McDonald's and Amazon harness Uber's powerful network! I see the stock reaching $100 again!

215 million monthly active users, 4.1 billion rides per quarter, and five consecutive quarters with over 20% gross booking growth demonstrate the enormous power of the network!
Andreas Wimbauer
A. Wimbauer
Reading Time: 3 minutes

Uber Technologies (i)(UBER) is much more to me than just a taxi app. Under one roof, the company unites mobility, delivery, and freight, connecting active users with drivers, restaurants, and businesses in more than 15,000 cities. This network is Ubers greatest strength. Now, with robotaxis, the next level is being added. Uber does not necessarily want to develop every autonomous vehicle itself but aims to become the platform where various providers can utilize their fleets. By the end of 2026, around 700 fully driverless vehicles are expected to...

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