Kalanick's announcement did not perturb Wall Street. Uber's stock price climbed 1.3% in morning trading to $30.75 per share — or about one-third shy of the company's public offering price of $45 per share.
“We will strategically cooperate with various global technology companies to continuously strengthen the webOS Auto ecosystem and expand our influence as a global leader in next-generation automotive software,” stated Park Il-Pyeong, CEO of LG Electronics.
Amazon has bolstered its own door-to-door delivery rates after solely relying on United Parcel Service Inc, FedEx Corp, and the US Postal Service. A larger percentage of deliveries are now outsourced to independent contractors, while bulk buying of vehicles equates to savings on fuel and insurance.
BaT listings are turned into must-reads by the insightful comments of the global collector car community. The site’s daily emails are received by more than 200,000 people, many of whom are experts and former owners of the marque they’re commenting on.