|Bid||26.94 x 1100|
|Ask||26.95 x 1200|
|Day's Range||26.13 - 27.31|
|52 Week Range||19.90 - 48.88|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.41|
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Back in 2018, Uber Technologies (NYSE: UBER) sold its Southeast Asian business to Grab Holdings (NASDAQ: GRAB), a start-up that bundled various transportation, food delivery, and payment services together into a single "super app." In exchange, Uber received a 27.5% stake in Grab. Grab subsequently conquered about three-quarters of Southeast Asia's ride-hailing market, according to Blackbox Research, and it went public last December by merging with a special purpose acquisition company (SPAC).
Nine Philadelphia restaurants have received $10,000 each through a national grant program geared toward helping small businesses recover from the economic effects of the Covid-19 pandemic. The Grants for Growth program, launched by Uber Technologies Inc. (NYSE: UBER) and Visa Inc. (NYSE: V), provided $1 million in grant funding to small restaurants in 10 cities across the United States where there is an active Uber Eats program. The Philadelphia restaurants selected are: 4 Dukes El Merkury Kai Kurry Korner Lulu Cafe NY Bagel & Deli Shop Supreme Oasis Bakery and Deli Three Countries Pizzeria U-Town Funds are intended to go toward payroll, vendor debt, payment technology infrastructure upgrades or other immediate operational costs.
The Grants for Growth program provided $10,000 grants to 100 Uber Eats member restaurants in 10 major markets across the country.