Uber Technologies reportedly expects to increase its grocery and retail deliveries, with the annual run rate of that segment of its business reaching $12.5 billion in gross bookings by the end of the year. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS ...

Uber Technologies, Inc. (NYSE:UBER) is one of the 15 Best American Tech Stocks to Buy Right Now. On September 8, Reuters reported that Uber Technologies, Inc. (NYSE:UBER) has announced plans with a Chinese self-driving tech company called Momenta to test level 4 autonomous vehicles in Germany next year. According to the report, Uber Technologies, Inc. (NYSE:UBER) is looking to grow its robotaxi footprint as competition in this area rises. Level 4 autonomous vehicles can drive by themselves without human i ...

Uber Technologies, Inc. and Aldi announced on Thursday a new partnership that will make Aldi grocery items available for delivery through the Uber Eats app. More than 2,500 Aldi locations across the U.S. will be added to the platform, allowing users to order groceries for delivery either on-demand or through scheduled orders.Uber Eats users can access a range of Aldi products via the app, including fresh produce, meats, bakery items, beverages and other store-brand goods. In select locations, alcoholic beve ...

One of Uber's freshest offerings aims to deliver fruits and vegetables to users at a discount — and reinvigorate the grocery wars with rivals like Amazon. On Thursday, Uber said it would release a "Fresh Days" feature that lets some users find discounts of up to 50% on fresh produce, meat, and dairy items. The weekly offer will have its own banner in the Uber Eats app, the company said.The move is Uber's latest effort to dominate in grocery delivery. It's a crowded field with competition from companies lik ...

Key Takeaways Uber teams up with ALDI to add 2,500 stores to Uber Eats for fresh and affordable grocery delivery.ALDI becomes the first Uber Eats retailer to accept SNAP-EBT nationwide from launch.Uber expands delivery reach with recent partnerships, including Best Buy and Dollar Tree.Uber Technologies (UBER) has announced a new nationwide partnership with ALDI, America’s fastest-growing grocer. Following the deal, ALDI’s much sought-after selection of fresh and affordable products will be available on Uber ...

The companies are both doing well in the growing rideshare markets.Lyft (LYFT -0.09%) or Uber (UBER -0.02%)? That's the question millions of rideshare customers ask every weekend. They should also be asking is which stock is best for their portfolios.Historically, Uber has outpaced Lyft, with its stock generating a total return of 137% since going public compared to a 56% loss for Lyft. As the larger player with its hands in more sectors (such as food delivery), Uber has reigned supreme with its $200 billio ...

Management stated that at least half of Uber's future cash flow will go into share repurchases. This commitment is supported by a strong $20 billion buyback authorization. The remaining half will be used to expand the company's AV ecosystem. Uber’s push into autonomous vehicles could be a game-changer. Recent Waymo deployments in Austin and Atlanta have shown promise, with AVs completing more trips per day than 99% of human drivers.Uber is also tapping artificial intelligence (AI) to deepen engagement. Anot ...

Lucid Group LCID trended on Wednesday after it showcased its robotaxi engineering fleet.LCID shares are powering higher on strong volume. See what the experts say here.The U.S. electric vehicle manufacturer tweeted that it delivered the first Uber Technologies UBER-exclusive robotaxi engineering vehicle to Nuro for integration with the Nuro Driver.Lucid teamed with Uber and Nuro in July to launch a global robotaxi program.Also Read: Lucid Stock Sinks In 2025: What’s Driving The Decline?The service, built on ...

​Uber Technologies, Inc. (NYSE:UBER) is one of the Best Technology Stocks to Invest in for the Long Term. On September 18, Uber Technologies, Inc. (NYSE:UBER) announced its partnership with Flytrex to launch drone delivery on the Uber Eats platform in select US pilot markets by the end of 2025. Flytrex is an authorized drone delivery company. ​This marks the company’s first investment in drone delivery technology. The collaboration integrates Flytrex’s autonomous drones, which are certified by the FAA for ...

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director at Virtus Investment Partners, picked Uber Technologies, Inc. UBER as his final trade.The car service provider surged to a new 52-week high on Monday.Uber recently partnered with Flytrex to launch its first drone delivery program, expanding the San Francisco-based company’s logistics strategy.Don't forget to check out our premarket coverage hereBryn Talkington, managing partner of Requisite Capital Management, named Bitmine Im ...