NYC Taxi News Forum

General Category => General Discussion => Topic started by: YELLO on July 25, 2021, 10:14:38 AM

Title: Uber Technologies, Inc. (NYSE:UBER) Has a Long Road to Profitability
Post by: YELLO on July 25, 2021, 10:14:38 AM
Uber keeps expanding its Freight division by acquiring Transplace for US$2.25b in stock and cash. Since 2017, Transplace has been under the private equity platform TPG Capital. This move looks to strengthen the shipper network by combining it with one of the supply chain innovation leaders.

Don't forget our former TLC Commissioner,  Meera Joshi is now Deputy Administrator Meera Joshi of the Federal Motor Carrier Safety Administration.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://finance.yahoo.com/amphtml/news/uber-technologies-inc-nyse-uber-103954116.html&ved=2ahUKEwjv872GtP7xAhXFUjUKHUI-CpMQyM8BMAB6BAgDEAs&usg=AOvVaw2J7bMYIB3v6WfNrI1AQ2j3&ampcf=1

Title: Re: Uber Technologies, Inc. (NYSE:UBER) Has a Long Road to Profitability
Post by: YELLO on July 25, 2021, 10:20:53 AM
Why Uberís new deal comes as a surprise
Uber is doubling down on freight logistics

https://www.google.com/url?sa=t&source=web&rct=j&url=https://fortune.com/2021/07/22/why-ubers-new-deal-comes-as-a-surprise/amp/&ved=2ahUKEwiJ76m6tf7xAhX-ElkFHZcUDNUQFjAAegQIAxAC&usg=AOvVaw1VntBDswPetG3x6mLbC_8u&ampcf=1