Uber to Buy ezCater for $2.3 Billion, Adding Workplace Catering to Uber Eats
The all-cash acquisition brings ezCater’s group and office meal orders onto Uber Eats, pending regulatory approval.
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Instacart Slides as DoorDash Eyes Costco, Uber Goes National, and Amazon Plans 1,000 Same-Day Hubs
Edgewater flagged DoorDash-Costco risk. Uber confirmed a 47-state Costco rollout. Amazon is planning 1,000 same-day centers.
Uber Cuts 3,300 Jobs to Flatten Layers; Wells Fargo Sees $580M Savings
Savings are meant for rides, delivery, and a $10B robotaxi push.
Uber Stock Drops as Soft Q3 Outlook Overshadows Strong Bookings Growth
Uber reported strong Q2 bookings of $58B and record users, yet shares dropped on weaker Q3 profit forecast and heavy robotaxi investment.
Waymo Explores Ending Uber Partnership as Robotaxi Rivalry Heats Up
Partnership strains grow as Waymo plans independent robotaxi launches in Austin and Atlanta by 2028.
Bleecker Street Shorts Lyft Over $1.3–$2.7 Billion in Hidden Sexual Assault Lawsuit Risks
Bleecker is betting against Lyft, warning of hidden lawsuit costs, weak growth, safety issues, and limited protection from insurance.