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Stock impact report

Uber's Zagreb Robotaxis Test Capital Light Path For Long Term Margins [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Uber Technologies (NYSE:UBER) is partnering with Pony.ai and Verne to roll out a commercial robotaxi service in Zagreb, Croatia. The launch is described as the first commercial robotaxi operation in Europe and marks Uber's entry into European autonomous mobility. The partnership includes a new investment in Verne, pointing to a deeper commitment to autonomous ride hailing beyond North America. For investors tracking Uber Technologies (NYSE:UBER), this move into European robotaxis comes with the stock trading at $73.08 and a 3 year return of 136.7% and a 5 year return of 34.1%. Short term performance has been mixed, with a 4.7% decline over the past week, a 3.3% gain over the past 30 days, and a 11.8% decline year to date. This underscores how news on new business lines can arrive against a backdrop of shifting sentiment. This Zagreb deployment adds a new piece to Uber's autonomous vehic Show less Read more
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