Uber acquires SpotHero for an undisclosed sum, to offer parking reservation for events and at venues and airports; SpotHero was last valued at $290M

Uber announced its acquisition of SpotHero, a parking reservation app, aiming to integrate parking services into its platform. The acquisition will allow Uber to offer a parking reservation experience for events, venues, and airports, enhancing its ecosystem. SpotHero, founded in 2011, offers parking at over 13,000 locations in the U.S. and Canada.