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Uber Delivery Service Key For Growth, Analysts Say After Mixed Q4
Thursday, February 11, 2021 - 7:36pm | 540While mobility continued to decline in the fourth quarter for Uber Technologies Inc (NYSE: UBER), strength was shown in the company’s delivery business. Analysts are out with comments and reactions to the fourth-quarter earnings, as well as thoughts about what’s next. The Uber...
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Fintech Focus For February 3, 2021
Tuesday, February 2, 2021 - 8:18pm | 2714Quote To Start The Day: To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow. Source: Public.com One Big Thing In Fintech: An “anonymously” led startup called Millions has raised a $3 million seed round...
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News Alert: Uber Acquires On-demand Alcohol Marketplace Drizly
Tuesday, February 2, 2021 - 1:25pm | 324Uber Technologies Inc. (NYSE: UBER) is expanding its scope with the acquisition of Drizly, an on-demand alcohol marketplace. Uber will pay approximately $1.1 billion in stock and cash, the company announced Tuesday. Uber said Drizly's marketplace will be integrated with the Uber Eats app. The...
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Uber Acquires Alcohol Delivery Business Drizly In $1.1B Deal: What Investors Need To Know
Tuesday, February 2, 2021 - 12:47pm | 365Uber Technologies Inc. (NYSE: UBER) announced Tuesday that it has acquired Drizly in a $1.1-billion dollar deal. What Happened: Uber said will integrate Drizly into its Uber Eats app while contuinuing to offer services through the separate Drizly app. The approximate $1.1-billion bought deal...