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Stock impact report

TechCrunch Mobility: Uber enters its assetmaxxing era [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
To get this in your inbox, sign up here for free — just click TechCrunch Mobility A few weeks ago, I wrote about how Uber seemed to be everywhere, all at once in the emerging autonomous vehicle technology sector. The Financial Times has now put a number on it. The FT calculated that Uber has committed more than $10 billion to buying autonomous vehicles and taking equity stakes in the companies developing the tech, according to public records and discussions with folks behind the scenes. About $2.5 billion of that is in direct investments, with the remaining $7.5 billion to be spent on buying robotaxis over the next few years, the outlet reported. We've reported on Uber's numerous investments and deals with autonomous vehicle companies across drones, robotaxis, and freight. Some of its investments include WeRide Lucid and Nuro Rivian , and Wayve This rather large number (and particularly that $7.5 billion) got me thinking about another transformative era in Uber's history and how Show less Read more
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