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Uber Targets $1 Billion In New Gross Bookings With Expansion Into 7 European Delivery Markets: Report
Uber Technologies (NYSE: UBER) plans to expand its delivery services into seven new European markets by 2026, aiming for an additional $1 billion in gross bookings over three years. This expansion into countries like Austria, Denmark, and Finland will see Uber compete with rivals like Wolt, acquired by DoorDash (NASDAQ: DASH), and leverage automation with drones and robots. Uber recently announced the acquisition of Getir’s food delivery business in Türkiye and has shown increasing market share in major European markets.