About Uber Technologies Inc
Uber shares went live on the stock market since beginning of May 2019. Short Selling are worries about the current valuation if the ride sharing numbers goes down significantly in 2020. However, there are still many countries where Uber are still not available and might have a great upside.- Uber didn't manage to merge with Grubhub due to an antitrust investigation. Sometimes, “big” can be a problem.
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.
GWR Member & Uber Driver Urges Investors To Vote Yes On Proposal 5
Monday, 10 May 2021, 20:38:13
GWR Member & Uber driver urges investors to vote YES on Proposal 5 from Teamsters that would increase transparency around Uber lobbying efforts. Q1 2021 hedge fund letters, conferences and more Uber Driver and GWR Member Urge To Vote Yes On Proposal 5 Today at 11AM PST Uber Driver and Gig Workers Rising member, Rondu […] The post GWR Member & Uber Driver Urges Investors To Vote Yes On Proposal 5 appeared first on ValueWalk .
Edtech startup StudySmarter raised $15 million in a funding round backed by Left Lane Ventures using this pitch deck
Saturday, 8 May 2021, 11:00:00
Summary List Placement German edtech startup StudySmarter recently raised $15 million in a funding round that counted Owl Ventures and Left Lane Capital among the backers. The online learning platform, which helps students develop study plans, create flashcards, and access publishers' content, has thrived in Germany, Australia, and Switzerland. Since it was founded in 2017, the company has accrued more than a million users and locked in a deal to produce educational content for publishing giant Pearson. Owl Ventures is best known for backing edtech startups like upskilling firm Degreed, and learning app Byju. Left Lane has already landed a wealth of investments in high-profile firms, including meal kit supplier Hello Fresh and travel site Trivago . StudySmarter also won angel investment from Lars Fjeldsoe-Nielsen , a former Uber VP and ex-partner at Balderton Capital. “StudySmarter is further democratizing access to educational materials with a seamless user experience and rapidly expanding content catalogue,” said Vinny Pujji, Managing Partner at Left Lane Capital .
— Business Insider
Square Reports Q1 Earnings: What Do Analysts Think?
Friday, 7 May 2021, 18:14:29
Square Inc (NASDAQ: SQ ) shares traded higher by 6% on Friday morning after the company reported a Bitcoin (CRYPTO: BTC)-fueled surge in first-quarter revenue. For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16 cents and $3.36 billion, respectively. Revenue was up 266% from a year ago. Related Link: Uber Analysts Bullish After Q1 Report: ‘Mobility's Recovery Continues To Progress' Gross profit from the company’s Cash App was up $171 to $495 million. Square also reported $3.5 billion in Bitcoin revenue and $75 million in Bitcoin gross profit in the quarter. Square said it lost $20 million on the $170 million worth of Bitcoin it purchased in February, as of March 31. Square said it now holds roughly $472 million in Bitcoin. Multiple Growth Drivers: BTIG analyst Mark Palmer said Square’s report demonstrates … Full story available on Benzinga.com
Can Kodiak Robotics Compete With The Big Boys Of Autonomous Trucking?
Friday, 7 May 2021, 16:38:27
Kodiak Robotics is one of several Silicon Valley autonomous trucking software developers. But it gets less attention than players that started earlier. It also lacks the fundraising and manufacturer partnerships that competitors have. TuSimple's public trading debut, the reputational credit given to Google -backed (NASDAQ: GOOGL ) Waymo Via and partner-rich Aurora Innovation crowd out Kodiak. China-backed Plus generates significantly more headlines. More recently, Embark Trucks has, too. “I think the technology story hasn't really gotten a tremendous amount of coverage over the last year and a half, two years, somewhat sadly, from this technologist's perspective,” Kodiak co-founder Don Burnette told FreightWaves. Burnette A Pioneer But Kodiak A Latecomer As a master's student in robotics at Carnegie Mellon University in the late 2000s, Burnette was among a pioneering group of self-driving technologists associated with the Defense Advanced Research Projects Agency (DARPA) self-driving vehicle competitions.
5 Ways to Make Sane Investments When Everyone Else Is Crazy
Friday, 7 May 2021, 05:07:50
When grandmas and Uber drivers are boasting about profiting on Bitcoin and SPACs, don’t get sucked in to the hype. Here’s how to make sure your investments are based on reality.
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