Today, Uber connects drivers and passengers in 400 cities worldwide and its drivers include, not just professionals, but also average people willing to drive strangers around for a fee.2The company launched its UberEats food-delivery app in 2014 and a helicopter taxi service to JFK airport in ...
Travis Kalanick, Uber's tough-talking CEO, is fond of saying that if Uber "can get you a car in five minutes, we can get you anything in five minutes." That may include anything fromproduct shipmentstohelicopter rides. With UberEats, the startup applies that same approach to meals by of...
Since its founding in 2009, it has expanded into markets around the globe, and entered the world of food delivery and even helicopter transport. One of the main headline research areas for the company was the development of autonomous cars, which would revolutionize the company’s business model...
“For a longer-term horizon, we continue to recommend Uber shares as a recovery-scenario investment idea with a stay-at-home floor in food delivery” comments Stifel Nicolaus analyst Scott Devitt. He has a buy rating on Uber and $41 price target (22% upside potential). The analyst remains...
A U.K. drone user (7)((charge)with endangering lives by flying too close to a police helicopter.Delivery drones will fall rapidly out of favor (8) they fall from the sky after running out of power or crashing into buildings. Last October, West Midlands Police reported a defect () in...
with its 1.1 million drivers and 18.6 million active riders in more than 300 markets in the U.S. and Canada, lost nearly $3 billion since its 2012 inception. Uber, which boasts 3.9 million drivers for its ride-hailing and food delivery services in more than 700 cities and 63 countries wo...
Uber’s air fleet includes electric jet-powered vehicles - part helicopter, part drone and part fixed-wing aircraft - running multiple small rotors capable of both vertical take-off and landing and rapid horizontal flight.