UBER News and Press, Uber Technologies Inc. From 02/27/23

Albemarle ( NYSE: ALB ) and Celanese ( NYSE: CE ) on Monday were added to Well Fargo’s Signature Picks portfolio, replacing Dow ( NYSE: DOW ) and Olin ( NYSE: OLN ). The model portfolio is made up of the best investment ideas from equity analysts at the fina...

Summary According to the latest U.S. e-commerce data release on February 17, 4Q e-commerce continues to grow its market share of total retail sales on a year-over-year basis as predicted. The S-Network Global E-Commerce Index (ECOMX) was up 12.9% YTD on a total return basis compared to ...

Summary Grab's super app strategy and early lead in key markets make it a dominant player in the Southeast Asian tech ecosystem. The company's focus on profitable verticals like food delivery and ride-hailing, coupled with the potential of its fintech platform, makes it an attractive in...

Summary Grab has been focusing on improving profitability by reducing partner and consumer incentives, which has helped improve its adjusted EBITDA margin, but resulted in slower growth in Gross Merchandise Value. The company has significant liquidity, including billions in cash and sho...

Summary Uber is the leading ride-sharing company with 131 million monthly users and 71% market share in the US, being active in different fields of road transportation. Uber is expected to maintain its growth momentum, which will lead to reaching profitability in the near term and solid...

Summary DoorDash continues to grow orders with double-digit percentages. Growth in grocery delivery is probably increasing cash burn and lowering adj EBITDA generation. Stock-based compensation expenses continue to be high - and the buybacks offsetting the dilution turn these expens...

The ride-sharing market is dominated by two major players: Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) . At a high level, Uber and Lyft primarily compete within the same domain in that both companies offer consumers personal taxis at the click of a button. Given the sim...

Summary Lyft shares look priced at bargain levels near $11 following a 36% plunge following Q4's report and Q1's weaker-than-expected guidance. Although the guidance raises questions about Lyft's turnaround plan, the ride-hailer trades at a steep discount to Uber. Even with the assu...

Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) are often mentioned in the same breath, as they both provide ride-hailing services and vehicle rentals, but the two companies are fundamentally different. Uber is larger and more globally diversified, and it operates a dedicated food deliver...

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