Uber partners with Avride to introduce delivery robots and autonomous vehicles, revolutionizing urban transportation.
From Nasdaq: 2024-10-04 10:49:00
Uber Technologies, Inc. (UBER) partners with Avride to introduce delivery robots and autonomous vehicles to Uber and Uber Eats, starting in Austin, TX. This strategic collaboration aims to revolutionize urban transportation and enhance convenience for consumers, with a broader focus on advanced technology integration. Shares of UBER have surged 62.3% in the past year.
Avride, headquartered in Austin, TX, operates autonomous cars and delivery robots with shared technologies. The partnership with Uber will expand the availability of Avride’s innovative sidewalk robots for Uber Eats delivery in multiple U.S. cities. Dallas can expect mobility services next year, marking a significant shift in urban logistics and transportation.
By offering the option of delivery robots and autonomous vehicles through Uber and Uber Eats apps, the partnership with Avride represents a pioneering move towards sustainable, technologically advanced services. With a goal to become fully electric by 2040, Uber continues to lead in integrating cutting-edge technology into mainstream consumer services.
Investors eyeing the tech sector can also consider stocks like Bilibili (BILI) and Bridgeline Digital (BLIN), which offer growth opportunities. Both companies have strong expected earnings growth rates, with BILI at 101.7% and BLIN at 78% for the current year. While BILI’s shares have risen by 105.8% in the past year, BLIN has seen a 54.3% climb.
Zacks Investment Research highlights promising stocks with potential for significant growth, including BILI and BLIN. These stocks, along with UBER, are part of the tech-focused investment landscape that continues to evolve with innovative solutions and services catering to consumer needs. Consider these stocks for potential investment opportunities in the changing tech industry.
Read more at Nasdaq: Uber and Avride Team Up for Food Deliveries and Robotaxi Services