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Stock impact report

Uber made a surprise move, and drivers should care [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On Feb. 23, Uber announced yet another acquisition, one that's set to ensure users keep coming to the app, even when they don't need a ride or food delivery. The latest in the series of partnership and expansion announcements keeping Uber busy is its acquisition of SpotHero , a leading North American parking reservation platform. The deal is monumental and underscores Uber's push to become an all-in-one transportation app. While the financial terms of the deal were not disclosed, the transaction is expected to close in the first half of 2026, subject to regulatory approval. The acquisition, once formalized, will give Uber users access to SpotHero's extensive parking network, which has expanded since its 2011 inception to include more than 13,000 garages, parking lots, and valets across 400 cities in the U.S. and Canada. The in-app reservation will be integrated into the Uber app; moreover, Uber One members will receive parking-related benefits as part of their membership. F Show less Read more
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