Uber's Trading Volume Drops 37% to $13.31 Billion Ranking 54th in Market

On June 11, 2025, Uber's trading volume reached $13.31 billion, a 37.31% decrease from the previous day, ranking 54th in the day's stock market. Uber's stock price increased by 0.22%.

Uber has announced the launch of in-car video advertisements in New York City, marking a significant move in its marketing strategy. Starting this June, the ride-hailing giant will introduce video ad content through JourneyTV, its in-car ad platform, in vehicles equipped with tablets across NYC. This initiative aims to test whether enhanced data analytics can make riders more receptive to in-car screens, potentially opening new revenue streams for the company.

In another strategic move, Uber has partnered with AI startup Wayve to pilot fully driverless rides in the UK. The trials, set to begin in spring 2026, represent Uber's commitment to advancing autonomous vehicle technology. This partnership could position Uber at the forefront of the driverless transportation revolution, potentially reducing operational costs and enhancing service efficiency.

Uber's legal department has also been active, filing a lawsuit against a Miami law firm and a medical center. The company alleges that these entities orchestrated a fraudulent scheme involving medical and insurance claims, highlighting Uber's efforts to protect its financial integrity and maintain trust with its users.