Announced

Completed

Uber completed an investment in Better Trucks.

Synopsis

Uber, a technology company specializing in the Uber platform, completed an investment in Better Trucks, a last-mile parcel carrier. Financial terms were not disclosed. “This strategic investment will allow us to immediately enhance our delivery solutions for shippers. Better Trucks’ track record in efficient, tech-driven solutions, combined with their expanding network, enables us to offer our customers unparalleled speed and flexibility. Uber and Uber Freight have pioneered asset-light logistics, and this further demonstrates how we can deliver tremendous value to our customers through partnerships in technology and operations," Rebecca Tinucci, Uber Freight CEO.

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MergerLinks - Uber completed an investment in Better Trucks.