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Uber Technologies Inc.
141.61 0%
2332.13 -1.62%
264.81 -1.05%
39.19 -0.56%

Should You Invest In Uber Technologies Inc.?

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1,548,826 Uber Technologies Inc. positions opened on eToro

Uber Technologies, Inc. develops and operates technology applications to support a variety of transportation offerings. Operating internationally, the company manages a platform that connects consumers with providers of food delivery services, ride services, merchants, and public transportation networks. Founded in 2009, Uber Technologies has its headquarters in San Francisco, California. Uber Technologies operates its business through three segments: Mobility, Delivery, and Freight. Through the Mobility segment, Uber connects consumers with drivers who provide rides in various vehicles, including taxis, cars, motorbikes, auto rickshaws, and minibuses. The Mobility segment also handles activity related to the company's uber for business (U4B), transit and vehicle solutions, and financial partnerships. The Delivery segment allows consumers to search for and discover local restaurants, order meals, and either have the meal delivered or pick it up at the restaurant. This segment also manages grocery and convenience store deliveries in select markets. Uber's Freight segment connects carriers with shippers on its platform and permits the booking of a shipment. Listed on the NYSE, Uber Technologies is available under the ticker UBER. On 13 October 2021, Uber Technologies announced the completion of its acquisition of Drizly, an online alcohol ordering and delivery service, in a deal for approximately $1.1bn in stock and cash. On 15 November 2021, Uber Freight completed its acquisition of Transplace, a software and logistics company, for approximately $2.25bn in a cash deal. Follow UBER stock on eToro.

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