Uber's stock price fell 8% due to market concerns that Waymo would erode its online car-hailing business, yet the company's total order volume continued to grow at a rate of more than 20%. Its takeout business is expanding much faster than the online car-hailing business, and Uber has significant valuation discounts compared to DoorDash.

Uber's stock price fell 8% due to market concerns that Waymo would erode its online car-hailing business, yet the company's total order volume continued to grow at a rate of more than 20%. Its takeout business is expanding much faster than the online car-hailing business, and Uber has significant valuation discounts compared to DoorDash.