1Mo·

Uber profitability

$UBER (-2,45 %)

$UBER (-2,45 %) shows impressive profitability.

Operating Margin:

2017: -49%

2024: 14%

$UBER (-2,45 %) achieves impressive operating leverage on a large scale.

Selling and administrative expenses have fallen significantly in relation to sales over the last five years.

Further developments will be exciting to see whether and how they will integrate autonomous driving.

Further news:

$DAL (-5,42 %) links its loyalty program with $UBER (-2,45 %) ends the partnership with $LYFT (-2,42 %)

$TSLA (-4,32 %)
$NVDA (-3,63 %)

$UBER (-2,45 %) and $NVDA (-3,63 %) announced that they are working together to develop new solutions to support the development of AI-supported technology for autonomous driving.

Millions of rides are taken with Uber every day, providing a huge source of data that the companies plan to combine with the Nvidia Cosmos platform and Nvidia DGX Cloud. The companies will announce further details later this year.

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BamBamInvest

@BamBamInvest

1Mo·

First purchase in the new year

$UBER (-2,45 %)

Exciting investment from $UBER (-2,45 %) :

In 2025, Serv Robotics will $SERV will deploy 2,000 robots to increase food deliveries for $UBER (-2,45 %) Eats.

$NVDA (-3,63 %) and $UBER (-2,45 %) are the largest shareholders of $SERV , $SERV estimates that robots on a large scale will only cost one dollar per delivery

Serve Robotics, Inc. is engaged in the development of next-generation robots for last-mile delivery services. The company offers an autonomous, all-electric robot that makes delivery sustainable and economical. The company's fleet consists of over 100 robots. The autonomous, all-electric robot is able to be present on these platforms in real time and update the status as well as accept delivery orders for customer orders on these platforms when needed. The company uses artificial intelligence methods to develop, train and deploy a variety of models on the robots that perform a variety of tasks, including detecting sidewalk surfaces, intersections, traffic signals, obstacles, pedestrians and vehicles, as well as projecting the trajectory of other dynamic agents. Its capabilities include automatic emergency braking, vehicle collision avoidance and fail-safe mechanical braking. The robots consist of a number of key systems, such as the drivetrain, power system and connectivity.