Publications Uber publishes Outlus on US consumers’ demand for driving

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Uber foresees a stronger perspective than expected for the present quarter, alleviating fears that American consumers spent less on food delivery and food delivery despite economic uncertainty in President Donald Trump.

The walking application said on Wednesday that large reserves, a measure of total customer spending on all their business units, during the three months ending June 30 would be between $ 45.8 million and $ 47.3 million, compared to the estimates of $ 45.8 million analysts, according to visible Alpha data. Its forecast for tight earnings was also ahead of expectations.

But Uber’s actions fell more than 3 percent in a pre -market negotiation in New York after notifying a little weaker than expected raw reserves in the first quarter. Brut reserves grew 14 percent to $ 42.8 million in this period, until little about $ 43 million analysts, according to Visible Alpha data.

A strong north dollar -American reached gross reserves about $ 1.7 million with the challenge of persisting to a lesser extent in the current quarter, he added.

“Uber gave a strong start of the year to a dizzying context of commercial and economic policy,” said Dara Khosrowshahi. He added that the company focused on reducing prices and expanding its autonomous collaborations of vehicles.

Analysts sought signs that American consumers were reducing expense in the delivery and delivery of foods in anticipation of higher prices driven rates.

UberThe last results occur when the food and food delivery market is in the midst of consolidation.

Uber DOORDASS ‘rival announced plans Acquire a London-Listed Delivery Tuesday for 2.9 million pounds, while Prosus – the European South Group’s European Investment Group – AFRICAN NASPERS – reached an agreement of 4.1 million euros To take the largest food delivery group in Europe, only to privately take away in February.

On Tuesday, Uber announced an agreement to acquire an 85 percent participation on the Turkish Food and Grillery Deliveryol platform, Trendyol for $ 700 million.

Khosrowshai said that autonomous vehicle technology was the “only biggest opportunity for Uber”. The group has made collaborations central to their autonomous vehicle approach after selling their own self-teaching research unit at Aurora Innovation in 2020.

Uber has signed 18 worldwide deals with a robotaxi suppliers suite, self -employed vehicle manufacturers and developers, including the Germany Volkswagen, China’s Pony.AI and Weride and Weride based in the United Kingdom.

Khosrowshahi said his collaboration with Alphabet’s Waymo in Austin, where the company in March began deploying a managed fleet of Jaguar I-Pace vehicles, which had exceeded its expectations.

Uber manages and sends about 100 vehicles to Austin, with the plans to deploy hundreds in the coming months, as well as to launch in Atlanta in the summer.

“The Uber scale is a very convincing piece if these companies want to market,” said Deepak Mathivanan, the main capitalist of Cantor Fitzgerald. “Before we argued that Uber had a more direct role … (but) the developments we are seeing in the space justify a platform strategy.”