Uber has introduced a new service allowing customers to reserve and pay for parking in 15 major U.S. cities, leveraging its recent acquisition of parking app SpotHero. The service offers access to 13,000 parking locations and aims to serve commuters driving their own vehicles, with plans to support autonomous vehicle partners in the future. Integrated into the Uber app, users can book parking with upfront pricing, use QR codes or license plate recognition for entry, and cancel bookings for free before the start time. This move is part of Uber's broader strategy to expand its app ecosystem and increase engagement through services like Uber One membership rewards.
Uber Technologies Inc shares are trading at USD 70.03 on Pluang as of Nov 10, 2026 00:12 WIB, showing a 2.10% increase in one day. The company's market capitalization stands at $140.05 billion, reflecting its significant presence in the technology sector. Trading volume is 18,212,794 shares, indicating active investor interest around the time of this new parking service launch.
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