Commercial scaling: Uber accelerates fleet of autonomous vehicles by 2027

Fleet expansion without drivers: Uber plans to triple the number of fully autonomous vehicles on the platform from around 700 units to over 2,000 units by the end of 2027. Operational leverage: With revenues of 14.77 billion dollars, gross bookings volume jumped 20 percent in the third quarter to 59.8 billion dollars. Muted profit outlook: Despite a record margin of 3, 9 percent, the quarterly EPS of 0, 88 dollars and the outlook for the fourth quarter fell short of market expectations. The mobility service provider Uber Technologies...