Uber Technologies Soars 4.39% on Dubai Robotaxi Partnership

On April 8, 2025, Uber Technologies saw a 4.39% rise in pre-market trading, reflecting positive market sentiment towards the company's recent strategic moves and partnerships.

Uber Technologies has recently announced a significant partnership with WeRide and the Dubai Roads and Transport Authority (RTA) to launch Robotaxi services in Dubai. This collaboration marks a major step forward in the city's smart mobility initiatives, with WeRide serving as the primary technology partner. The partnership aims to convert 25% of Dubai's transportation to autonomous modes by 2030, aligning with the city's vision for a smart and sustainable future.

Noah Zych, Uber's global head of autonomous driving and delivery, emphasized the company's commitment to advancing autonomous vehicle technology. He highlighted that the collaboration with WeRide will provide a reliable and forward-thinking mobility solution for passengers in Dubai, in line with the UAE's goals for smart city development.

Under the agreement, Uber and RTA will conduct pilot projects to integrate autonomous vehicles with Uber's platform, ensuring a seamless user experience. The partnership will also explore data insights, safety protocols, and regulatory frameworks to support Dubai's transition to autonomous transportation.