Tag
ride-hailing
5 articles
Uber's Autonomous Bet Masks Earnings Illusion; Mobility Growth Decelerating
A $6.6B tax windfall inflates UBER's valuation; the stock's 30% pullback may not fully price in execution risk on driverless rollout and regulator dependencies.
GoTo Stock Collapses to Record Low as Indonesia Exchange Removes Trading Floor
The Indonesian ride-hailing and e-commerce giant's shares fell 14 percent after regulators lowered minimum trading price, extending a 90 percent decline from 2022 IPO levels
Grab Stock Drops 10.8% on Vietnam Driver Protests, Atome Acquisition Concerns
The Southeast Asian ride-hailing platform fell sharply as Vietnamese drivers protested pay cuts and investors balked at a $2 billion-plus bid for buy-now-pay-later specialist Atome Financial.
Grab Stock Falls 10.8% on Vietnam Driver Protests, Atome Deal Concerns
Southeast Asian ride-hailing giant Grab faces multiple headwinds: driver protests in Vietnam, a reported $2 billion Atome Financial acquisition, and insider share sales from CEO Anthony Tan.
Waymo Drops Uber Exclusivity in Atlanta, Austin—New Rivals Enter in 2028
The Alphabet unit will open its driverless service to competing platforms in two U.S. markets, pressuring Uber's premium autonomous ride business.