RT ARK Funds (@ARK_Funds)In China, ride-hailing costs average less than $1 per mile versus about $2 in the US. And yet, ARK sees the US as a more profitable early market. @TashaARK, CFA explains why in the Q3 webinar.Watch: https://t.co/MZzCcqAss7 https://t.co/ONZZlx87zH ...

Uber is planning to invest in the Hong Kong listings of Pony AI and WeRide, deepening the ride-hailing giant’s ties with the Chinese robotaxi firms https://t.co/SlJdqMBkZx ...

Core Insights - Uber Technologies is experiencing strong growth in gross bookings across both its mobility and delivery segments, indicating solid demand for its services [1][2]. Financial Performance - In Q2 2025, Uber's total gross bookings increased by 17% year over year to $46.76 billion, with the mobility segment growing by 16% and the delivery segment by 20% [2][8]. - For Q3 2025, Uber projects gross bookings between $48.25 billion and $49.75 billion, reflecting a growth of 17-21% on a constant-currency basis compared to Q3 2024 [3][8]. Industry Comparisons - Lyft reported a 12% year-over-year increase in gross bookings to $4.5 billion in Q2 2025, marking its 17th consecutive quarter of double-digit growth [4]. - Grab's On-Demand GMV grew by 21% year over year in Q2 2025, with expected revenues for the full year between $3.33 billion and $3.40 billion, indicating 19-22% growth [5]. Valuation Metrics - Uber's shares have increased by 54.3% year to date, outperforming the Zacks Internet-Services industry's growth of 35% [6]. - The company trades at a 12-month forward price-to-sales ratio of 3.35X, which is considered inexpensive relative to its industry [9]. Earnings Estimates - The Zacks Consensus Estimate for Uber's earnings for Q3, Q4, full-year 2025, and 2026 has remained stable over the past 60 days [10]. Zacks Rank - Uber currently holds a Zacks Rank of 3 (Hold) [11].

Waymo set to launch Driverless Taxi experiment in London in early 2026:Waymo, owned by Alphabet Inc. (Google’s parent company), are known to have one of the most advanced autonomous driving systems in the world and have just announced that they are looking to expand their ride-hailing experiments to the sprawl of London in 2026.This comes after successful operations over 5 U.S. cities as well as Tokyo, and would make London the first European city to have the driverless cars.In 2024, the labour government a ...

Hong Kong lawmakers on Wednesday passed a ride-hailing service bill requiring platforms such as Uber to be licensed https://t.co/1PFjkzUO2p ...

Core Insights - Swiggy has fully divested its ₹2,400 crore stake in Rapido, selling shares to Prosus NV and WestBridge Capital [1][2] - The exit from Rapido, which Swiggy invested in for over three years, marks a significant financial return, valuing Rapido at approximately $2.5–2.7 billion [3] Company Actions - The transaction involved Prosus's subsidiary MIH Investments One B.V. acquiring shares worth ₹1,968 crore, while WestBridge Capital acquired ₹431.5 crore [1][2] - The deal is pending customary approvals from the Competition Commission of India and Swiggy's shareholders [2] Financial Performance - Swiggy's initial investment in Rapido was $180 million (around ₹1,350 crore) in April 2022, with a valuation of $1.1 billion at that time [3] - Rapido's revenue increased to ₹648 crore in FY24 from ₹443 crore in FY23, while losses narrowed to ₹371 crore from ₹675 crore [5] - Swiggy reported a net loss of ₹1,197 crore in the June 2025 quarter, despite a 54% year-on-year revenue increase to ₹4,961 crore [6] Market Dynamics - Rapido has expanded its services beyond two-wheeler ride-hailing to include autos, cars, and food delivery, aiming to disrupt the food-tech market by offering lower commissions [3] - The food delivery market in India remains dominated by Zomato and Swiggy, holding 54% and 46% market shares respectively, with new entrants unlikely to significantly alter this duopoly [4]

Ride-hailing apps have hit London’s famed black-cab drivers hard. But @AJRummer tells “The Intelligence” that the number of trainees is actually on the up https://t.co/omQMcSAU2C https://t.co/hPrVTXhh6Y ...

Financial Performance - Marti Technologies reported significant growth in ride-hailing services, achieving 2.28 million unique riders, which represents a 107% year-over-year increase [1] - The company also registered 327 thousand ride-hailing drivers, marking a 92% increase compared to the previous year [1] Operational Highlights - The rapid growth in the ride-hailing segment indicates strong market demand and operational efficiency within the company [1]

Core Viewpoint - The article discusses the financial challenges faced by American households and suggests three bargain stocks that could be considered for investment, emphasizing the need for cost-effective investment strategies in a tight financial environment [1][2][3]. Group 1: Pfizer - Pfizer's stock has seen a 60% decline from its late-2021 high, primarily due to the waning demand for its COVID-19 vaccine and treatment, with projected revenue dropping from $100 billion in 2022 to $63 billion in 2023 [5][6]. - Despite current challenges, Pfizer has a robust pipeline with 18 phase 3 oncology drugs, including Elrexfio and Sigvotatug vedotin, which could generate over $1 billion in annual sales each by 2030 [7][8]. - The stock is currently priced at about 8 times next year's expected per-share earnings, with a forward-looking dividend yield of 7.1%, making it attractive for investors seeking regular cash flow [9]. Group 2: Uber Technologies - Uber Technologies is trading at over 30 times this year's projected per-share profit, but its growth potential is significant, driven by changing consumer preferences away from car ownership, particularly among younger generations [10][12]. - A Deloitte survey indicates that 44% of 18- to 34-year-olds are considering forgoing car ownership, which supports Uber's growth trajectory as this demographic matures [12][13]. - The company's ability to maintain its growth rate positions it well for future valuation increases, despite current pricing levels [13]. Group 3: Qualcomm - Qualcomm is positioned to benefit from the growing mobile AI market, which is expected to expand at an annualized rate of nearly 29% through 2033, as mobile devices increasingly handle AI tasks onboard [14][16]. - The company has made strides in the automotive sector, collaborating with BMW on an automated driving assistance system, enhancing its market presence [17]. - Qualcomm's stock is currently priced at only 14 times this year's anticipated per-share earnings, indicating potential for upside as the demand for affordable mobile AI processors increases [18].

Core Viewpoint - The U.S. stock market showed mixed performance with the Dow Jones up by 0.04%, S&P 500 down by 0.03%, and Nasdaq flat, while specific companies experienced significant stock price movements due to recent developments [2] Company Highlights - Baidu's stock rose over 8% following Jefferies' upgrade of its target price to HKD 152, driven by recent advancements in AI that have attracted market attention [2] - New Fortress Energy's stock surged over 38% after the company secured a $4 billion liquefied natural gas supply agreement to supply LNG to Puerto Rico [2] - Lyft's stock increased by over 15% as the company announced a partnership with Waymo to expand autonomous ride-hailing services to Nashville, Tennessee [2]