Uber Technologies, Inc. (UBER) News

Uber Technologies, Inc. (UBER)

Today's Latest Price: $33.15 USD

0.78 (-2.30%)

Updated Jul 9 4:10pm

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Latest UBER News From Around the Web

Below are the latest news stories about Uber Technologies Inc that investors may wish to consider to help them evaluate UBER as an investment opportunity.

Uber, Cornershop launch grocery integration

Uber (UBER) partners with grocery delivery startup Cornershop to bring in-app grocery ordering to users in select Latin American and Canadian cities.Last year, Uber agreed to acquire a majority stake in Cornershop, and that deal is expected to close in the coming days.Uber Eats has conducted grocery experiments with more...

Seeking Alpha | July 7, 2020

Uber board approves $2.65B deal for Postmates - Bloomberg

Uber's (UBER) board has approved a $2.65B acquisition of Postmates (POSTM), combining two food-delivery rivals, Bloomberg reports. The all-stock deal is expected to be announced as soon as tomorrow morning. Uber's head of food delivery (Pierre-Dimitri Gore-Coty) is expected to continue to run the larger combined business, which will now...

Seeking Alpha | July 6, 2020

Uber: The Postmates Acquisition Might Not Be As Value Accretive As It Sounds

Source Uber Technologies Inc. (UBER) has been desperate for an acquisition over the last few weeks. First, the company was interested in GrubHub Inc. (GRUB) but the plan fell apart when the two companies could not reach a middle ground regarding an offer price. Uber cited antitrust concerns as well,...

Dilantha De Silva on Seeking Alpha | July 6, 2020

Uber: Delivering Food And My 4 Seconds Of Fame On PBS (Not PBS Kids, Unfortunately)

I was on PBS NewsHour talking about Uber Eats and the food delivery business (you can watch it here). When I told my six-year-old daughter Mia Sarah about it, she shrugged and said she’d be more impressed if I was on PBS Kids; at least she could brag to her...

Vitaliy Katsenelson, CFA on Seeking Alpha | July 5, 2020

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