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Uber Freight Offers Drivers Food Credit, Cuts Costs For Relief Shipments. Uber Technologies, Inc. (NYSE:UBER) Freight is offering truck drivers weekly credits on Uber Eats and cutting out profit margins on relief loads booked through its platform as the digital freight brokerage focuses on improving the supply chain during the COVID-19 coronavirus crisis. "In this time of crisis, Uber Freight remains committed to supporting our carriers and our shipper partners by providing 24/7 service and support, and keeping our operations running strong," wrote Lior Ron, head of Uber Freight, in a blog post announcing the efforts Monday. Ron went on to note Uber Freight's commitment to ensuring essential goods continue moving and do so in a safe and efficient manner.

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New Jersey, United States: A qualitative research study accomplished by Verified Market Research titled 2020-2026 Global and Regional Ride Sharing Software Market: Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report is the most up to date report which comprises the latest trends that influence the market competition in the forecast period from 2020 to 2026. The report presents different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. The growth potential, market share, size, and prospects of each segment and sub-segment are portrayed in the report. 8 Ride Sharing Software Market, By Geography8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East.

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U.S. Former Uber self-driving head Levandowski agrees to plea deal over Google secrets. SAN FRANCISCO (Reuters) - Engineer Anthony Levandowski, known for advancing self-driving car technology in the last decade, agreed to plead guilty on Thursday to taking sensitive documents from his former employer Google before joining rival Uber Technologies Inc. Federal prosecutors agreed to recommend a prison term of no more than 30 months as part of plea agreement in one of the most well-known corporate disputes in recent Silicon Valley history. Last month, it dropped what remained of a trade secrets theft case involving wearable device company Fitbit Inc and now-defunct rival Jawbone after a San Francisco jury acquitted the first defendant. The Levandowski case stemmed from accusations by Alphabet Inc's Google and its sister company Waymo in 2017 that Uber jump-started its own self-driving car development with trade secrets and staff that Levandowski unlawfully took from Google.

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Stock Market Wrapup: Uber Shows Investors the Money; Netflix Won't Break the Internet | NASDAQ. Among some of the biggest movers, Uber Technologies (NYSE: UBER) bounced back from its recent slump as company executives reassured investors that the ride-hailing service appears to be able to deal with an extended period of losses stemming from the coronavirus outbreak. Meanwhile, Netflix (NASDAQ: NFLX) found itself at the center of an unusual controversy, with government officials asking it to take extraordinary action to prevent what could be a particularly ill-timed problem. Uber also doesn't have any major debt maturing before 2022, giving it some time to get its business back on track. Even after today's gains, though, Uber has still seen its stock lose half its value just since mid-February.

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Along with this partnership, the company also initiated tamper evident packaging seal to ensure safe food delivery. Notably, this partnership is likely to enhance the delivery experience of its customers.Chris Brandt, chief marketing officer at Chipotle, stated, "We're excited to expand our delivery footprint through a partnership with Uber Eats, which will make it even easier for fans to get the food they love without leaving the house." In this regard, the company redesigned and simplified its online ordering site, enabled online payment for catering, customized online meal as well as collaborated with several well-known third-party providers for delivery.During fourth-quarter 2019, digital sales surged 78% year over year. In 2020, the company plans to add a Chipotlane — a drive-thru pick-up lane — that will enable guests to pick-up digital orders without leaving their cars.Although, Chipotle is constantly trying to connect with its customers to retrieve their trust and loyalty as well as bring them back to stores, high marketing and promo expenses are hurting profitability.

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Markets. Chipotle and Uber Eats Launch Nationwide Delivery Partnership. Mar 18, 2020 4:38PM EDT. Chipotle and Uber Eats Launch Nationwide Delivery Partnership | NASDAQ. Announcing a pact to partner for deliveries nationwide today, Chipotle Mexican Grill, Inc.(NYSE: CMG) and Uber Technologies' (NYSE: UBER) Uber Eats are cooperating to deliver burritos, tacos, and other Mexican-style foods right to customers' doorsteps across America. Customers ordering online or through an app can customize their purchases, with a Delivery Kitchen team standing by at most outlets to make and package the meals. Image source: Chipotle Mexican Grill. Several features of the new arrangement aim directly at providing the healthiest possible eating experience to customers placing digital orders while the COVID-19 situation continues. All orders Chipotle sends out via Uber Eats are packed in special sealed packaging, designed to show whether the food has been tampered with. This helps to reassure recipients that their meal hasn't been touched by human hands since it left the restaurant's kitchens. The digital ordering process also lets customers opt for a "no-contact" delivery, which leaves the bag outside their door. While the delivery partnership between Uber Eats and Chipotle is permanent, a special promotion applies from March 18 to March 31. During this period, orders between $10 and $200 come with zero delivery fee. Normal service fees still apply, however, and certain types of orders, such as catering, don't qualify for free delivery. Chipotle aims to increase its delivery footprint during 2020, according to company statements. The new program may help it recover from its recent stock value plunge due to the coronavirus pandemic. The restaurant also plans to open drive-through digital order pick-up lanes at its locations this year so customers can retrieve food purchased online without leaving their vehicle. 10 stocks we like better than Chipotle Mexican GrillWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Chipotle Mexican Grill wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks. *Stock Advisor returns as of December 1, 2019. Rhian Hunt has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Chipotle Mexican Grill. The Motley Fool recommends Uber Technologies. The Motley Fool has a disclosure policy. The Motley Fool. Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.Learn More. Explore Markets Explore.

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Uber Eats users can leave a note in the app for "no-contact" deliveries, which involve a driver leaving the food at the doorstep rather than an in-person exchange. Digital orders from Chipotle are customized via the brand's Delivery Kitchens, which are comprised of a dedicated ingredient station and operated by a special team in nearly all Chipotle locations. "The fans have asked for it, and we could not be more excited to finally deliver delicious Chipotle burritos, bowls, and sides within the comfort of their own homes. We know that adding Chipotle to our current offerings will bring joy to our eaters with the tap of a button." $0 delivery is valid only for orders placed and fulfilled 3/18/20 - 3/31/20, within Uber Eats delivery areas from participating Chipotle locations, during normal operating hours for such locations.

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Stock Market Wrap-Up: PepsiCo Peps Up; Uber Cuts Shared Rides | NASDAQ. Market participants hope that news out of Washington will eventually bring a fiscal stimulus package that will help ordinary Americans get through the coronavirus crisis, even as state and local governments take ever more drastic measures to try to prevent the spread of the COVID-19 pandemic. Conservative investors are looking at reliable consumer-products giants that can weather economic storms, and that's what helped PepsiCo (NASDAQ: PEP) climb strongly. However, the pandemic has had a dramatic impact on some businesses, and Uber Technologies (NYSE: UBER) suffered another blow as it had to eliminate one of its travel options for its users. Efforts like its decision to offer vanilla and cherry flavors for its zero-sugar Pepsi colas are designed to keep existing customers happy and bring in new ones. Yet despite its perception as a defensive stock, PepsiCo isn't afraid to make big moves. Even in the midst of the coronavirus crisis, the beverage giant made a buyout bid to purchase Rockstar Energy Beverages for $3.85 billion.

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The pooled option, which allows riders to book trips at lower prices by sharing the car with up to three other passengers traveling in the same direction, has been disabled for users opening the apps in the two countries. "Our goal is to help flatten the curve on community spread in the cities we serve," senior vice president Uber Rides and Platform Andrew Macdonald said in a statement. Regular rides and the company's food delivery platform Uber Eats remain available, but Uber said it was in contact with local authorities to adjust operations as needed. North America provides the bulk of Uber's revenue, but pooled rides make up only a small share of all bookings, data by U.S. cities showed. Beginning on Tuesday, Uber users in the U.S. and Canada will also see a message reminding them to consider if the ride they plan to book is essential and to "travel only when necessary," images provided by Uber showed.

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Uber Eats waives delivery fee for independent restaurants amid coronavirus outbreak. REUTERS: Uber Technologies Inc's food delivery business, Uber Eats, said on Monday (Mar 16) it would waive off delivery fee for independent restaurants across the United States and Canada. They face an expected drop in diners as states and cities postpone major events and crack down on dining establishments and other gathering places themselves. GrubHub on Friday said it expected dine-in traffic in US eateries to reduce by 75 per cent over the next few weeks. Some food chains including Chipotle Mexican Grill Inc and Fried chicken chain KFC, owned by Yum!

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