Reported about 9 hours ago
In its Q1 2025 investor letter, Ithaka US Growth Strategy highlighted strong optimism for Uber Technologies (UBER), noting its significant growth in the past year despite market fluctuations. The company operates a technology platform that connects drivers with customers, emphasizing its Mobility, Delivery, and Freight segments, which collectively garnered around $160 billion in annual bookings. The stock's positive performance and support from influential investors like Bill Ackman have further bolstered investor confidence in Uber's long-term prospects.
Source: YAHOO