Uber Technologies (NYSE: UBER)
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General
Rideshare & Delivery Nov '23: Profitability and Strong Growth (for some)
This article takes a deep dive on the world of rideshare and food delivery. For a long time all of these businesses - Uber, Lyft, Doordash, Deliveroo etc. - were very popular, fast growing businesses.29th Nov, 2023
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Driveless cars are driving headlines. Here's what you've missed
In today's episode of The Dive, Sascha and Alec catch you up on what's been happening and ask, who's in poll poition in the race to commercialise self-driving technology?6 November
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Ridesharing Q4 2022 Review: Dispersion
For years investors have wondered if this business model could ever be profitable. We're not quite there yet, but Uber seems to be doing all it can to get there (you've probably noticed the up tick in prices for Uber rides and UberEATS).20th Feb, 2023
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Uber whistleblower says current business model 'absolutely' unsustainable
Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture, but that its business model was still "absolutely" unsustainable. -
General
The Decade of Cheap Rides Is Over
Profitability is the name of the game for tech stocks in 2022. The market, once incredibly patient with unprofitable companies investing for growth, has taken a sharp, inpatient turn. Uber’s share price has been cut in half over the past 12 months, down 54%. If they can’t generate a profit in coming quarters, this may just be the start.31st May, 2022
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What's the deal with the gig economy?
The gig economy! It's not just for musicians anymore... all you need is your smartphone and an app, and within minutes you could be driving people around, delivering food, or walking dogs, in exchange for cash. It's thanks to companies like Uber, Doordash, and Wag that built marketplaces that facilitated work easily. That's the gig economy. This way of working is a two way street - while there’s no commitment from the company, there’s also no commitment from the worker either. But just like dating - working under a ‘no commitments’ structure is great in theory, but often becomes a little more complicated in practice. This week, Australia’s Transport Workers Unions has made a deal with gig economy giant DoorDash, a sign that things might be about to change. Today Darcy and Sascha talk about the significance of this move, what's going on globally, and what the future looks like for the companies and workers who make up the gig economy.14 May
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General
For food delivery apps, private label is the next battleground
Food delivery apps have been one of the biggest winners from the pandemic, as people around the world were locked down and ordering food from our phones become a staple of day-to-day life. Now it seems some of these food delivery apps are following a path well-worn by food retailers before them, moving into private label.21st Sep, 2021
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General
From Ghost Kitchens to Ghost Franchises
Ghost kitchens are restaurants that have no dine-in and no customer pick-up. They are built exclusively for the food delivery apps - UberEATS, Deliveroo, DoorDash - and are able to achieve lower costs by occupying non-desirable locations and able to create multiple restaurants in one location (i.e. list a Mexican, Chinese and Burger restaurant on the apps, but cook it all out of the same kitchen).8th Mar, 2021
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General
How an army of ghost kitchens are challenging traditional restaurants
UberEATS, DoorDash and GrubHub have ushered in a new era in restaurants. The past few years have seen a rise of ‘ghost kitchens’ (aka cloud kitchens), restaurants with no in-person ordering or in-person dining. These kitchens are set up never to see a customer. Rather, they are optimised for the food delivery platforms.22nd Feb, 2021