Market ExpansionWaymo can expand to more markets at a faster pace by leveraging Uber’s size and scale.
Partnership ExpansionUBER is expanding its partnership with Waymo to Austin and Atlanta, diminishing a key overhang for the stock and supporting the view that AV fleets are best served by partnering with rideshare platforms.
Strategic EndorsementThe announcement illustrates Uber’s execution on its partnership strategy in AVs, with Waymo a strong endorsement following prior AV partnerships.