Uber on track to hit profitability this quarter after decade-long journey September 21, 2021 Uber has said it is on course to post its first-ever profit – on an adjusted basis – in the current quarter, beating expectations as food delivery continues to surge and ride hailing recovers from pandemic lows. Shares in the company were up around 8 per cent in early trading today after the company projected [...]
Gig economy: Dutch court rules Uber drivers are employees not contractors September 13, 2021 In the latest victory for gig economy workers fighting for improved rights, a Dutch court has ruled that Uber drivers are employees rather than independent contractors. The decision entitles Uber drivers to greater workers’ rights, and in some cases makes them eligible for back pay. Amsterdam’s District Court ruled that drivers who work through the [...]
Uber strike over ‘racist’ facial recognition algorithm as case heads to tribunal October 6, 2021 A union is taking legal action against Uber for what it claims is indirect racial discrimination. The Independent Workers’ Union of Great Britain (IWUGB) is taking Uber to court on behalf of one of its members who says their account was terminated because of a facial recognition algorithm used to identify drivers incorrectly mis-identified drivers [...]
Shell forecourt stores join Uber Eats as popularity grows for speedy groceries September 23, 2021 Shell petrol station shops have partnered with Uber Eats, meaning consumers will have 24 hour access to grocery products. Some 340 forecourt stores are joining the delivery platform after the company left a partnership with Deliveroo. More than 250 of the stores are available for orders 24 hours a day. More than 750 products will [...]
Uber marks first-ever adjusted profit, swinging from last year’s $625m loss November 4, 2021 Ride hailing giant Uber has posted its first-ever adjusted profits in its last quarter, swinging from an eyewatering $625m loss just a year ago. The $8m profit marks a turning point from both its ride hailing and food delivery divisions. Consumers have begun travelling in greater numbers again, after a more than a year of [...]
Uber UK boss to meet GMB leader after driver representation deal August 26, 2021 Uber’s UK boss is due to meet with the new leader of the GMB union in a bid to settle their differences about the ride-hailing app’s working practices. Jamie Heywood, Uber’s UK regional manager, will meet with Gary Smith, months after the firm took the decision to recognise the union, the BBC said. Under that [...]
Uber under pressure as Chinese rival Didi enters UK July 7, 2021 Uber will come under pressure from yet another ride-hailing rival as China’s Didi prepares to launch in the UK in the coming weeks. Didi is said to have secured its first licences in Manchester and Sheffield and is set to begin services as soon as this month, the Daily Telegraph reported. The arrival of the [...]
Staycations are over: Uber trips to airports soar by 328 per cent after restrictions lift October 5, 2021 British holidaymakers have increased exponentially their trips to the airport after more than a year of ‘staycations’. Data from Uber showed today that in the UK, trips to the airport increased 328 per cent since the government lifted the Covid-19 travel restrictions on 17 May. The statistics showed that trips booked using the reserve feature [...]
Chinese Uber rival Didi suspends UK launch amid data crackdown August 24, 2021 Ride hailing platform Didi has called off plans to launch in continental Europe including in UK cities. The firm is consulting with staff working on its Western Europe roll out on assigning roles and potential redundancies, according to reports from the BBC and The Telegraph. Plans to launch in London, Sheffield and Salford have been [...]
Cake Box to open 20 new stores as Uber Eats and Deliveroo orders double sales October 4, 2021 Cake Box said this morning that its sales nearly almost doubled for the past six months amid a strong recovery in customer demand. The high street cream cake retailer said it was buoyed by its continued expansion, opening 20 new franchise sites over the six months to September, to bring it to a total of [...]