🚨 Great news for $UBER shareholders❗️
⭐️ I’ve been talking about Uber non-stop for almost 2 years as an investment I fully trust, and so far I don’t see any signs of slowdown or disruption to its business model.
🟢 On the contrary, it’s closing exclusive partnerships with companies like $NVDA $LCID $GOOGL $NBIS $AMZN..
..and just a few hours ago announced a NEW partnership with Rivian for $1.25 billion $RIVN 🎉
🚨 A look at $UBER and its “dying business model”:
🟢 41 million rides daily
🟢 202 million monthly users
🟢 70 countries / in 15,000 cities
✅ +30% higher ride frequency via AVs
✅ One of the TOP network effects
✅ Exclusive partnerships
This doesn’t even remotely look like a sinking business. The opposite is true.
On the stock and as a company, I’m still BULLISH on UBER and the fundamentals confirm it:
If you want to dive into the company $UBER a bit differently than just through tables and charts, I can recommend the book "The War for Uber". For those who don't like to read, there's also an audiobook. I think the book really shows where the company's strengths and potential weaknesses lie. I like these stories about well-known companies.
I have a small position, but I have to say Uber is tiring — there are 2–3 new articles about it every day, so just reading them I spend about 10 minutes on it almost every day. If all the stocks in my portfolio were like this, staying on top of them would be a full-time job 😃.