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Stock impact report

Uber's Macau Comeback Tests Growth Story And Cross Border Premium Rides [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 relaunched its ride-hailing services in Macau after several years away from the market. The company is introducing new mobility offerings, including a Macau to Hong Kong limousine connection. Uber is actively recruiting local drivers in Macau as part of its expanded regional push. For investors watching Uber Technologies, the Macau move comes with the stock trading at $80.84 and a 1-year return of 20.1%. Over 3 years the return is 138.5%, while the 5-year return stands at 36.3%, giving some context for how the market has treated NYSE:UBER through different periods. Re-entry into a Greater China linked market like Macau, combined with cross-border services, could be an important test of Uber's ability to rebuild presence in the region. As this rollout progresses, investors may focus on how quickly Uber can scale rider adoption, driver supply, and any regulatory or competitive responses across Macau and nearby hubs. Stay updated on the most i Show less Read more
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