UBER Sep 2024 72.500 put
| Previous close | 8.45 |
| Open | 8.05 |
| Bid | 8.95 |
| Ask | 9.10 |
| Strike | 72.50 |
| Expiry date | 2024-09-20 |
| Day's range | 7.85 - 8.45 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.31k |
Business WireUber Eats to Acquire Delivery Hero’s foodpanda Delivery Business in Taiwan
SAN FRANCISCO & BERLIN, May 14, 2024--Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda Taiwan is subject to regulatory approval and other customary closing conditions and is targeted to close in the first half of 2025. Separately, the companies have also entered into an agreement for Uber to purchase $300 million in newly
- Reuters
UPDATE 1-Massachusetts takes Uber, Lyft to trial over whether drivers are employees
Massachusetts' attorney general took Uber Technologies and Lyft to trial on Monday over allegations that the ride-share companies are misclassifying thousands of drivers in the state as independent contractors to avoid treating them as more costly employees. The non-jury trial in Boston comes amid broader legal and political battles in the Democratic-led state and elsewhere nationally over the status of drivers for app-based companies whose services fuel the U.S. gig worker economy. Massachusetts Attorney General Andrea Joy Campbell, a Democrat, is asking a judge to conclude that drivers for Uber and Lyft are employees under state law and therefore entitled to benefits such as a minimum wage, overtime and earned sick time.
ZacksInternational Markets and Uber (UBER): A Deep Dive for Investors
Explore how Uber's (UBER) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
