Gig economy and autonomous vehicle analysis: Uber, Lyft, DoorDash, Tesla, Waymo, and the race for autonomous mobility.
Uber Technologies Inc. and ride-hailing services.
Uber, Lyft, and DoorDash all reported Q3 earnings November 4-5. Uber missed estimates for the first time in quarters. DoorDash posted its first profit as a public company but stock dropped 17%. Lyft hit $1 billion free cash flow but missed EPS. Three companies, three completely different stories.
Uber's $4,000 EV driver grants reveal sophisticated strategy managing regulatory requirements, driver economics, and autonomous vehicle optionality. This isn't charity—it's mature business planning.
Uber's piloting a program letting drivers earn money through AI data labeling tasks when they're not on the road, tapping into the $6.5 billion data labeling market.
Uber is replacing Charter Communications in the S&P 100 index, marking another milestone in the company's transformation from cash-burning startup to blue-chip corporate heavyweight
Uber announced a six-year partnership with Lucid and Nuro to deploy over 20,000 robotaxis, investing $300 million in the EV maker while Nuro provides Level 4 self-driving technology
Uber announced a partnership with May Mobility to deploy thousands of self-driving vehicles across US cities, starting with Arlington, Texas by late 2025, adding another AV provider to Uber's growing autonomous strategy
Waymo and Uber are expanding their partnership to Austin and Atlanta, bringing fully autonomous rides to both cities starting early 2025. The service will be available only through the Uber app, with...
Uber and BYD announced a multi-year partnership to deploy 100,000 EVs across global markets, offering drivers best-in-class pricing and financing while collaborating on future autonomous vehicles
Denver witnessed a surge in Lime scooter and e-bike usage in 2023, with a notable spike during Taylor Swift's Eras Tour
Uber has made a big step in the financial world by joining the prestigious S&P 500, as announced on December 1, 2023