Uber launches new rides to capitalize on Thanksgiving travel demand [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
holiday travelers, as the ride-hailing company seeks to overcome a slowdown in its mainstay app-based taxi business. The Uber XXL service, catered toward airport travel, is available in more than 60 airports globally, including 40 in the United States and Canada, the company said. The company also introduced new reservation features that allow users to input their flight details to receive a recommended time to leave for airport arrivals. WHY IT'S IMPORTANT Uber has been looking to reinvigorate demand, as it grapples with a weakening ride-hailing market due to economic uncertainty and high inflation impacting commuters. CEO Dara Khosrowshahi said last month that the company plans to capture suburban markets in the U.S. by focusing on features that allow users to reserve and wait for rides. CONTEXT Uber will also track flights to notify customers in case of a delay, and will offer them the option to adjust their airport drop-off accordingly. In 2023, Uber generated 15%
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UBER
Earnings
- 10/31/24 - Beat
UBER
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- UBER's page on the SEC website