Potential risks to be aware of with this company/stock
– The quarterly reports for Uber will be watched closely by analysts, since ride-sharing gone down drastically in many countries around the world and many even changed their behaviour following Covid-19. Today, many are rather driving their own car, walking, cycling or taking motorbike to get around due to the increased infection risks Uber drivers been having.
– Might be forced to treat drivers as employees instead of independent contractors, which could add extra costs to the business, while making it less flexible.
– Uber's surge pricing during busy times made many customers either stop using it, since normal taxi is cheaper in many countries, or start to get very negative towards Uber.
– Sexual harassment from Uber drivers created #deleteuber campaign and many female passengers got worried to ride with the company.
– Self-driving cars could both be an opportunity and high risk for Uber, according to the company themselves.
– Pick-ups and drop-offs at airports are getting harder and costlier, making some customers opting for other transport modes.+ Still not available in many countries with monopoly.
– Several Uber executives are selling shares in the company.
– Do UBER still own Uber Eats? Yes, they do, except in some countries such as India sold the local, Indian Uber Eats to Zomato a privately hold company. Uber Technologies Inc received a 9.9% stake in Zomato when they sold the Indian Uber Eats in January 2020.
– Uber rides cannot go in taxi lanes in most countries, which add extra time to your journey when there is traffic, compared to going with a real taxi driver.
– Many competing apps such as Gett in the UK, Israel and Russia are usually quicker (since allowed in taxi lanes).
– Lots of alternative app based ride sharing sites are cheaper, such as Didi in China and Mexico, Ola Cabs in India and Kapten in Portugal and France are way cheaper.
Potential upsides beneficial to the company/stock
+ Uber done a great job informing clients about Coronavirus.
+ Excellent brand name, easy to remember.
+ Still don't have many of the top-end restaurants on Uber eat.
+ Lots of potential for Uber bicycles in more cities.
+ Uber Chopper can also roll out in many more locations with time, including London, Stockholm and Barcelona.
+ Cashless rides are simple and convenient. You never give any cash to the drivers. Just order from the app.
+ The app might be the biggest assets of the company, apart from the memorable name.
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Monday, 25 October 2021, 20:38:09
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Innovation – Seeking nominations for the rising stars of brand marketing in 2021
Monday, 25 October 2021, 19:21:05
Insider”s 2020 rising stars of brand marketing Hulu; Uber; Frito-Lay; P&G; Yuqing Liu/Business Insider Insider is seeking nominations for our list of rising stars of brand
— Business Mag
Heathrow ”flying taxis” could shuttle passengers to Plymouth for price of an Uber in four years
Sunday, 24 October 2021, 13:15:05
All for the price of an Uber
— Plymouth Live
M&T Bank Corp Raises Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)
Sunday, 24 October 2021, 13:06:42
M&T Bank Corp boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,761 shares of the ride-sharing companys stock after purchasing an additional 3,343 shares during the quarter. M&T Bank Corps holdings 
— Dakota Financial News
Uber will be stronger than it ever has been coming out of the pandemic
Sunday, 24 October 2021, 12:38:12
Global CEO of Uber, Dara Khosrowshahi, says coming out of the pandemic, Uber will “be stronger” than it ever has been both in terms of mobility and delivery. “It”s been a very tough time for us, and I think for the world,” Mr Khosrowshahi told Sky News Australia. “We immediately turned to making sure that drivers who were out there were driving safely – if they felt ill in any way, shape, or form, we”d take care of their pay until they could get better. “We then turned to really helping frontline workers, healthcare workers, have access to transportation.”
— The Australian Mercury
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