Uber Technologies Inc. reported a strong start to 2025, with first-quarter adjusted EBITDA reaching a record $1.9 billion, a 35% increase year-over-year, and free cash flow of $2.3 billion. The company recently launched "Route Share," a new ride-sharing option that allows users to share rides with up to two other passengers along busy corridors at up to 50% less than the cost of UberX. This service will initially be available in New York City, San Francisco, Chicago, Philadelphia, Dallas, Boston, and Baltimore. Uber CEO Dara Khosrowshahi acknowledged Waymo as a leader in autonomous vehicle safety and utilization, noting its high customer approval. Meanwhile, Lyft is reintroducing cheaper shared trips at major airports nationwide, offering fares up to 20% less than UberX Share, in an effort to attract cost-conscious consumers amid inflation concerns.