AVs are not disrupting Uber

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Author argues Uber is not being disrupted by autonomous vehicles and is deeply undervalued given Uber One growth and AV partnerships.

UBER — LONG The author argues Uber is not being disrupted by autonomous vehicles because AVs are a fragmented market that still needs a common aggregator to maximize vehicle utilization and offer consumers the best prices. Uber One subscribers are accelerating, spend 3x more than average users, and are already over 20% of the user base growing over 60% YoY. Uber has 25 AV partnerships including Aurora, Avride, Baidu, Waymo, Lucid, Volvo, Stellantis, and Nuro. The author believes the stock is deeply undervalued if disruption risks are overblown.

AVs are not disrupting Uber

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u/Long-Access-2143 Reddit r/ValueInvesting

Uber undervalued; AV disruption risk overblown

The author argues Uber is not being disrupted by autonomous vehicles because AVs are a fragmented market that still needs a common aggregator to maximize vehicle utilization and offer consumers the best prices. Uber One subscribers are accelerating, spend 3x more than average users, and are already over 20% of the user base growing over 60% YoY. Uber has 25 AV partnerships including Aurora, Avride, Baidu, Waymo, Lucid, Volvo, Stellantis, and Nuro. The author believes the stock is deeply undervalued if disruption risks are overblown.

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