Latest news with #rideHailing
CNET
03-07-2025
- Business
- CNET
Uber Adds Rental Car Delivery and Discounted Airport Rides Before July 4 Weekend Surge
With AAA forecasting that a record-breaking 72 million Americans will travel during the week of July 4, ride-hailing and delivery company Uber is launching various updates to make summer vacations more seamless. Uber is significantly expanding its rental-car delivery service, introducing new airport options for ride-sharing and prescheduled pickups, and adding more flexibility for hotel food deliveries. Read also: Uber's Simplified App for Seniors Is Launching Nationwide Car rental dropoff expands Uber One of the biggest updates is the expansion of Uber Rent -- the service's car-rental department -- by adding car delivery, which allows users to have a rental car dropped off at their home, office or hotel. This summer, the service is rolling out to 15 additional US cities, including Dallas, Phoenix, Charlotte and Las Vegas, bringing the total to 24 cities nationwide. Travelers can book a rental car as little as 2 hours in advance or up to six months ahead. Uber also notes that there's no fee to cancel, as long as it's at least 2 hours before the scheduled drop-off. More affordable airport rides Uber is also expanding Uber Share at Airports, a carpool-style option where travelers heading to or from the airport can share a ride with one other passenger and save up to 25% compared to a standard UberX, which is the regular Uber tier. Even if no match is found, riders still pay the discounted rate. This feature is now available at more than 40 additional airports, including Chicago Midway, Nashville, Washington Reagan, and international cities like Paris, Lisbon and Stockholm. Enhanced hotel food delivery Uber The company is adding new delivery options for travelers relying on Uber Eats while staying at hotels. Users can now select how they want their food dropped off: meeting the courier in the lobby, having the food left at the front desk or requesting direct delivery to their hotel room doorway. Travelers staying at Marriott properties can also now earn Marriott Bonvoy points on Uber Eats orders, provided their loyalty account is linked in the app. More airport pickup options in the suburbs Uber is also expanding its Reserve Airport Pickup feature to 70 more airports in the US and Canada, with a focus on smaller towns and suburban destinations such as Reno, Green Bay and Sarasota. Reserve rides can be scheduled in advance, a convenience for travelers flying into areas with fewer transit options. These updates are arriving just in time for one of the busiest travel weeks of the year. Additional changes are listed in the Uber Newsroom post.
Yahoo
30-06-2025
- Automotive
- Yahoo
Uber Technologies, Inc. (UBER), Waymo Launch Autonomous Ride-Hailing In Atlanta
Uber Technologies, Inc. (NYSE:UBER) is among the 13 Best Big Name Stocks to Buy Now. On June 24, the company announced that it had partnered with Waymo to launch autonomous ride-hailing in Atlanta. A close up view of a hand holding a smartphone, using a ride sharing app. The two companies first laid out plans for the launch in September last year. Riders can now get matched with Waymo's autonomous vehicles on Uber Technologies, Inc. (NYSE:UBER)'s app for travel across 65 square miles of Atlanta. There are already around 100 Waymo vehicles on Uber Technologies, Inc. (NYSE:UBER)'s platform in Austin. The recent launch builds on the growing momentum in self-driving cars and follows Tesla's robotaxi trial run in Austin last week. Uber Technologies, Inc. (NYSE: UBER) is an American transportation company that provides ride-hailing services, food delivery, courier services, and freight services. It sold its self-driving unit in 2020 to reduce cash burn and focus on its core business. While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Bank of America Securities Maintained a Buy Rating on Uber Technologies (UBER), Sees Improved Outlook
Uber Technologies, Inc. (NYSE:UBER) is one of the 12 Best Stocks to Buy and Hold for the Long Term. On June 18, Justin Post from Bank of America Securities maintained a Buy rating on Uber Technologies, Inc. (NYSE:UBER) with a price target of $97. The rating comes on the back of an improved outlook for the company considering its partnerships with autonomous vehicle companies and expansion in ride-hailing services. On June 10, Uber Technologies, Inc. (NYSE:UBER) announced its partnership with Wayve to launch level 4 autonomous vehicles in London. This will be a trial launch which will focus on Level 4 driverless cars, capable of full self-driving within defined areas. The collaboration is just another instance of the company's partnership to enable autonomous vehicles. Analyst Post highlighted Uber's partnership with Waymo in California to test vehicles in New York. He believes these partnerships align with Uber Technologies, Inc. (NYSE:UBER)'s expansion strategy. A close up view of a hand holding a smartphone, using a ride sharing app. Moreover, the established network and diverse set of partnerships with industry leaders enables the company to mitigate risks arising from strong competition. In addition, Uber Technologies, Inc. (NYSE:UBER) continues to grow its ride-hailing platform. The number of trips for Q1 2025 grew 18% year-over-year to reach 3 billion, driven by a 14% growth in monthly active platform customers. While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
26-06-2025
- Automotive
- Yahoo
Tesla's robotaxi rollout raises safety questions
Tesla's much-anticipated robotaxi debut recently in Austin has sparked intense social media activity, blending enthusiasm with critical scrutiny. While early adopters praised the innovation and smooth user experience, concerns about safety and performance persist. Influencers are now driving conversations around Tesla's potential to disrupt the ride-hailing market, comparing its cautious rollout to more mature autonomous rivals like Waymo, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Launched over the last weekend with only a small number of cars and human supervision on and off the road, the robotaxi service was perceived as a significant milestone in Tesla's long-anticipated journey toward fully autonomous transportation. Shreyasee Majumder, Social Media Analyst at GlobalData, comments: 'Tesla's robotaxi has ignited a wave of excitement and skepticism, with influencers buzzing about its potential to revolutionize ride-hailing by outpacing competitors like Waymo and Uber Technologies in cost and efficiency, potentially solidifying Tesla's position. The discussions highlight smooth and responsive rides that adhere to traffic rules, fostering hope that the robotaxi will eventually be affordable for widespread use. 'However, while some praise Tesla's advancements in autonomous driving and envision a transformative future for transportation, a few raised safety concerns, noting that Tesla's reliance on safety operators contrasts with Waymo's fully driverless technology.' Below are a few popular influencer opinions captured by GlobalData's Social Media Analytics Platform: Bindu Reddy, CEO and Co-Founder at 'Waymos are all over SF but they are slower and more expensive than human driven Ubers. If Tesla RoboTaxi beats Waymo and Uber on price and speed, it will become the world's most valuable company! Zero doubt about it….' Ramez Naam, Climate Tech Investor: 'Tesla's robotaxi will undoubtedly improve. But this was not safe driving. You don't see this in Waymos today. Again, Tesla will get better. But doesn't seem like they're there yet.' Alex Voigt, EV Enthusiast: 'Yesterday, we witnessed a very successful launch of Tesla Robotaxis in Austin, with no problems, difficulties or challenges whatsoever. All customers reported flawless performance of the autonomous vehicles, and both the app and the controls in the back seat of the vehicles were interactive and intuitively easy to use. The rides were smooth but also responsive when necessary, and were indistinguishable from those of a good human driver on the road. All traffic rules were followed, and one vehicle even pulled over when an emergency vehicle approached from behind which many human drivers fail to do in a proper way…' Evelyn Janeidy Arevalo, Journalist at Cosmic Chronicles: 'Hope the Tesla Robotaxi is affordable for everyone to use once it's produced at a large scale. It would be cool to get a ride to SpaceX Starbase in a self-driving Robotaxi. It's a ~35 min drive from where I live.' "Tesla's robotaxi rollout raises safety questions – GlobalData" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
24-06-2025
- Automotive
- Yahoo
Why Shares of Uber Are Surging Today
Waymo's autonomous vehicles can now be booked through Uber's app in Atlanta. It's the second city the two companies have launched a partnership in. Uber has previously said it sees a big opportunity in partnering with autonomous driving companies. 10 stocks we like better than Uber Technologies › Shares of ride-hailing giant Uber (NYSE: UBER) traded roughly 7.6% higher as of 11:19 a.m. ET today. The company announced a partnership with Alphabet's Waymo in Atlanta that will allow people to order Waymo rides exclusively through Uber's app. The partnership comes in the same week that Tesla launched its robotaxi service in Austin, Texas, an event the market also met with enthusiasm. Atlanta is now the second market Uber and Waymo have partnered in. The two companies also forged a partnership in Austin, where there are now more than 100 Waymo vehicles exclusively available through Uber. Waymo trips in Austin have an average rating of 4.9 stars, according to Uber. Riders in Atlanta now have the chance of being paired with an autonomous, full self-driving vehicle at no additional cost, although riders will have the option to switch to a regular human-driven vehicle if they choose. Riders in Waymo vehicles will also have 24/7 access to customer support through the Uber app and Waymo's in-car screens. The Atlanta launch will start with 65 square miles of Atlanta, from the downtown area to Buckhead to Capitol View, and Uber and Waymo plan to expand in the future. Uber has no plans to build its own self-driving cars, but instead plans to partner with major players in the space -- and this strategy seems to be off to a good start. The company's platform, massive fleet, and operational experience makes it an ideal partner for autonomous companies, and presents a potentially large new revenue opportunity for Uber. I think the stock remains a buy. Before you buy stock in Uber Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Uber Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $676,023!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,692!* Now, it's worth noting Stock Advisor's total average return is 793% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Tesla, and Uber Technologies. The Motley Fool has a disclosure policy. Why Shares of Uber Are Surging Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
