Uber (UBER) and Waymo to Bring Waymo’s Autonomous Driving Technology to the Uber Platform

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Morgan Stanley sees global restaurant delivery industry reaching $810bn by 2027

May 24, 2023 9:12 AM EDT

Morgan Stanley's Brian Nowak told investors in a note Wednesday that they see the global restaurant delivery industry reaching ~$810 billion by 2027. That represents a 14% CAGR.

"We size the Global Restaurant Delivery TAM at $2.7trn in 2023, still only ~18% penetrated, with online restaurant delivery generating an estimated ~$480bn in sales set to grow at a... More

Uber's (UBER) Waymo deal reaffirms marketplace value, says Morgan Stanley

May 24, 2023 8:28 AM EDT

Uber (NYSE: UBER) announced Thursday that it has partnered with Alphabet (NASDAQ: GOOGL) owned Waymo to make the Google self-driving ride-hailing service available to more people via the Uber platform starting in Phoenix.

The multi-year partnership will see the integration launch publicly later this... More