Expansion And Market OpportunitiesAn expansion into grocery delivery at scale is seen as more logical for Uber, with a potential acquisition of Instacart making more sense.
Growth And Financial PerformanceUber is leveraging its ramping free cash flow and strong balance sheet to support its recent $7 billion share repurchase program, which supports multiple expansion.
Partnerships And Market PositionUber's market leadership positions the company as a natural partner for emerging autonomous vehicle providers, reflected by recent partnerships with Waymo, Cruise, Aurora, and others.