Uber Technologies (UBER) Company Report

Uber relaunched operations in Macau, marking its first new Asian market entry in years by enabling ride booking and payment for licensed taxis through its app.
Launched a cross-border limousine service between Hong Kong and Macau with upfront pricing (including tolls), 24-hour advance reservations up to 90 days, operated by partner Kwoon Chung.
Positioned as a cautious, fully licensed model in collaboration with local authorities to support Macau’s tourism rebound and Greater Bay Area connectivity.
Market analysts maintain a Strong Buy consensus on UBER stock based on 30 Buys, 3 Holds, and 1 Sell over the past three months.
CEO Dara Khosrowshahi expects to roll out robotaxi services in over 10 markets by end of 2026, potentially including Hong Kong and Japan.

17 hours ago

Bloomberg

Uber invests in Waabi’s $1B robotaxi funding round

UBER

New Projects/Investments

Waabi raised up to $1 billion—a $750 million Series C co-led by Khosla Ventures and G2 Venture Partners plus a $250 million milestone-based commitment from Uber—bringing total funding to $1.28 billion.
Under the deal, Uber will deploy at least 25,000 Waabi Driver–powered robotaxis exclusively on its ride-hailing platform, with additional capital tied to deployment milestones.
Strategic and financial backers include Uber, Nvidia’s VC arm (NVentures), Volvo Group Venture Capital, Porsche, BlackRock, Radical Ventures and an ADIA subsidiary; Waabi’s valuation is reported at $3 billion.
Waabi’s single, end-to-end “physical AI” shared brain aims to power both autonomous trucking and robotaxis, though timelines, vehicle partners and safety plans remain undisclosed.

7 days ago

Bloomberg

Uber invests in Waabi’s $750M Series C for robotaxis

UBER

New Projects/Investments

Waabi closed an oversubscribed $750 M Series C round co-led by Khosla Ventures and G2 Venture Partners, with participation from Uber, NVIDIA’s NVentures, Volvo Group Venture Capital, Porsche, BlackRock, ADIA, and others.
As part of the partnership, Uber will invest additional milestone-based capital to support the development and deployment of 25,000+ Waabi Driver-powered robotaxis exclusively on the Uber platform.
Waabi’s Physical AI Platform uses a shared end-to-end AI model for both autonomous trucks and robotaxis, enabling rapid scaling and cross-application improvements.

7 days ago

Press Release

Uber expands grocery delivery network with Kroger partnership

UBER

Product Launch

Uber Technologies and Kroger have launched delivery of nearly 2,700 Kroger Family of Companies stores on the Uber Eats, Uber and Postmates apps nationwide.
Customers can now order fresh groceries, Kroger’s Our Brands favorites and household essentials for on-demand and same-day delivery via Uber’s platforms.
This rollout deepens Uber’s presence in grocery delivery and strengthens its strategic partnership with a leading supermarket chain.

Jan 15, 2026, 5:38 PM

Press Release

Uber adds nearly 2,700 Kroger stores to its delivery apps

UBER

Product Launch

Uber and Kroger launched nearly 2,700 Kroger Family of Companies stores on Uber Eats, Uber, and Postmates apps nationwide.
Customers can browse full store assortments—from fresh groceries to household essentials—across multiple Kroger banners for on-demand and same-day delivery.
Uber is offering up to 50% off first orders from Kroger banners and $0 delivery fee for Uber One members on eligible orders.
The partnership aims to broaden access and convenience, enhancing flexibility for millions of households.

Jan 15, 2026, 1:00 PM

Press Release

Torq raises $140M Series D at $1.2B valuation

UBER

New Projects/Investments

Torq closed a $140 million Series D round led by Merlin Ventures, bringing total funding to $332 million and valuing the company at $1.2 billion.
Proceeds will accelerate the global rollout of its end-to-end Torq AI SOC platform, which automates alert triage and threat response via agent-based AI.
In 2025, Torq achieved rapid Fortune-100 adoption of its self-service AI agents and, with Merlin’s government relationships, is expanding into the US federal and public-sector markets.

Jan 12, 2026, 5:21 PM

Press Release

Uber updates non-GAAP metrics and segment reporting

UBER

Accounting Changes

New non-GAAP metrics: Beginning in Q1 2026, Uber will replace Adjusted EBITDA with Non-GAAP Operating Income, Non-GAAP Net Income, and Non-GAAP EPS, now including depreciation, amortization (excluding acquired intangibles), and stock-based compensation.
Segment reporting change: Starting in Q1 2026, the company will shift its segment performance measure from Segment Adjusted EBITDA to Segment Operating Income, excluding non-cash items deemed non-indicative of ongoing performance.
Presentation update: In its FY2025 Form 10-K, Uber will reclassify interest income from “Other income (expense), net” to a separate line item on the consolidated statements of operations.

Jan 12, 2026, 12:04 PM

8-K

Uber to trial Baidu’s Apollo Go robotaxis in London

UBER

New Projects/Investments

Baidu will partner with Uber and Lyft to pilot its Apollo Go RT6 robotaxis in London in H1 2026, pending UK regulatory approval.
Lyft plans initial testing with a few dozen all-electric RT6 vehicles via the Lyft and FreeNow ecosystem, scaling to hundreds, while Uber will integrate Apollo Go RT6 vehicles into its platform during the trial.
The UK government aims to permit small-scale robotaxi pilots in spring 2026 under the Automated Vehicles Act, aligned with the City of London’s ‘Vision Zero’ goal to eliminate serious road injuries and fatalities by 2041.
Baidu reports completing over 17 million shared rides across 22 cities and accumulating more than 240 million km of autonomous driving, including 140 million km in fully driverless mode.

Dec 22, 2025, 5:08 AM

WSJ

Uber launches autonomous robotaxi rides in Dubai

UBER

Product Launch

New Projects/Investments

Uber and WeRide partner with Dubai RTA to launch Robotaxi rides in select Umm Suqeim and Jumeirah zones via the ‘Autonomous’ option on the Uber app
Trial includes onboard specialists, laying groundwork for a fully driverless commercial service in early 2026
Initiative supports Dubai’s Self-Driving Transport Strategy targeting 25% autonomous journeys by 2030, following 153 million total trips and 28% shared mobility growth in 2024
WeRide operates ~150 AVs in the Middle East, including over 100 Robotaxis, leveraging its L2–L4 WeRide One platform

Dec 12, 2025, 9:00 AM

Press Release

Uber CFO outlines growth momentum and investment focus at UBS 2025 Global Tech & AI Conference

UBER

Revenue Acceleration/Inflection

New Projects/Investments

Uber grew 21% YoY in gross bookings in Q3 2025, reaching a $50 billion run rate, driven by broad-based strength across products and regions.
Penetration of adults using Uber or Eats in the top 10 markets remains at ~15%, with only 20% using both services, indicating significant room for user growth globally.
The “Bending the Insurance Cost Curve” initiative has cut U.S. insurance cost growth to mid-single digits, enabling the reinvestment of hundreds of millions into lower mobility pricing in 2026.
Delivery has accelerated for over a year, supported by a 50% YoY increase in merchant-funded offers, expansion in grocery/retail (now a $12 billion run rate), and ongoing product quality improvements.
Uber plans to offer robotaxis in 10+ cities by end-2026 through partnerships with AV providers (e.g., Waymo), leveraging its platform to drive high vehicle utilization.