Uber Technologies, Inc.·Technology

Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, the Financial Times reported on Saturday.

Expedia Group NASDAQ: EXPE used a company event marking 30 years of Expedia to outline new partnerships, artificial intelligence initiatives and partner tools aimed at increasing traveler demand and simplifying travel operations.

UBER gross bookings hit $53.7B in Q1 and it sees $56.25B-$57.75B in Q2 2026, as Mobility and Delivery demand stays strong.

While Uber stock has been under pressure, its network effects and strategic positioning should serve as a foundation for future growth. Through various partnerships with leading companies such as Hertz, Expedia, and Santander, Uber is positioning itself as the indispensable orchestrator of the AV revolution. Gross bookings rose 21% YoY to $53.7 billion and non-GAAP EPS jumped 44% to $0.72 in Q1, demonstrating sustained operational excellence.

Rivian's delivery growth could drive a higher valuation.

David Tepper of Appaloosa Management is already a big name in the hedge fund world.
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered; and offers grocery, alcohol, and convenience store delivery, as well as select other goods. The Freight segment connects carriers with shippers on the company's platform and enable carriers upfront, transparent pricing, and the ability to book a shipment, as well as transportation management and other logistics services offerings. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Technology
Software - Application
31,100
2019-05-10
1.16