Group 1 - Uber Technologies has agreed to purchase Getir's food delivery business in Türkiye for $335 million in cash, along with a separate investment of $100 million for a 15% stake in Getir's grocery, retail, and water delivery operations [1][2] - The acquisition of grocery, retail, and water delivery assets will occur over the coming years, contingent on specific operational and financial performance targets, with the food delivery transaction expected to complete in the second half of 2026 [2] - This deal will consolidate Getir and Trendyol Go delivery operations under Uber's ownership, enhancing consumer choice and creating more delivery work for couriers [3][4] Group 2 - Uber's CEO emphasized the company's commitment to investing in Türkiye's digital economy and consumer base, aiming to support the growth of a competitive ecosystem that benefits consumers, couriers, and merchants [3] - Getir's CEO highlighted the agreement as a significant milestone, showcasing the strong operating model and brand built in Türkiye, and expressed excitement about integrating Getir's delivery expertise into Uber's global ecosystem [5]

DUBAI, UAE, Feb. 10, 2026 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) and Uber Technologies, Inc. (NYSE: UBER), in partnership with Dubai's Roads and Transport Authority (RTA), today announced the next phase of their global partnership, bringing the Apollo Go autonomous ride-hailing service to the Uber platform in Dubai.Expected to launch in the coming month, the fully autonomous vehicles will be available via the Uber app across select locations within the Jumeirah area, and the deployment w ...

Core Viewpoint - Jinglin Asset has made significant adjustments to its stock holdings in the fourth quarter of 2025, increasing its positions in key technology stocks while reducing exposure to others, reflecting a strategic focus on sectors like AI and new energy [1][6][9]. Group 1: Stock Holdings and Changes - As of the end of 2025, Jinglin Asset held stocks in 28 companies in the US market, with a total market value exceeding $4 billion [1]. - The top ten holdings include Google A, Meta, Pinduoduo, NetEase, Manbang Group, Futu Holdings, NVIDIA, Alibaba, Intel, and Atour, with Chinese stocks still dominating the portfolio [1][10]. - The largest holding shifted from Meta to Google A, with Google A valued at approximately $841.97 million, reflecting an increase of 926,084 shares from the previous quarter [2][3][10]. Group 2: Investment Strategy and Focus Areas - Jinglin Asset is focusing on sectors such as AI, new energy, smart driving, and humanoid robots, believing these areas will continue to see rapid growth and investment from both China and the US [1][9]. - The firm emphasizes a balanced global investment strategy, selecting companies with strong valuations and cash flows to mitigate risks while capitalizing on growth opportunities [9]. - The CEO highlighted the importance of major AI application platforms like Google, Apple, ByteDance, Tencent, and OpenAI, predicting that 2026 could be a pivotal year for AI agents [9]. Group 3: Recent Trading Activity - In Q4 2025, Jinglin Asset increased its holdings in Intel by 694,363 shares and in Futu Holdings by 139,473 shares, while also initiating a position in Broadcom [6]. - The firm significantly reduced its holdings in NVIDIA by 1.54 million shares and in Meta by 229,056 shares, alongside partial reductions in other stocks like TSMC and UnitedHealth [6].

Group 1 - A company associated with self-heating pots, Hangzhou Jinlingyang, is facing bankruptcy with a total execution amount exceeding 1.4 billion yuan [2] - The company has multiple legal issues, including 6 execution records and 9 instances of being listed as a dishonest executor [2] - The legal representative, Cai Hongliang, has been restricted from high consumption due to these issues [2] Group 2 - Xiaohongshu is developing an AI video editing product named OpenStoryline, currently in testing and may be open-sourced in the future [2] Group 3 - A certain e-commerce platform has launched a limited edition gold phone case priced at 139,999 yuan, which includes a free iPhone 17 Pro Max with the purchase [3][4] - The gold phone case is available in various weights, starting from 10g to 100g, with the highest priced version at 139,999 yuan [3][4] Group 4 - Memory prices are expected to surge by 80%-90% by the first quarter of 2026, driven by a significant increase in DRAM prices for general servers [6] - The price of 64GB RDIMM contracts has risen from 450 USD in the fourth quarter to over 900 USD in the first quarter, with expectations to exceed 1000 USD in the second quarter [6] Group 5 - Apple is preparing to celebrate its 50th anniversary, with CEO Tim Cook confirming that a commemorative event will take place, although details are not yet disclosed [7] - Cook emphasized the importance of reflecting on the company's history while looking forward to future innovations [7] Group 6 - Tesla's FSD (Full Self-Driving) technology does not have a specific launch date in China, but local training centers have been established to support its deployment [8] - The company aims to ensure that the technology will perform at a level comparable to or better than local drivers [8] Group 7 - Alphabet's dollar bond issuance has attracted over 100 billion USD in demand, indicating strong investor interest in AI-related bonds [9] - The expected issuance size is around 15 billion USD, showcasing a rare level of enthusiasm in corporate bond markets [9] Group 8 - Seres plans to divest significant assets, resulting in a loss of control over Blue Electric Vehicles, with the local government and other investors taking a substantial stake in the new entity [10] - The agreement indicates that Seres will only hold a minority interest in Blue Electric Vehicles post-divestment [10] Group 9 - Playboy has signed an agreement to sell 50% of its China business to UTG Group for a total of 122 million USD, which includes cash payments and guaranteed dividends [12] - This deal allows UTG to manage Playboy's operations in mainland China, Hong Kong, and Macau [12]

Core Insights - Uber Technologies reported a strong fourth quarter but faces investor skepticism regarding future profitability due to margin compression concerns [1][2] - Analysts have lowered price targets for Uber, reflecting weak future guidance despite solid Q4 performance [3] Financial Performance - Uber's Q4 non-GAAP EPS was $0.71, a 27% increase year over year, with Q1 2026 EPS estimates ranging from $0.65 to $0.72 [4] - The company achieved gross bookings of $54.1 billion, up 22% year over year, and revenue of $14.4 billion, up 20% year over year [4] - Reported EBITDA was $2.49 billion, slightly above the consensus of $2.48 billion, indicating ongoing investment in growth initiatives [5] Future Guidance - For Q1, Uber expects EBITDA between $2.37 billion and $2.47 billion, compared to the Street's consensus of $2.45 billion [7] - Gross bookings are projected to be between $52.0 billion and $53.5 billion, exceeding the Street consensus of $51.4 billion [7] - The anticipated EBITDA margin is expected to decline to 5.6%, down from 7.3% reported for 2025, raising concerns about increasing expenditures [7] Strategic Initiatives - UberOne membership increased by 55% to over 46 million globally, reflecting successful membership growth strategies [6] - The decline in Mobility take rate aligns with Uber's strategy to invest in lower-cost ride products, positioning the company competitively [6]

Core Insights - Uber is expanding its partnership with Adyen to enhance its global payments capabilities and support international growth [2][4] Group 1: Partnership Expansion - The partnership aims to improve performance and offer more alternative payment methods [2] - New territories for Adyen's services include the United Arab Emirates, Hong Kong, and the Caribbean [3] - Local acquiring is being expanded in Japan, Mexico, New Zealand, and Australia, with new payment methods like Pix in Brazil and AfterPay in Australia being adopted [3] Group 2: Payment Innovations - Uber is launching new kiosks powered by Adyen terminals, allowing users to book rides without the app, starting with LaGuardia Airport [4] - The kiosks are intended for deployment in hotels, ports, and international airports in the future [4] Group 3: Autonomous Vehicles - During its fourth-quarter earnings call, Uber focused on autonomous vehicles, indicating that their integration will be gradual and will not cannibalize human-driven trips [5] - Uber's early deployments in Austin and Atlanta suggest that adding autonomous vehicles can increase overall demand [5] - The company aims to become the largest facilitator of autonomous vehicle trips by 2026, with a strong cash flow and growth trajectory [6]

Core Insights - Uber has agreed to acquire Getir's food delivery business for $335 million and a 15% stake in Getir's grocery, retail, and water delivery business for an additional $100 million, with plans to complete the acquisition over the next few years [2][3] Group 1: Acquisition Details - The acquisition involves Uber purchasing Getir's food delivery business from Mubadala, Getir's largest shareholder, which has been looking to divest its stake [3] - Uber's strategy includes integrating Getir's services with Trendyol Go, another delivery service it acquired for $700 million [7] Group 2: Getir's Business Performance - Getir, once valued at $12 billion, has faced significant operational scaling back due to declining consumer demand post-pandemic, leading to layoffs and a focus on its domestic market [4][5] - The company has raised a total of $2.40 billion and reported its group assets valued at $374 million [6] Group 3: Financial Performance - Getir's food delivery business recorded gross bookings exceeding $1 billion in 2025, reflecting a 50% increase from the previous year [7] - Uber's delivery business reported a revenue of $4.89 billion in Q4, marking a 30% increase year-over-year, with Europe, the Middle East, and Asia identified as the fastest-growing regions [8]

Core Insights - Uber has agreed to acquire Getir's food delivery business for $335 million and a 15% stake in its grocery, retail, and water delivery business for an additional $100 million, with plans to complete the acquisition over the next few years [1][2] Group 1: Acquisition Details - The acquisition involves Uber purchasing Getir's food delivery business and a stake in its other delivery services from Mubadala, Getir's largest shareholder [2] - Uber plans to integrate Getir's food delivery services with Trendyol Go, another delivery service it acquired for $700 million [9] Group 2: Getir's Background - Getir, once valued at $12 billion, has faced significant challenges, leading to a massive scaling down of operations and layoffs in the U.S., U.K., and Europe [3][4] - The company has raised a total of $2.40 billion and valued its group assets at $374 million in court documents [5] Group 3: Financial Performance - Getir's food delivery business recorded gross bookings of over $1 billion in 2025, reflecting a 50% increase from the previous year [9] - Uber's delivery business reported revenue of $4.89 billion in the fourth quarter, a 30% increase year-over-year, with Europe, the Middle East, and Asia being the fastest-growing regions [10]

Core Insights - The strategic partnership between WeRide and Uber aims to deploy at least 1,200 Robotaxis in key Middle Eastern markets by 2027, marking the entry of the Robotaxi market into the "thousand-vehicle era" in the region [2][3] - WeRide has already launched commercial operations of Robotaxis in Abu Dhabi, Dubai, and Riyadh, with over 200 vehicles currently deployed [1][2] - Uber has committed to increasing the number of Robotaxis following key regulatory approvals and successful deployment milestones, making this the largest commercial deployment of Robotaxis in the MENA region to date [3] Company Operations - WeRide continues its asset-light operational model, with Uber or local partners managing the actual fleet operations while WeRide focuses on providing autonomous driving technology and scaling fleet deployment [4] - The Robotaxi service in Abu Dhabi has shown strong commercial potential, with each vehicle completing dozens of rides daily, and the business is expected to achieve profitability by 2025 [4] - As the fleet expands to 1,200 vehicles, WeRide's market position is anticipated to strengthen further [4] Strategic Goals - The partnership's expansion accelerates the previously established plan to deploy Robotaxi services in 15 new international cities over the next five years [3] - WeRide's CEO highlighted the importance of existing operational success, a favorable regulatory environment in the Middle East, and deep collaboration with Uber as key factors supporting this scale-up [3] - Uber's global head of autonomous driving and delivery emphasized that this collaboration represents a significant milestone in Uber's autonomous driving strategy in the Middle East [3]

Core Insights - WeRide and Uber announced an upgraded strategic partnership to deploy at least 1,200 Robotaxis in key Middle Eastern markets by 2027, marking the entry of the Robotaxi market in the region into the "thousand-vehicle era" [2][5] Group 1: Partnership and Deployment - The collaboration is based on existing operational foundations, with WeRide and Uber already conducting commercial operations of Robotaxis in Abu Dhabi, Dubai, and Riyadh, where over 200 Robotaxis are currently deployed [4][5] - Uber has committed to increasing the number of Robotaxis after achieving key regulatory approvals and completing milestones for commercial deployment in core urban areas [4] Group 2: Market Impact and Future Plans - This deployment plan represents the largest commercial rollout of Robotaxis in the Middle East and North Africa (MENA) region to date, with WeRide's CEO highlighting the supportive regulatory environment and operational success as key factors for expansion [5][6] - The partnership will accelerate the previously established plan to deploy Robotaxi services in 15 additional international cities over the next five years [5] Group 3: Operational Performance - Current operational data indicates strong commercial potential for WeRide's Robotaxi business in the Middle East, with vehicles in Abu Dhabi completing dozens of rides daily and achieving operational profitability by 2025 [6]