Buy Uber shares - how to invest in Uber shares in Malaysia

The modern world cannot be imagined without Internet technologies. Modern innovative processes have penetrated the world of trade, the world of service and services, training and ordinary communication.

The topic of investment was not left aside either. Now, having access to the Internet, you can discover the wide world of stock trading, delve into the principles of the stock market and try yourself as an investor from the comfort of your own home. Even if you live in a small province of Pakistan, all you need is internet and a minimum starting amount of a few dollars.Today we'll take a look at how to invest in Uber shares in Malaysia.

Uber's first name was UberCab. The company started its activities in 2009. Founders: Travis Kalanick and Garrett Kemp. The company is headquartered in San Francisco, California. Uber provides intermediary services for taxis and passengers, customers and food companies. Today the brand is represented in more than 600 cities and 76 countries around the world.

The company's products are online platforms (mobile applications and website) in the field of transportation services: taxi service, freight transportation (Uber Freight), food delivery (Uber Eats). Uber is also developing a motorcycle and bicycle rental business, and has ambitions to create a fleet of autonomous (self-driving) taxis and air taxis.

Uber official website
Uber official website

Uber's IPO (public offering of the company's shares on the stock exchange) took place on May 10, 2019, but not very favorable market conditions reduced the initial offering price of $ 45 per share. As of September 13, 2019, Uber's share price has dropped more than 20% to $ 33.25.

The company ended 2018 with annual revenue growth of $ 11.3 billion, up 43% from the previous year. Uber's losses also fell to $ 1.8 billion, down from a $ 2.2 billion loss posted in 2017. At the end of 2018, the Uber platform had over 30 million monthly users.

Due to the worldwide pandemic and, as a result, reduced demand for the company's services, the past year has not been an easy one for Uber. Summing up the results of 2020, the company reported a slight recovery in the number of taxi service trips and a 130% increase in delivery services. Uber posted lower-than-expected losses, but failed to reach earnings estimates.

Uber is also not yet giving any predictions for 2021 due to the uncertainty of macro conditions due to the COVID-19 pandemic.

In regions where the incidence has dropped significantly, the company said there is a rapid recovery in demand, although some business travel is expected to be lost as many office workers have moved to telework from home.At the same time, Uber has made great strides, with new acquisitions, growing partnerships and subscription programs promising more sales and profits in 2021.

Uber reported a fourth-quarter loss per share of $ 0.54, down 16% from last year and slightly better than analysts' estimate of $ 0.55 loss per share.Total revenue fell 21% to $ 3.2 billion, below the $ 3.58 billion average analyst estimate.For all of 2020, Uber's revenue declined 14% to $ 11.14 billion, but the company managed to cut losses by 20%.

While the coronavirus pandemic has dealt a big blow to Uber's international taxi business, it has also accelerated the growth of other Uber Eats food delivery businesses and Uber Freight cargo delivery businesses.Uber management noted that the company's delivery business more than doubled in a year to almost $ 44 billion.

In Q4, total bookings in the Delivery segment were up 130% year-on-year, while Uber Freight was up 43%. The number of taxi rides decreased by exactly half of last year's value, but improved compared to the previous quarter. The company also said that Uber Eats surpassed 600,000 restaurants in the fourth quarter, with the addition of Union Square Hospitality Group, Chipotle UK, Wings Etc. and many others.

Uber is ramping up its non-food supply, and in the fourth quarter it partnered with retailers such as H&M in Canada and Seiyu grocery and department stores in Japan.

Membership programs: Uber Pass, Eats Pass and Postmates Unlimited, which offer discounts and bonuses but require a monthly subscription, have increased to 5 million members and now have membership programs in 16 countries.

To lower its costs, Uber sold its unprofitable business units: Advanced Technologies Group (ATG), a self-driving car technology company, and its air taxi business, Elevate. Both deals were closed in January 2021. Uber also completed the sale of its Didi shares for about $ 207 million. Earlier this month, Uber announced a deal to acquire the alcohol delivery app Drizly, which the company plans to integrate with Uber Eats, its food delivery service.

As of the date of this writing, Uber's share price is $57.68 and remains positive.

Uber's shares
Uber's shares

How to invest in Uber shares in Malaysia?

Uber is a relatively new company on the stock exchange. It only went public on May 10, 2019 on the New York Stock Exchange (NYSE). 

To invest in Uber stocks, you need a licensed intermediary - a broker who works with those stocks. To choose a good broker, pay attention to the following things:

  • whether the broker is licensed by well-known regulatory authorities to engage in brokerage activities;
  • availability of a professional website with all the necessary information;
  • availability of feedback for consultations;
  • affordable trading conditions with a wide range of trading instruments;
  • availability of technical indicators for analyzing stock price fluctuations;
  • access to free educational materials;
  • speed of query execution;
  • low commission for services;
  • availability of various available methods for withdrawing funds.
Share purchase platform
Share purchase platform

No dividend is paid on Uber shares. Technically, this is justified by the fact that all profits go to active growth and expansion of the company. This practice really has a right to exist and has proven its effectiveness more than once.

Therefore, a popular method of investing in Uber is CFD (Contracts for Difference) trading, where you trade the difference in price per share between the opening and closing times of a trade. That is, you need to be able to predict a possible rise or fall in the value of shares in the market. In this case, you can get profit only with the correct forecast of the behavior of the share price.

Most online platforms, when choosing the type of CFD trading, allow you to use the "multiplier" option, with which you can expand the invested amount in accordance with the selected multiplier (multiplier) coefficient.However, do not forget that trading using a multiplier, on the one hand, allows you to multiply your possible profit, but, on the other hand, carries more risks of losing funds.

How to buy Uber stocks?
How to buy Uber stocks?

How to buy Uber shares in Malaysia?

As soon as you've decided on a broker, enroll on the internet investment system. Registering on this platform is generally not harder than registering for any social networking which you use to speak with buddies.

Registrating on the investing platform
Registrating on the investing platform

The very first time you log into the system, you'll be offered to start a free demo account - don't overlook this possibility. From the demo accounts, you'll be shown a false trial sum, as a rule it is  $10,000. You may operate this sum at your discretion, attempting to see whether your methods operate or not. Obviously, should they operate and you also find the accrued gain on the demo account, it's unrealistic to withdraw those funds, since they're fictitious.

How to open an account?
How to open an account?

If you feel prepared to spend real money for real trading, you'll have to replenish your actual account on the platform utilizing any of those payment tools which can be found on the website. Generally, the minimal beginning amount of replenishment is just 10 bucks. To purchase Uber shares, go to the "shares" section on the platform and enter the "Uber" ticker. 

You will see a section of the investment platform for working with Uber shares. In addition to the schedule of quotations, you can also see the tab "information", which contains current information about the company, such as the current current share price, spread size, trading schedule, investor sentiment and more.

Real account to invest in Uber
Real account to invest in Uber

How do I start investing online?

The very first step is to examine the marketplace. The world wide web is teeming with info concerning Uber itself as an investment item and also about the agents who provide investment solutions and market shares of the organization. Look closely at the agent's expertise in the investment industry, his business reputation and testimonials about him. Learn what commissions a broker company charges for supplying services and what resources you'll be able to get by registering on their website. As stated previously, registration is a basic step that doesn't need exceptional skills or understanding. But you'll want the knowledge and skills further once you would like to go into the large universe of investment.

Second step would be to replenish your accounts, in actuality, purchasing stocks, trading and withdrawing gains.

We expect that the next step - creating a gain - will probably always be present on your strategy. To do it, you must always enhance your understanding in the science of investment.

Also remember that stock prices are influenced by factors like the political and financial scenario in the country and in the world in general. Thus, we suggest that you keep abreast of all of the information, continuously monitoring them.

As time passes, you may acquire expertise in trading as a way to come up with your investment plan for market behaviour. We hope that you will have the ability to notify prospective investors and provide invaluable information to others as a seasoned stock exchange participant and a successful investor.

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