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Uber News
TechCrunch
3d
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Uber ditches commissions in favor of daily fees for rickshaw drivers in India
- Uber is moving away from its commission-based model for three-wheeled motorized rickshaw drivers in India.
- Instead of commissions, Uber will charge drivers a daily fee to use the platform and connect to riders.
- This change comes in response to increased competition from local rivals Rapido and Namma Yatri.
- Uber's new model will require riders to pay the driver directly and will also allow drivers to set their own rates.
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Analyticsindiamag
3d
341
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Do Indian Founders Build AI Wearables?
- Bengaluru-based AI startup NeoSapien is building AI pendants that act as a 'second brain'
- Indian hardware startups face challenges in developing and adopting hardware
- Dhananjay Yadav, the founder of NeoSapien, believes government support and funding initiatives are needed to boost Indian hardware innovation
- Despite challenges, Indian startups like NeoSapien are paving the way for AI wearables in India
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20 Likes
Insider
4d
178
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Gig workers worked more but earned less in 2024, a new study shows
- Gig workers for Uber, Instacart, and other services earned less money in 2024, according to a study by Gridwise.
- Despite working more hours, Uber ride-hailing drivers' earnings fell 3.4%, while Lyft drivers' pay declined 13.9%.
- Delivery workers for DoorDash and Amazon Flex saw an increase in earnings, but the number of hours worked also rose.
- Gig workers have reported increased competition and a decline in job profitability.
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Insider
4d
134
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A boomer made $47,000 last year from his remote side hustle answering questions about art and antiques
- David C. Bond made $47,000 last year answering questions about art and antiques on JustAnswer.
- He gets paid between $7.50 and $11.50 per question and aims to answer about 20 per day.
- Freelance gigs like JustAnswer have become popular as people look for additional income.
- David C. Bond taps his expertise in art to earn a valuable income stream through JustAnswer.
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Insider
5d
171
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Calling an Uber abroad can incur extra charges — here's how to avoid them
- Uber will soon charge a 1.5% fee for preferred currency pricing in the US, Canada, UK, and Europe.
- Preferred Currency Pricing applies to debit or credit card payments, not gift cards or Uber Cash.
- Users can avoid the fee by disabling the setting in the app's account and wallet sections.
- To avoid foreign transaction fees on Uber, users can turn off the preferred currency pricing in settings and instead opt to pay in local currency.
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10 Likes
Insider
5d
90
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Uber and Lyft drivers are teaming up and creating their own apps to make more money
- Some Uber and Lyft drivers are creating cooperatives to increase earnings and improve working conditions.
- These driver-owned cooperatives aim to set up their own apps and implement transparent policies.
- Existing driver co-ops, such as The Drivers Cooperative in New York City, have already reported better returns for drivers.
- Cooperatives also address issues like driver deactivations and safety concerns, providing a more supportive environment for drivers.
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5 Likes
Insider
1w
50
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Uber sues DoorDash, accusing its food delivery rival of inflating costs and anti-competitive business practices
- Uber filed a lawsuit against DoorDash, accusing the food delivery rival of anti-competitive practices.
- Uber claims that DoorDash's practices inflate costs for restaurants and customers.
- The lawsuit seeks unspecified damages and aims to force DoorDash to change its business practices.
- DoorDash spokesperson denies Uber's claims, stating they are unfounded.
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3 Likes
TechCrunch
1w
315
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Uber sues DoorDash, alleging anti-competitive tactics
- Uber filed a lawsuit against DoorDash, alleging anti-competitive tactics and restaurant intimidation.
- Uber accuses DoorDash of pressuring restaurants into exclusive agreements for first-party delivery services.
- DoorDash holds the largest share of the food delivery market in the U.S.
- Uber claims that DoorDash's tactics have cost the company millions of dollars in revenue and restricted the growth of Uber Direct.
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18 Likes
Insider
1w
2.5k
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Uber's CEO says he wants to find a way to work with Tesla because 'no one wants to compete against Tesla or Elon, if you can help it'
- Uber's CEO, Dara Khosrowshahi, expressed his desire to work with Tesla, stating that nobody wants to compete against Tesla or Elon Musk.
- Khosrowshahi hopes that Tesla will allow its vehicles to provide rides on Uber's platform, as it will create additional revenue for both companies.
- He emphasized the importance of revenue generation and maximizing the economic value of the box with wheels, citing the example of restaurants using multiple delivery services.
- While Khosrowshahi expressed optimism about partnering with Tesla, the actual realization of Tesla's robotaxi ambitions may be subject to regulatory challenges.
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20 Likes
TechCrunch
2d
39
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Arize AI hopes it has first-mover advantage in AI observability
- Arize AI is an observability platform that helps evaluate and monitor AI models and applications.
- The platform uses a combination of AI models and human evaluation to identify errors and issues.
- Arize has raised $70 million in a Series C funding round, bringing the total funding to over $130 million.
- The company plans to focus on improving its main product and expanding into voice and AI agent segments.
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2 Likes
Pymnts
3d
203
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Report: Rising Cost of Rideshare Services May Cause Lower Demand
- The rising cost of rideshare services may lead to lower demand, according to a report by Gridwise.
- The median price for rideshare services rose 7.2% in 2024, reflecting inflationary pressures, adjustments in fares, and higher operational costs.
- 72% of surveyed consumers said they would reduce or stop their use of rideshare services if prices increased further.
- Lower fares are crucial for retaining rideshare users, with about 56% of consumers highlighting it as a factor for loyalty.
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12 Likes
Medium
3d
177
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RCA: Uber Ride acceptance rate is decreased by 5% in last 15 days
- Uber's ride acceptance rate has decreased by 5% in the last 15 days.
- Uber operates multiple products, but we will focus on the ride-hailing app for analysis.
- Two key stakeholders in the Uber ride-hailing ecosystem are drivers and riders.
- By evaluating Uber's ecosystem, we can identify the root cause of the decline and develop a resolution strategy.
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10 Likes
Blackenterprise
4d
210
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To Make More Money, Uber And Lyft Drivers Are Creating Their Own Apps And Co-Ops
- To fight back against the lack of money made by driving people around, drivers for Lyft and Uber are creating ride-hailing cooperatives and apps to make up for the lost wages.
- Cooperatives are non-profit business models that some drivers say work in better favor for them, providing transparent policies around driver-related issues.
- In major metro areas like New York City and Denver, cooperatives already exist and are thriving, offering drivers a more sustainable option for greater wages.
- The hope is for co-ops to combat more areas other than payment and deactivated accounts, such as improving safety for drivers and riders.
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Medium
4d
134
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Bradley Tusk, Architect of Uber’s Political Playbook, is Done Raising Venture Dollars
- Bradley Tusk, known for his political strategy in the startup world, is no longer raising venture dollars.
- His role as the political advisor for Uber helped the company overcome regulatory hurdles and gain public support.
- Tusk's decision indicates a shift in his approach to business, potentially moving away from traditional venture models.
- Although he is stepping back from fundraising, Tusk's expertise in navigating regulation and politics will continue to influence the industry.
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8 Likes
Pymnts
6d
850
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Uber Takes DoorDash to Court Over ‘Coercive’ Restaurant Tactics
- Uber has filed a lawsuit against DoorDash, accusing it of 'coercive' behavior in pushing restaurants to work exclusively with its delivery service.
- Uber claims that DoorDash's tactics reduce restaurant-customer and consumer choice, resulting in higher prices, lower-quality service, and decreased innovation.
- DoorDash denies the allegations, stating that Uber's claims have no merit and are based on their inability to offer a quality alternative.
- The complaint alleges that Uber had provided direct delivery services to restaurants until DoorDash intervened, leading to the loss of millions of dollars in business for Uber.
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