Uber launches boat hailing service on Kashmir's scenic Dal Lake
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3 reasons why AVs are positive for Uber, not negative: JMP
December 4, 2024 4:00 PM ESTJMP Securities analysts believe that autonomous vehicles (AVs) will be a significant positive for Uber (NYSE: UBER), even though they might pose challenges in terms of competition.
According to the firm, AVs will lead to a reduction in ride-sharing costs, attract more consumers to ride-sharing services, and expand the total addressable market (TAM).
Lower Costs and Increased Market Adoption: One of the biggest cost inputs for U.S. ride-sharing services today is driver labor,... More
