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Stock impact report

Uber CEO says robotaxis are a 'trillion-dollar-plus' business — and one market will drive the boom [Business Insider]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
John Nacion/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Uber CEO says one market will lead the robotaxi boom. Dara Khosrowshahi said robotaxis are a "trillion-dollar-plus" industry and Asia has major potential. The ride-hailing giant has been leaning hard into autonomous driving. Uber is preparing for a robotaxi surge, and its CEO says one market will drive it. Dara Khosrowshahi said in an interview with Bloomberg Television published Friday that robotaxis are a "trillion-dollar-plus" opportunity and Asia is a huge growth market for the ride-hailing giant. "I expect to be in 10-plus markets by next year. And we want those markets to be in the Asia-Pacific region as well," Khosrowshahi said. Uber has self-driving vehicles in the US and the Middle East. Analysts have long touted autonomous mobility as one of the biggest bets in the transportation industry. In 2023, M Show less Read more
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