Uber has agreed to accumulate SpotHero, the digital parking market, in a transfer that expands Uber’s ambitions past ride-hailing and supply. The deal was introduced on Monday and is predicted to shut within the first half of 2026, pending regulatory approvals. Monetary phrases weren’t disclosed.
SpotHero lets drivers reserve and pay for parking upfront, with protection spanning greater than 13,000 garages, heaps and valet areas throughout over 400 cities within the US and Canada.
Uber stated the corporate plans to combine SpotHero’s parking companies straight into its app, giving prospects another choice for planning journeys that contain driving quite than rides.
The acquisition matches into Uber’s broader push to turn out to be a one-stop transportation app. Lately, the corporate has aggressively expanded into meals supply, grocery orders, automobile leases, courier companies, transit integrations and subscriptions by Uber One. Parking reservations can simply be bundled into that ecosystem, which might be notably helpful for commuters, airport vacationers and folks attending giant occasions.
For SpotHero, the deal provides entry to Uber’s large person base and deeper integration into on a regular basis journey planning. The corporate will proceed working with parking operators whereas its expertise is folded into Uber’s platform.
