Uber and WeRide Bring Autonomous Ride Services to Dubai – Stock Stabilizes at the 200-Day Moving Average!
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Uber Technologies (UBER) concluded the fiscal year 2024 with the strongest quarter in the company's history and is currently ahead of its three-year plan regarding gross bookings, adjusted EBITDA, and free cash flow. With 171 million monthly active consumers and an average of 33 million rides per day, the reach is substantial. Significant opportunities lie primarily in autonomous driving, with 1 trillion USD available in the USA alone. CEO Khosrowshahi made it clear: "We are convinced that Uber will be the indispensable market partner for AV providers."...
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