Uber, Baidu relaunch robotaxi race
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The ridehail company is teaming up with China’s Baidu to deploy robotaxis in Asia and the Middle East. But Uber’s real autonomous ambitions are more expansive.
Uber's gross bookings, for both the mobility and delivery segments, are increasing at healthy double-digit rates. This demonstrates robust demand for its services. Wall Street consensus estimates call for revenue to increase 15% in 2025, 15% in 2026, and 13% in 2027.
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Why Uber (UBER) Stock Is Up TodayWhat Happened? Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100,
Uber is highlighted as a compelling buy for the 2026 financial year (FY). Globally known for its ... behind DoorDash,. Uber's expansion into new services, such as grocery and courier delivery, enhances its growth potential. A significant portion of its ...
Uber stock climbs 10.9% in June as company expands Waymo partnership to Atlanta, offering autonomous rides while Tesla struggles with robotaxi delays.
HONG KONG -- The Hong Kong government on Tuesday unveiled proposals to regulate online ride-hailing services provided by tech companies like Uber, requiring platforms, cars and drivers to be licensed before hitting the road.
Uber has demonstrated strong financial performance in recent quarters, generating $45.38 billion in revenue over the last twelve months with a healthy 17.6% growth rate.