Uber Inc. (UBER) Mentioned Positively at JMP Securities

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Serve Robotics Announces First Quarter 2024 Results and Provides Corporate Update

May 15, 2024 7:30 AM EDT

Revenue of $0.95 million; 124% sequential growth in delivery and branding revenueSigned agreement with Magna International for a long-term licensing partnership and exclusive contract manufacturing of Serve robotsPost quarter-end, successfully uplisted to the Nasdaq Capital Market with concurrent $40 million equity offeringContinued focus on deploying 2,000 robots under Uber Eats contract

SAN FRANCISCO, May 15, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve") (Nasdaq: SERV), a leading... More

Uber Eats to Acquire Delivery Hero’s foodpanda Delivery Business in Taiwan

May 13, 2024 11:05 PM EDT

Acquisition brings together the companies complementary merchant, delivery partner, and consumer bases into a single app, creating significant value Deal is one of the largest-ever international acquisitions in Taiwan, highlighting its attractiveness for companies and investors

SAN FRANCISCO & BERLIN--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Heros foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda Taiwan is subject to... More