Jefferies Reiterates Buy Rating on Uber Inc. (UBER)

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Uber and WeRide Launch Autonomous Mobility Service in Abu Dhabi

December 6, 2024 3:00 AM EST

Launch represents the first time autonomous vehicles are available on the Uber platform outside of the U.S. Marks the largest commercial robotaxi service outside the U.S. and China. WeRide vehicles will be available for eligible Uber trips in key areas, including Al Saadiyat Island, Yas Island, and routes to and from Abu Dhabi International Airport. Tawasul will be the main fleet operator for WeRide vehicles on the Uber platform, providing fleet management services. Program supported by the Abu Dhabi Integrated Transport Centre (Abu Dhabi Mobility)

ABU DHABI,... More

Toast and Uber Expand Partnership, Helping Restaurants Reduce Costs and Reach More Diners with Commission-Free Delivery

December 5, 2024 8:00 AM EST

BOSTON & SAN FRANCISCO--(BUSINESS WIRE)-- Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, and Uber Technologies, Inc. (NYSE: UBER) are excited to announce an expanded partnership, giving restaurants increased choice, and their guests more ways to get their favorite foods delivered to their door while helping restaurants reduce costs and expand their reach.

The new integration between Toast Delivery Services and Uber Direct will allow restaurants across the U.S. to save on delivery fees, expand their delivery radius, and leverage Uber's... More