Is Waymo Friend or Foe to Uber?

Published On Feb 5, 2025, 6:55 AM

Waymo is expanding its driverless taxi service in competition with Uber, which is now integrating Waymo's vehicles into its platform. Uber, which had faced difficulties with its own autonomous vehicle project, is adopting a strategy of partnering with companies like Waymo while navigating risks associated with this approach. The growth of Waymo poses a potential threat to Uber's market share, as evidenced by a recent decline in Uber's stock following an announcement of Waymo's expansion without Uber's involvement.