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0 0.000214408233276115 0.00107204116638073 0.00107204116638073 0.000643224699828498 0.000643224699828498 -0.00214408233276161 -0.00514579759862768
Stock impact report

Why Uber Travels Like A Local On Its Journey To Global Domination [Forbes]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Forbes
That's a meteoric level of expansion, fuelled by a localization strategy that sees Uber elegantly adapt its offering to the needs of each market. Want to travel around a small Greek island, for example? No problem, book an on-demand speed boat through the Uber app and avoid Mykonos' crowded streets. Or perhaps you're going on a ski trip to the Rocky Mountains with all your friends? Reserve a bus via Uber Charter to get you all there. By diversifying in different markets—and having a thorough, entirely unique and highly localized understanding of what consumers in those markets want—Uber has hit upon a winning formula. After a period of widely known struggles, Uber is creating significant value. Q1 results announced in May 2023 show revenue jumped 29% to $8.82 billion, following a 72% surge in ride-hailing and 23% growth in food delivery. Much of the improved performance is down to the overhauling of Uber's focus on consumer needs and internal values by CEO Dara Khosrowshahi. Aft Show less Read more
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