Waymo Eyes Austin As Next Ride-Hail City After San Francisco, To Scale Services In Golden Gate City
Portfolio Pulse from Anan Ashraf
Alphabet Inc's self-driving technology unit, Waymo, is expanding its commercial ride-hailing service, adding over 100,000 people from its San Francisco waitlist. The company also announced that Austin will be the next city for its ride-hail service. This comes after Waymo and General Motors' Cruise received permits for 24/7 fare-based autonomous operations in San Francisco in August.
October 25, 2023 | 6:04 am
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POSITIVE IMPACT
Alphabet's Waymo is expanding its ride-hailing service, which could potentially increase Alphabet's revenues.
The expansion of Waymo's ride-hailing service could potentially increase Alphabet's revenues as it adds more riders and expands to new cities. This could have a positive impact on Alphabet's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Alphabet's Waymo is expanding its ride-hailing service, which could potentially increase Alphabet's revenues.
The expansion of Waymo's ride-hailing service could potentially increase Alphabet's revenues as it adds more riders and expands to new cities. This could have a positive impact on Alphabet's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100