Uber, Lucid and Robotaxi
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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.
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.
Baidus shares surged after announcing a strategic partnership with Uber to roll out autonomous robotaxis worldwide. On Baidu Inc. (HK:9888) rose as much as 4% to HK$92.10 in Hong Kong before settling
Despite growing competition from AV entrants in the ride-hailing market, sector giant Uber continues to make positive progress as it leans into partnerships with AV companies.
Uber has launched a 'Women Drivers' feature in Saudi Arabia, allowing female riders to request female drivers. The initiative aims to boost safety perceptions and economic opportunities for women in the conservative kingdom. Saudi Arabia has made several reforms to increase women's freedoms and is actively working to attract more female travelers.
Uber stock climbs 10.9% in June as company expands Waymo partnership to Atlanta, offering autonomous rides while Tesla struggles with robotaxi delays.
Baidu and Uber are teaming up to deploy thousands of the Chinese company's autonomous vehicles across global markets on the ride-hailing app's platform. The companies said Tuesday that the partnership will increase the supply of affordable and reliable ridesharing options by bringing Baidu's robotaxi unit onto Uber's network.
How can Uber’s expansion into new services drive future growth? Uber’s expansion into new services beyond ride-sharing presents significant growth opportunities.