent seniors to access a simplified interface without requiring a Family Profile connection. Key features include simplified booking, saved places for frequent destinations, flexible payment options including Medicare Flex cards, live trip tracking, and support access. The service is now available across the U.S. and select international markets including Taiwan, Hong Kong, India (Simple Mode only), Brazil, Mexico, Chile, Portugal, France, and South Africa.

Uber Technologies (NYSE: UBER) and Turo have announced a significant partnership, integrating Turo's peer-to-peer car sharing marketplace into the Uber Rent platform across the United States. The collaboration allows Uber users to access and rent from Turo's diverse fleet of over 1,600 vehicle makes and models directly through the Uber app.

The integration requires users to download the Turo app for trip management and host communication. Starting summer 2025, Uber One members will earn 10% credits on Uber Rent bookings, including Turo rentals. The service will be available nationwide, except for Oregon, New York, and Washington.

This strategic partnership aims to modernize vehicle access and reduce traditional car ownership dependency by providing more flexible rental options within Uber's ecosystem.

Uber (NYSE: UBER) and iFood have announced a strategic partnership in Brazil, integrating their services across both platforms. The collaboration will enable iFood users to book Uber rides directly through a new Mobility tab, while Uber users will access iFood's delivery services (food, grocery, pharmacy, and convenience) through the Uber app's Delivery tab.

Currently, only about half of iFood and Uber customers in Brazil use both platforms, presenting significant growth potential. The integration will begin rolling out in select Brazilian cities during H2 2025, with nationwide expansion planned thereafter. Both companies' membership programs (Uber One and Clube iFood) will remain unchanged initially, though joint membership initiatives are under consideration.

Uber Technologies (NYSE: UBER) has announced the pricing of $1.0 billion in 0.0% Exchangeable Senior Notes due 2028, with an additional option for $150 million. The notes, set to mature on May 15, 2028, will be exchangeable into cash or shares of Aurora Innovation Class A common stock at an initial exchange rate of 117.6471 units per $1,000 (equivalent to $8.50 per Aurora share). The notes will be secured by first-priority liens on pledged Aurora common stock and guaranteed by Uber's subsidiary Neben Holdings.

The offering is expected to close on May 20, 2025, with estimated net proceeds of $978.9 million (or $1,125.9 million if the additional option is exercised). Uber plans to use the proceeds for general corporate purposes, including potential strategic investments. The notes can be redeemed by Uber after May 21, 2027, under specific conditions.

Uber Technologies (UBER) has announced plans to offer $1.0 billion in Exchangeable Senior Notes due 2028 through a private placement to qualified institutional buyers. The notes will be exchangeable into cash or shares of Aurora Innovation's Class A common stock, or a combination of both, at Uber's discretion. The company also plans to grant the initial purchaser an option for an additional $150 million in notes.

The notes will be secured by first-priority liens on pledged reference property held by Uber's subsidiary, Neben Holdings, LLC, which will initially consist of Aurora common stock. Uber intends to use the proceeds for general corporate purposes, including potential strategic investments, though no specific uses have been designated.

Uber Technologies (UBER) reported strong Q1 2025 financial results with significant growth across key metrics. Gross Bookings increased 14% YoY to $42.8 billion, while revenue grew 14% YoY to $11.5 billion. The company achieved income from operations of $1.2 billion and Adjusted EBITDA of $1.9 billion, up 35% YoY. Monthly Active Platform Consumers grew 14% YoY, with trips increasing 18% to 3.0 billion. Free cash flow reached $2.3 billion, showing a 66% YoY improvement. The Mobility segment generated $21.2 billion in bookings (+13% YoY), while Delivery reached $20.4 billion (+15% YoY). For Q2 2025, Uber forecasts Gross Bookings of $45.75-47.25 billion and Adjusted EBITDA of $2.02-2.12 billion, representing 29-35% YoY growth.