Idéal Investisseur
Français English
CAC 40 : Market closed
7 969,42 pts
-0.01%


Last updated : 30/10/2026 - 17h36
🏠 Home   ➤    Stock news

TomTom and Uber Renew Their Global Technological Partnership

Dutch mapping technology specialist TomTom and mobility platform Uber have announced the renewal of their partnership agreement. According to the announcement, this collaboration aims to integrate TomTom's maps, APIs, and real-time services across Uber’s global platform.


TomTom and Uber Renew Their Global Technological Partnership

Enhancing Key Features

The integration of TomTom's maps and APIs aims to optimize several key features of the Uber platform, the group indicates. The system particularly concerns route calculation, fare estimation, and the accuracy of geolocation for pickups and drop-offs, especially in complex environments such as airports, train stations, and stadiums. According to the company, this technological enhancement aims to reduce travel times and uncertainty for drivers and passengers, while enhancing overall operational efficiency. Amit Fulay, Vice President of Product at Uber, stated that accurate mapping is a critical element in providing a fast and intuitive experience on the group's mobility and delivery platforms.

Data Update Mechanism

Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning ✓ Euronext data ✓ AI-powered analysis

The partnership relies on a mutual data update mechanism, according to the announcement. TomTom's mapping platform continuously integrates information from thousands of data providers and processes billions of data points to keep its maps up-to-date. The agreement provides that information from actual trips made on the Uber platform is automatically processed and integrated into TomTom's maps. According to the group, this process helps improve the updating of data concerning roads, traffic restrictions, and closures. Mike Schoofs, Managing Director of TomTom, indicated that this deepened partnership allows for the provision of the group's full range of data sets and services, including highly accurate maps and mapping APIs, to enhance Uber's geolocation solutions.

Exploring New Opportunities

The two companies plan to explore new opportunities to introduce additional tools based on geolocation, according to the announcement. This expansion would aim to broaden the capabilities of the Uber platform and further enhance the overall user experience. TomTom, which provides location data and technologies to drivers, automakers, businesses, and developers, processes data from millions of sources. The Dutch group offers ready-to-use maps, routing solutions, real-time traffic information, as well as APIs and software development kits. Uber, launched in 2010, claims more than 68 billion rides since its inception and develops mobility and delivery products.



Sector Logiciels et services numériques › Logiciels d'entreprise


Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext

Context

Period
  • Period: T3 2026
Key reported figures
  • Revenue: 129 millions d'euros
  • Quarterly revenue: 129 millions d'euros
  • -239 millions d'euros
Guidance from the release
  • Updating 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook
Risks mentioned
  • Approximately 200 roles impacted by organizational changes
  • Automotive operational revenue decreased by 19%
  • Group revenue decreased by 6% year-over-year
Opportunities identified
  • Significant growth opportunities in automated driving and location intelligence driven by AI
  • Expanded collaboration with Microsoft for location intelligence integration
  • Location Technology revenue growth expected for 2027
Outlook / guidance
  • Management commentary: We are updating our 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook. The 4% operating margin guidance reflects our stronger performance year to date, as well as lower expected salary costs in Q4.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

Advertisement
Every morning
Technical market signals,
before the opening bell.
CAC 40 · SBF 120 · Signals · Analysts
🤖
Today's edition — pre-market
CAC 40
7 702
-0,87%
SBF 120
5 827
-0,87%
📈 Bullish signals
+5,2%
+1,8%
+0,9%
📉 Bearish signals
-14%
-5,7%
🔄 Analyst opinions
▲ 35 €
▼ 80 €
Sign up to see everything →
Before 9 AM every morning
Euronext data
AI-powered analysis





BOURSE · Chaque matin
La synthèse bourse,
avant l'ouverture.
Notre moteur analyse chaque nuit le CAC 40 et le SBF 120. Ce qui mérite attention remonte directement dans votre boîte mail. Gratuit.
✓ Avant 9h00 ✓ 1000+ inscrits ✓ 100% gratuit
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours sur les valeurs Euronext, chaque matin avant 9h.
tendance · 6 séances
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours