Uber Technologies Inc - Company Profile
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Business Description
Uber Technologies Inc (Uber) is a technology platform that facilitates movement by connecting consumers with independent providers of ride services for ridesharing, and with restaurants, grocers, and other stores for delivery services. It also connects shippers with carriers in the freight industry. Uber operates in over 70 countries, primarily in North America, Latin American countries, Europe (excluding Russia), the Middle East, Africa, and Asia Pacific (excluding China and Southeast Asia). Uber's platform uses a network of drivers, consumers, merchants, shippers, and carriers, supported by proprietary technology, operational excellence, and product expertise.
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R&D Overview
Uber focuses on developing new technologies to enhance existing offerings and services and expand the range of offerings through research and development and acquisition of third-party businesses and technology. The company invests in research and development activities to ensure a continual and timely flow of competitive new offerings and technologies, which is crucial for competing successfully in industries characterized by rapid technological advances. In FY2025, the company spent US$3,402 million on its R&D, which as a percentage of revenue, stood at 6.5%.
Business Segments
Overview
Offers services that allow consumers to search for and discover local restaurants, order meals, and either pick them up or have them delivered. It also includes grocery, alcohol, and convenience store delivery, collectively referred to as Grocery & Retail. Advertising is also part of this segment. Operates worldwide, with a focus on regions such as North America, Latin American countries, Europe, the Middle East, Africa, and Asia Pacific.
Performance
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Overview
Connects Carriers with Shippers, offering upfront pricing and shipment booking. It serves the logistics and transportation industries. Operates primarily in North America and Europe.
Performance
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Overview
Connects consumers with drivers for ridesharing services, offering various transportation modalities such as cars, auto rickshaws, motorbikes, minibuses, and taxis. It also involves financial partnerships and advertising. Serves the transportation industry 70 countries worldwide, excluding Russia, China, and Southeast Asia.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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