Uber Acquires Parking App SpotHero

The ride-sharing company plans to integrate SpotHero's parking reservation services into the Uber app.

Published on Feb. 27, 2026

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Uber has announced plans to acquire the parking reservation app SpotHero. The deal is expected to close in the first half of 2026, subject to regulatory approval. Uber CEO Dara Khosrowshahi said the acquisition will "bring more people into the Uber ecosystem" by making parking easier for Uber users. SpotHero, founded in 2011, is the leading parking reservation app in North America with over $2 billion in reservations sold across 13,000 locations.

Why it matters

The acquisition is part of Uber's broader strategy to expand its platform and services beyond just ride-sharing. Integrating parking reservations directly into the Uber app could make the service more convenient for users and help drive more people to use Uber. It also aligns with Uber's goal of providing "more ways to get around without needing a car."

The details

Under the deal, SpotHero's parking reservation services will be integrated into the Uber app. Uber plans to focus on providing parking options for commuters, as well as at events, venues, and airports. The company also intends to later offer parking benefits as part of its Uber One membership program. The acquisition comes as Uber has been expanding into other areas, including autonomous driving and electric air taxis.

  • The acquisition is expected to close in the first half of 2026.
  • Uber announced the acquisition on February 23, 2026.

The players

Uber

A San Francisco-based ride-sharing company that operates transportation and delivery services.

SpotHero

A Chicago-based parking reservation app that is the leading parking reservation service in North America, with over $2 billion in reservations sold across 13,000 locations.

Dara Khosrowshahi

The CEO of Uber.

Mark Lawrence

The CEO of SpotHero.

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What they’re saying

“We've built Uber around giving people more ways to get around without needing a car. But for the moments when people do choose to drive, SpotHero on the Uber app will make the experience easier than ever, and bring more people into the Uber ecosystem.”

— Dara Khosrowshahi, CEO, Uber (The Epoch Times)

“We've spent 15 years building SpotHero into the most trusted, high-performing digital parking network in North America. Joining forces with Uber will allow us to bring that experience to millions more drivers and make parking a natural part of the Uber platform.”

— Mark Lawrence, CEO, SpotHero (The Epoch Times)

What’s next

The acquisition is subject to regulatory approval and customary closing conditions. Once the deal closes, Uber plans to integrate SpotHero's parking reservation services into the Uber app.

The takeaway

Uber's acquisition of SpotHero is part of the ride-sharing company's broader strategy to expand its platform and services beyond just transportation. By integrating parking reservations into the Uber app, the company aims to make the overall Uber experience more convenient for users and drive more people to use its services.