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Aurora Innovation ($AUR) and Uber Freight Expand Pilot to Autonomously Haul Goods for Holiday Season
Aurora Innovation (NASDAQ: AUR), and Uber Freight have announced the expansion of their autonomous pilot with a new commercial lane between Fort Worth and El Paso. The 600-mile lane across Texas was launched in October and is supporting Uber Freight customers as they prepare for the 2022 holiday season.
According to the consumer trend forecasts, ube, a purple yam that has played a central part in Filipino food culture for more than four centuries, will be a huge global hit in 2023.
Uber is the market leader in ride-hailing, a business which has recovered with hypergrowth since the lockdown of 2022. The company has three strong growth engines: Mobility, Delivery and Freight which work together to produce a flywheel effect on growth.
Uber's (UBER) efforts to expand its Delivery operations in response to the surge in business are impressive. However, rising expenses are concerning as they pose a threat to Uber's bottom line.
Uber's expanding set of services makes it attractive to both drivers and consumers.
The inventor of Uber's dynamic pricing is investing in startup Sauce that raises prices on online orders during peak hours.
Uber is seeing continued growth in the post-pandemic era, which is good news for investors. The mobility business is making a strong comeback from pandemic woes at a time when delivery growth is slowing.
Uber followed up a history-making second quarter with yet another quarter of positive free cash flows. The performance of the Eats/Delivery division has made a mockery of its skeptics.
Deirdre Bosa reports Uber's fourth quarter earnings results. The company lost $6 billion dollars, but the CFO says it's on track to achieve profitability in 2021.
Uber announced Tuesday it is acquiring alcohol-delivery service Drizly for $1.1 billion in stock and cash. Uber CEO Dara Khosrowshahi and Drizly CEO Cory Rellas join "Squawk on the Street" to discuss the deal.