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-0.000815993472052254 2.0399836801403E-05 -0.00108799129606961 -0.00244798041615657 -0.00203998368013044 -0.000407996736026127 -0.00421596627226985 -0.00557595539235682
Stock impact report

Uber Ace Hardware Expansion Puts New Focus On Uber Eats Valuation [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Uber Technologies (NYSE:UBER) has expanded its partnership with Ace Hardware to cover more than 3,700 stores across the United States. Ace hardware products are now available on Uber Eats for on demand and scheduled delivery of home improvement items. This move pushes Uber Eats further into non food retail delivery, focusing on everyday essentials and home projects. For investors watching Uber Technologies at a share price of $71.73, this expanded Ace Hardware deal adds a fresh angle to the story that has recently centered on acquisitions, robotaxis, and premium travel. The company has seen a 130.5% return over 3 years and a 10.2% return over 1 year, while the return year to date is a 13.4% decline. The new partnership highlights how Uber is trying to broaden where future demand on its platform might come from. This nationwide rollout into home improvement delivery could influence how you think about Uber Eats as more than a restaurant focused service. The partnership may sha Show less Read more
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