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Uber Technologies Inc UBER

Alternate Symbol(s):  N.UBER

Uber Technologies, Inc. is a technology company, which develops and operates proprietary technology applications supporting a variety of offerings on its platform (Platform(s)). The Company connects consumers (Rider(s)) with independent providers of ride services (Mobility Driver(s)) for ride sharing services and connects Riders and other consumers (Eater(s)) with restaurants, grocers and other stores with delivery service providers (Couriers) for meal preparation, grocery and other delivery services. The Company also connects consumers with public transportation networks. It also connects shippers with carriers in the freight industry. It is also developing technologies designed to provide new solutions to solve everyday problems. Its technology is available in approximately 70 countries around the world, principally in the United States and Canada, Latin America, Europe (excluding Russia), the Middle East, Africa, and Asia (excluding China and Southeast Asia).


NYSE:UBER - Post by User

Comment by NineLiveson Dec 02, 2020 1:38pm
72 Views
Post# 32018990

RE:Everyone eats

RE:Everyone eats Talk to any resturant owner and you'll get the same answer. It's not sustainable !!!

Los Angeles restaurant owner and consultant Adam Weisblatt often tells his clients that third-party delivery is a good tool for short-term cashflow – but not for profit.

“The delivery fees and service charges from these websites are murder. They’re incredibly high rates,” said Weisblatt. “It’s almost impossible to profit at all.”

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