Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai [TechCrunch]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: TechCrunch
Riders can now book the vehicles through Uber's app, with operations in commercial and industrial districts like Dubai Silicon Oasis, Dubai Investment Park Second, and Jabal Ali Industrial First, as well as suburban areas and the maritime trading hub Al Hamriya Port. The service is operated locally by Tawasul, a mobility and fleet operator in the United Arab Emirates. The companies first introduced robotaxis to Dubai in December under a pilot program, but didn't charge for rides and still had a human safety operator on board. The government's Roads and Transport Authority issued a driverless vehicle trial permit to the companies last month. The deployment signals an escalation in WeRide's robotaxi operations in the region. It also coincides with Uber's increased stake in the company. Uber now holds a 5.82% stake in WeRide, according to documents filed Monday with the U.S. Securities and Exchange Commission. The equity stake is valued at around $400 million based on WeRide's closi
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UBER
News
- Stock Market Today, March 31: Grab Rises Ahead of Fuel Surcharge Rollout [Yahoo! Finance]Yahoo! Finance
- Uber and WeRide ramp up robotaxi operations in Dubai [TechCrunch]TechCrunch
- Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Says Uber Technologies “Represents Long-Term Great Value” [Yahoo! Finance]Yahoo! Finance
- WeRide and Uber Launch Fully Driverless Robotaxi Fare-Charging Operations in Dubai, Accelerating Autonomous Mobility in the Middle East [Yahoo! Finance]Yahoo! Finance
UBER
Earnings
- 2/4/26 - Miss
UBER
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/23/26 - Form ARS
- 3/23/26 - Form DEFA14A
- UBER's page on the SEC website