Uber Eats will begin autonomous deliveries to customers in early 2022

December 29, 2021

Uber (UBER) announces a partnership with driverless technology company Motional to launch autonomous deliveries for Uber customers, starting in Santa Monica in early 2022. The partnership is Uber 's first with an autonomous vehicle provider.

Motional will use its next-generation autonomous vehicle, the all-electric Hyundai IONIQ 5-based robotaxi, with in-vehicle modifications in place to enable autonomous deliveries of select meal kits to Uber customers.

Both Uber and Motional see autonomous vehicles playing an important role in the on-demand delivery ecosystem, with AVs helping to increase access to convenient and affordable deliveries.

Over the current book year the total revenu from the company based in San Francisco will be 17.01 billion USD (consensus estimates). This is quite more than 2021's revenue of 11.14 billion USD.

Historical revenues and results Uber plus estimates 2021

The analysts expect for 2021 a net loss of 2.12 billion USD. Most of the analysts anticipate on a loss per share of 1.09 USD. Based on this the price/earnings-ratio is -39.03.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the support companies equals a good 1.75 percent.

Uber 's market capitalization is around 73.03 billion USD. -19

On Tuesday the stock closed at 42.54 USD.

Historical stock prices Uber

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