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Uber Announces Affordability-Focused Commuter, Uber Eats Features

1. Uber announced affordability-focused features at its annual Go-Get event. 2. New in-app tools include price locks and bulk ride purchases for commuters. 3. Uber Eats introduces 'Savings Slider' for comparison shopping on groceries. 4. Partnerships with OpenTable and Volkswagen for dining and autonomous vehicles. 5. Uber shares down 2%, yet still up 50% year-to-date.

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FAQ

Why Bullish?

The introduction of affordability features could attract more users, boosting demand and revenue.

How important is it?

The new features cater to cost-conscious consumers and could increase engagement and revenue.

Why Short Term?

User adoption and response to new features will be assessed in the coming months.

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