Uber

Uber Technologies Inc is a equity in the USA market. The price is 93.63 USD currently with a change of 1.49 USD (0.02%) from the previous close. The latest open price was 92.63 USD and the intraday volume is 8112562. The intraday high is 94.06 USD and the intraday low is 92.09 USD. The latest trade time is Thursday, July 3, 14:19:00 PDT.

Uber Technologies, Inc., founded in 2009 and headquartered in San Francisco, California, has evolved into a global leader in mobility and logistics solutions. The company operates through three primary segments: Mobility, Delivery, and Freight.

Mobility

Uber's Mobility segment connects consumers with a diverse range of transportation options, including ridesharing, carsharing, micromobility, rentals, public transit, and taxis. This segment offers riders access to various vehicle types and provides financial partnership products and advertising services.

Delivery

The Delivery segment encompasses Uber Eats, an online food ordering and delivery platform launched in 2014. Uber Eats operates in over 6,000 cities across 45 countries, allowing consumers to discover local restaurants and order meals for pickup or delivery. Additionally, Uber Direct offers a delivery-as-a-service for retailers and restaurants. The company also provides advertising services within this segment.

Freight

Uber Freight manages a transportation and logistics network that connects shippers and carriers in a digital marketplace. This platform offers carriers upfront pricing and shipment booking, as well as an on-demand platform to automate logistics transactions for businesses ranging from small and medium-sized enterprises to global enterprises.

Global Presence

Uber operates in approximately 72 countries and over 10,500 cities worldwide.

• United States locations include San Francisco, CA; San Jose, CA; Los Angeles, CA; Dallas, TX; and Atlanta, GA.
• Additional US locations: Tempe, AZ; Goodyear, AZ; Buckeye, AZ; Hillsboro, OR; San Francisco, CA; Fayetteville, AR; Rio Rancho, NM; Albuquerque, NM; Pueblo, CO; Columbia, SC; Springfield, MA; Elizabeth, NJ; Alexandria, VA; Garland, TX; Mesquite, TX; Oak Park, IL.
• Internationally, Uber has a significant presence in cities such as London, UK; Paris, France; and Sydney, Australia.

Financial Performance

In 2023, Uber reported a profit of 1.89 billion USD, with revenue totaling 37.28 billion USD. This performance was driven by strong bookings in the final quarter of the year, a substantial increase in delivery revenue, and a rebound in its ride-hailing service.

Sustainability Initiatives

Uber is committed to becoming a fully electric, zero-emission platform by 2040, with 100% of rides taking place in zero-emission vehicles, on public transit, or with micromobility options.

The company aims to tackle climate change by offering riders more ways to ride green, helping drivers transition to electric vehicles, and partnering with NGOs and the private sector to expedite a clean and just energy transition.

Through its diverse services and global reach, Uber continues to innovate and expand, striving to make movement accessible and efficient for people and goods worldwide.