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Track Uber Technologies in real time with a live news feed covering Uber Technologies stock news, official press releases, company announcements, and an archive of historical Uber Technologies news. ...more
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9:12 AM | Saturday | May 23, 2026
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Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, the Financial Times reported on Saturday.
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Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, the Financial Times reported on Saturday.
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Expedia Group NASDAQ: EXPE used a company event marking 30 years of Expedia to outline new partnerships, artificial intelligence initiatives and partner tools aimed at increasing traveler demand and simplifying travel operations.
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UBER gross bookings hit $53.7B in Q1 and it sees $56.25B-$57.75B in Q2 2026, as Mobility and Delivery demand stays strong.
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While Uber stock has been under pressure, its network effects and strategic positioning should serve as a foundation for future growth. Through various partnerships with leading companies such as Hertz, Expedia, and Santander, Uber is positioning itself as the indispensable orchestrator of the AV revolution. Gross bookings rose 21% YoY to $53.7 billion and non-GAAP EPS jumped 44% to $0.72 in Q1, demonstrating sustained operational excellence.
Rivian's delivery growth could drive a higher valuation.
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David Tepper of Appaloosa Management is already a big name in the hedge fund world.
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Uber beat Q1 EPS and forecast strong Q2 gross bookings as Mobility and Delivery demand stayed resilient despite Middle East tensions.
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Delivery Hero on Monday said Uber Technologies has bought additional shares and instruments in the company and now holds 19.5% of Delivery Hero's issued capital.
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Uber and South Korean internet giant Naver have formed a consortium and submitted a bid of up to 8 trillion won ($5.34 billion) to acquire Baedal Minjok, South Korea's largest food delivery platform, the Seoul Economic Daily reported on Monday.
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William Parr transitioned from restaurant work to driving for Uber. Parr, a deaf Uber driver, uses technology to communicate with his passengers.
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