Uber's Trading Volume Hits 1.105 Billion, Ranks 74th as Food Delivery Expansion Drives Growth

On July 21, 2025, Uber's trading volume reached 1.105 billion, ranking 74th in the day's stock market. Uber (UBER) rose 0.63%, marking two consecutive days of gains, with a total increase of 0.73% over the past two days.

Uber Technologies Inc. has announced a significant expansion of its Uber Eats food delivery service in the United States. The company plans to add 100 new cities to its delivery network, aiming to enhance its market presence and compete more effectively with rivals. This move is expected to drive growth in Uber's food delivery segment, which has been a key contributor to the company's revenue.

Uber has also unveiled a new feature for its ride-sharing app, allowing users to book rides in advance. This feature is designed to provide more flexibility and convenience for customers, especially those with busy schedules. The company believes that this addition will attract more users and increase the frequency of ride bookings, further boosting its revenue.

In addition to its expansion and new features, Uber has been focusing on improving its driver retention rates. The company has introduced several incentives and benefits for drivers, including higher pay rates and more flexible scheduling options. These efforts are part of Uber's strategy to address driver shortages and ensure a reliable service for its customers.