Uber Technologies (UBER Quick QuoteUBER - Free Report) announced the introduction of a service for returning packages, ordered online, through the company’s app. To this end, Uber has decided to expand its package delivery service, Uber Connect, for including returns.

This chargeable (flat $5 for up to five packages tendered at a time or a $3 fee for Uber One subscribers) service is known as Return a Package. This new service is extremely customer-friendly as it helps in saving time and is very much affordable.

For this service, an Uber driver will pick up sealed and prepaid packages from the customer’s location and drop them off at a local post office or FedEx (FDX Quick QuoteFDX - Free Report) or United Parcel Service (UPS Quick QuoteUPS - Free Report) .

This convenient service is currently available in nearly 5,000 cities where the ride-hailing company has a presence. This is a prudent move by Uber as it aims to expand its offerings to meet the growing needs of customers.

Shares of Uber have gained 44.1% over the past six months compared with its industry’s 23.9% growth.

Image Source: Zacks Investment Research

Zacks Rank & Another Key Pick

UBER currently sports a Zacks Rank #1 (Strong Buy).

Investors interested in the same industry may also consider LivePerson (LPSN Quick QuoteLPSN - Free Report) , which is also flaunting a Zacks Rank #1. The Zacks Consensus Estimate for LPSN’s current-quarter earnings has surged 200% over the past 60 days. You can see the complete list of today’s Zacks #1 Rank stocks here.