Uber stock faces Tuesday test after report flags Uber Eats expansion into 7 European markets
Uber will expand its delivery business to seven more European countries this year, targeting $1 billion in extra gross bookings, the Financial Times reported. Shares closed down 1.7% Friday as investors weigh rollout costs and a CFO transition set for Feb. 16. Uber also agreed to acquire Getir’s Türkiye delivery portfolio, pending approval. U.S. markets reopen Tuesday after the holiday.