Uber Technologies Inc. (UBER) Plots Autonomous Vehicles and Grocery Deliveries Expansion

Uber Technologies Inc. (NYSE:UBER) is one of the best tech stocks to buy for the long term. On September 8 at the Goldman Sachs Communicopia + Technology Conference 2025, CEO Dara Khosrowshahi highlighted the company’s platform evolution and growth strategies.

Uber Technologies Inc. (UBER) Plots Autonomous Vehicles and Grocery Deliveries Expansion

According to the CEO, the tech company is experiencing promising growth and a higher level of engagement, despite facing challenges as it expands into less densely populated markets. Part of the strategy involves integrating mobility and delivery services, with a third of delivery trips originating from its mobility app.

In addition, the company is experiencing impressive traction with Uber One membership, where members are spending three times more than non-members. Looking to the future, Uber plans several deployments of its autonomous vehicles in the US and internationally. It also plans to expand its grocery service with a 35% increase in selection in the US.  Strategic partnership with the likes of Waymo is expected to expand its addressable market.

Uber Technologies Inc. (NYSE:UBER) is a technology company that connects riders with drivers through a mobile app for on-demand rides, and also offers food and grocery delivery services, as well as logistics for businesses. It operates as a global platform facilitating personal and business transportation, as well as deliveries.

While we acknowledge the potential of Uber Technologies Inc. (NYSE:UBER) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UBER and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.