Core Insights - Uber's stock has seen a 33% increase year to date, despite a recent 20% decline from its peak, indicating a reasonable valuation with a forward price-to-earnings ratio under 19, presenting a potential investment opportunity [1] User Base - Uber reported 189 million monthly active users (MAUs) at the end of Q3, reflecting a 17% year-over-year increase, suggesting potential for further customer growth by 2026 [4] Profitability and Business Model - Uber has transformed from a significant net loss of $8.5 billion in 2019 to generating $9.8 billion in profits through the first nine months of 2025, showcasing a scalable business model [6][7] - The company is expected to see a 44% increase in operating income between 2025 and 2026, outpacing projected sales growth, as sales and marketing expenses decrease as a percentage of revenue [8] Autonomous Vehicles - The rise of autonomous vehicle (AV) technology presents both risks and opportunities for Uber, as it has established partnerships with enterprises in the AV space and has a large user base [9] - If competitors like Waymo or Tesla achieve breakthroughs in AV technology by 2026, they could challenge Uber's market position, while continued partnerships could enhance Uber's network [10]

Core Viewpoint - Instacart has agreed to pay $60 million to settle a Federal Trade Commission (FTC) lawsuit alleging deceptive advertising practices [1][5]. Summary by Sections Allegations - The FTC accused Instacart of falsely advertising "free delivery" while charging a "service fee" for delivery, misleading consumers about a "100% satisfaction guarantee" that typically did not offer full refunds, and failing to clearly disclose terms related to its Instacart+ membership program [2][3]. Company Response - Instacart denied the allegations, claiming the FTC's inquiry was "fundamentally flawed" and emphasized its commitment to integrity and transparency in its services. The company stated that it clearly displays all fees before checkout and makes it easy to cancel the Instacart+ membership [4]. Settlement Details - The settlement requires Instacart to pay $60 million in refunds, prohibits misrepresentations about costs and satisfaction guarantees, and mandates clear disclosure of terms and obtaining informed consent for subscription transactions. The order is subject to approval by a district court judge before it takes effect [5]. Related Investigations - The news follows reports of the FTC investigating Instacart's AI pricing tool, Eversight, due to findings that different shoppers received varying prices for the same products. This comes amid a broader context of regulatory scrutiny, including a lawsuit against Uber for deceptive billing practices [6].

Uber said Tuesday (Dec. 16) that a Federal Trade Commission lawsuit that was joined Monday (Dec. 15) by 21 states and the District of Columbia is “misguided” and would “upend how virtually every modern subscription service operates.”By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited ...