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Uber Targets $1 Billion In New Gross Bookings With Expansion Into 7 European Delivery Markets: Report - Uber Technologies (NYSE:UBER)
Benzinga· 2026-02-16 04:35
Group 1: Expansion Plans - Uber Technologies Inc. plans to expand its delivery operations into seven additional European countries by 2026, including Austria, Denmark, Finland, and Norway [1] - The company aims to generate an additional $1 billion in gross bookings over three years with this market entry [2] - The expansion will also include the Czech Republic, Greece, and Romania, amidst a wave of consolidation in the European food delivery sector [3] Group 2: Competitive Landscape - Uber will compete with Finland-based Wolt in several key markets, which was acquired by DoorDash Inc. in 2022 [2] - Uber's market share has grown in major European markets such as the UK, Germany, France, and Spain, with significant increases reported by YipitData [5] Group 3: Strategic Acquisitions - Uber announced plans to acquire Getir's food delivery business in Türkiye, which includes food, grocery, retail, and water delivery services [4] - This acquisition is expected to enhance Uber's ability to meet restaurant demand and leverage global technology [4] Group 4: Technological Advancements - The company aims to automate its delivery services using drones and robots [5]
I'm An Uber Bull, For Now I Believe DoorDash Is Better
Seeking Alpha· 2026-02-16 02:57
Group 1 - The article emphasizes the importance of not only identifying strong stocks but also knowing the timing and strategy for buying and selling them [1] - The Cash Management Discipline (CMD) is highlighted as a key strategy for managing investments and mitigating market volatility [1] - David H. Lerner, an analyst with a decade of experience, utilizes a combination of technical analysis and market psychology to identify investment opportunities [1] Group 2 - The article draws a comparison between UBER and DASH, indicating a thoughtful approach to investment assessment [3]
优步2026年欧洲扩张 目标新增10亿美元总预订量
Jin Rong Jie· 2026-02-16 02:29
Group 1 - The company plans to expand its food delivery business into seven new European markets by 2026, including the Czech Republic, Greece, and Romania [1] - Additional markets for expansion include Austria, Denmark, Finland, and Norway, with an expected increase of $1 billion in gross bookings over the next three years [1] - The global head of delivery at the company highlighted strong demand from merchants and consumers for the platform, indicating a need to raise standards and provide better value for the category [1] Group 2 - The company has agreed to acquire the delivery division of Turkish company Getir from its UAE shareholder Mubadala to strengthen its operations in Turkey [1]
Uber2026年欧洲扩张 目标新增10亿美元总预订量
Xin Lang Cai Jing· 2026-02-16 02:13
Core Insights - Uber plans to expand its food delivery business into seven new European markets by 2026, including the Czech Republic, Greece, and Romania, as well as Austria, Denmark, Finland, and Norway [1] - The company anticipates that this expansion will generate an additional $1 billion in gross bookings over the next three years [1] - Uber's global delivery head, Susan Anderson, emphasized the strong demand from merchants and consumers for the Uber platform, indicating a need to raise standards and provide better value for the entire category [1] - Recently, Uber agreed to acquire the delivery division of Turkish company Getir from UAE's Mubadala to strengthen its operations in Turkey [1]
Uber Brings Food Delivery to 7 New EU Markets
PYMNTS.com· 2026-02-15 22:46
Core Insights - Uber is expanding its delivery business into seven new European markets, including Austria, Denmark, Norway, the Czech Republic, Greece, Romania, and Finland, aiming to generate an additional $1 billion in gross bookings over the next three years [2][3] Group 1: Market Expansion - The expansion is part of a strategy to challenge established competitors in these markets, where incumbents have become complacent [3] - Uber will compete with Finland-based Wolt, which was acquired by DoorDash in 2022, amidst a wave of consolidation in the European food delivery sector [7] Group 2: Strategic Acquisitions - Uber plans to acquire rival Getir's food delivery operation in Turkey, which is expected to enhance its Trendyol Go business by consolidating operations and leveraging global technology [8] Group 3: Technological Advancements - Uber Eats is set to launch an AI-powered feature called Cart Assistant, allowing users to create grocery lists using text or images, enhancing user experience and operational efficiency [9][10] - The integration of generative AI across Uber's platform aims to optimize operations and provide personalized consumer experiences [10]
Uber, Mazda Forge New Path To Enhance US Dealership Experience
Yahoo Finance· 2026-02-15 14:32
Group 1: Partnership with Mazda - The partnership with Mazda aims to enhance customer interactions at U.S. dealerships, potentially increasing efficiency and satisfaction [2] - This collaboration reflects the company's strategy to leverage its technology platform in various sectors, enhancing its value proposition [2][3] - The initiative demonstrates Uber's commitment to diversifying its service offerings beyond traditional ride-hailing [3] Group 2: Launch of Robotaxi Service - Uber, in collaboration with WeRide Inc., announced the launch of Abu Dhabi's first commercial robotaxi service in the city center [4] - Riders can be matched with a WeRide GXR Robotaxi via UberX or Uber Comfort, or book directly through the app's dedicated "Autonomous" option [4] Group 3: Stock Performance and Market Trends - Uber's stock is currently trading 11.9% below its 20-day simple moving average (SMA) and 20.4% below its 100-day SMA, indicating a bearish trend [7] - Shares have decreased 11.51% over the past 12 months and are closer to their 52-week lows than highs [7] - The RSI is at 26.93, suggesting potential for a rebound if buying interest increases, while MACD indicates bearish pressure on the stock [7][8]
优步拓展食品配送业务 进军欧洲7个新市场
Xin Lang Cai Jing· 2026-02-15 06:20
Core Insights - Uber plans to expand its food delivery service into seven new European markets, including the Czech Republic, Greece, Romania, Austria, Denmark, Finland, and Norway [1] - The initiative aims to achieve an additional $1 billion in gross bookings over the next three years [1] - Susan Anderson, head of Uber's global delivery business, emphasized the need to "raise standards, make changes, and provide better service across the board" [1] Summary by Categories Expansion Plans - Uber is set to launch its food delivery service in seven new European countries [1] - The targeted markets for expansion are the Czech Republic, Greece, Romania, Austria, Denmark, Finland, and Norway [1] Financial Goals - The company aims for an additional $1 billion in gross bookings within the next three years [1] Strategic Vision - The head of Uber's global delivery business highlighted the importance of improving service quality and standards in the industry [1]
Uber enters 7 new European markets in food-delivery push, FT reports
Reuters· 2026-02-15 05:21
Core Insights - Uber plans to expand its food delivery business into seven new European markets, aiming for an additional $1 billion in gross bookings over the next three years [1] Group 1: Expansion Strategy - The new markets include the Czech Republic, Greece, Romania, Austria, Denmark, Finland, and Norway [1] - This expansion is part of a broader strategy to enhance value in the multibillion-euro food delivery market [1] Group 2: Leadership Perspective - Susan Anderson, global head of delivery at Uber, emphasized the need to "raise the bar, shake things up and deliver better value across the category" [1] Group 3: Recent Developments - Earlier in the week, Uber agreed to acquire the delivery arm of Turkey's Getir to strengthen its presence in Turkey [1]
一周要闻·阿联酋&卡塔尔|阿联酋央行批准迪拉姆稳定币DDSC正式上线/卡塔尔央行推出双语虚拟助手服务
3 6 Ke· 2026-02-15 04:28
AITO 问界宣布进入阿联酋市场 2月6日消息,AITO 问界宣布与阿联酋 ADM 达成合作,正式进入阿联酋市场,标志着品牌全球化布局迈出关键一步。此次合作将推动问界智能电动技术走 向国际舞台,加速拓展海外市场版图。今年1月,问界第100万辆量产车在赛力斯超级工厂下线,成为企业发展重要里程碑。此次进军中东,被视为问界加速 国际化战略、提升全球影响力的重要举措。(IT之家) 文远知行携手 Uber,在中东部署超千辆 Robotaxi 2月9日消息,文远知行与 Uber 宣布升级战略合作,计划于2027年前在阿布扎比、迪拜和利雅得部署至少1200辆 Robotaxi,并全部接入 Uber 平台向公众运 营,成为中东及北非地区规模最大的 Robotaxi 商业化项目。目前,双方已在阿布扎比实现纯无人商业运营,在迪拜和利雅得开展公开服务,中东地区在运 营车辆超200辆。未来在获得监管批准并完成关键里程碑后,Uber 将进一步追加投放规模。(南方都市报) 萝卜快跑联合 Uber 在迪拜推出全无人驾驶出行服务 2月10日消息,百度旗下萝卜快跑(Apollo Go)与 Uber 宣布深化合作,计划于2026年第一季度在迪拜 ...
Uber Stock Drops 6.4% This Week After Earnings Miss and Robotaxi Expansion
247Wallst· 2026-02-14 21:20
Core Viewpoint - Uber's stock has dropped 6.4% this week following an earnings miss and legal challenges, raising concerns about its profitability and future growth prospects [1]. Earnings Performance - Uber reported Q4 2025 earnings with an adjusted EPS of $0.71, missing the consensus estimate of $0.7788, breaking a seven-quarter streak of earnings beats [1]. - Revenue for the quarter was $14.37 billion, showing a 20% year-over-year growth, but still fell short of expectations [1]. - Analysts have lowered their price targets for Uber, with Arete Research reducing it from $125 to $120, and Citigroup also trimming its target, leading to a new consensus of $105.26, indicating a potential 50% upside from current levels [1]. - Expectations for Uber's adjusted EPS in 2026 have dropped from $4.15 to $3.30, significantly impacting investor sentiment and stock performance [1]. Legal Challenges - A federal jury in Arizona ordered Uber to pay $8.5 million to a woman who was sexually assaulted by a driver, marking the first bellwether trial in a series of pending driver assault cases [1]. - This legal verdict is expected to influence the outcomes of thousands of similar cases, raising concerns about liability for gig-economy platforms [1]. - Sentiment on Reddit turned bearish following the verdict, with significant engagement on posts discussing Uber's liability in the case [1]. Autonomous Vehicle Strategy - Despite recent challenges, Uber has advanced its autonomous vehicle strategy by launching a robotaxi service in downtown Abu Dhabi, covering approximately 70% of the city [1]. - The fleet of robotaxis has quadrupled since December 2024, with plans to deploy at least 1,200 robotaxis across Abu Dhabi, Dubai, and Riyadh by 2027 [1]. - CEO Dara Khosrowshahi emphasized the importance of this strategy for Uber's future, highlighting the potential for improved margins by reducing driver costs, although it requires significant upfront investment [1]. - The stock currently trades at 15 times trailing earnings, reflecting the tension between current profitability and future growth potential [1].