Uber's Trading Volume Surges 47.1% to $14.15 Billion Ranking 45th in Stock Market

On April 30, 2025, Uber's trading volume reached $14.15 billion, marking a 47.1% increase from the previous day, placing it 45th in the day's stock market rankings. Uber's stock price rose by 2.00%, marking the third consecutive day of gains, with a total increase of 4.19% over the past three days.

Uber Technologies Inc. has announced a significant expansion of its services in the Middle East, with plans to launch new ride-hailing and food delivery options in several key cities. This move is part of the company's broader strategy to strengthen its presence in the region and tap into the growing demand for on-demand services.

In a separate development, Uber has also revealed plans to invest heavily in electric vehicle infrastructure. The company aims to convert a substantial portion of its fleet to electric vehicles by 2030, aligning with global sustainability goals and regulatory requirements. This initiative is expected to enhance Uber's environmental credentials and attract eco-conscious consumers.

Additionally, Uber has been actively exploring partnerships with local governments and regulatory bodies to ensure compliance with local laws and regulations. These efforts are aimed at securing long-term operational stability and fostering a positive relationship with authorities in key markets.