|Bid||22.33 x 800|
|Ask||26.65 x 900|
|Day's range||25.62 - 25.85|
|52-week range||14.07 - 27.30|
|Beta (5Y monthly)||0.41|
|PE ratio (TTM)||5.71|
|Forward dividend & yield||0.19 (0.71%)|
|Ex-dividend date||29 Jun 2020|
|1y target est||N/A|
Uber Technologies <UBER.N> said on Friday it will invest more than $150 million in a joint venture and partnership with South Korea's SK Telecom Co Ltd <017670.KS>, which is proposing to split off its mobility business. The move is Uber's latest attempt to expand in a market where it has faced tough competition, opposition from taxi drivers and regulations which forced it to stop using private cars for its ride-hailing service in 2015. The U.S. ride-hailing company currently offers premium taxi-hailing and registered taxi-hailing services in South Korea, a market dominated by local player Kakao's <035720.KS> mobility unit.
This group of startups will join the Telecom Infra Project accelerator in South Korea, which is part of a global program of telecoms specialist centers, and run in partnership with SK Telecom. The cohort includes a ship-berthing monitoring system; an app that turns a group of mobile phones into a TV studio; an AI-powered indoor positioning system, which creates interactive maps; a vision system for delivery robots; and one which allows remote audiences to experience live events "together" via a digital stadium.
In this wide-ranging exclusive interview, Nano-X's CEO Ran Poliakine answers pressing questions about the company's technology, market opportunity, business model, and more.