Driving success: Uber eyes profitability as airport and office journeys fuel post-pandemic rideshare demand February 8, 2023 Uber said it had set its sights on delivering profits this year after 2022’s surge in demand for airport and office rides helped the company rebound from pandemic lows. Dara Khosrowshahi, chief executive of Uber, said the company was now focused on achieving profitability on a GAAP basis this year. Khosrowshahi said: “The pandemic’s impact on [...]
Cabbies call on Mayor of London to block Uber’s licence renewal amid worker rights row March 16, 2022 London cabbies are calling on the Mayor of London and TfL to set tougher worker rights conditions on Uber’s application for renewal of their London licence, which is set to expire on March 27th. According to the App Drivers & Couriers Union (ADCU), Uber has failed to abide by the Supreme Court ruling from February [...]
Union threatens to sue over Uber’s failure to offer ‘sharia compliant’ pension plan for Muslim majority workforce April 20, 2022 The gig economy workers’ union has threatened to take Uber to court over its failure to offer a “sharia compliant” pension plan for its Muslim majority workforce. The App Drivers & Couriers Union (ADCU) has threatened to sue Uber for failing to provide a pension offering that complies with the tenets of Islamic beliefs, after [...]
Uber chief: Time to show investors the money May 9, 2022 Uber chief Dara Khosrowshahi heralded a change of tack this week when he sent an internal email to staff entitled “the next (best) chapter”, signalling a new era of cost cutting. Discussing the “seismic shift” that has occurred in the ride-hailing space, Khosrowshahi emphasised the centrality of shareholders in the company’s ongoing journey. He wrote: [...]
Uber launches ‘money saving’ subscription service for Brits May 26, 2022 In a major pivot towards a recurring revenue, Uber has finally launched its new membership programme, Uber One, in the UK.
Capital People: Meet the Bond Street watch dealer serving Daniel Craig and the uber-rich December 2, 2022 London watch dealer Raj Jain has an interesting backstory, having bought and sold rare, antique and luxury watches in both the UK and Mumbai since the 1980s. An industry stalwart, he has been based in London’s fabulous and famous Bond Street area for almost three decades with a watch shop that’s “like a museum” but [...]
Heathrow Express passengers can soon book train tickets through Uber September 5, 2022 Passengers on the Heathrow Express will soon be able to book train tickets through Uber following a partnership between the two services. The collaboration is part of Uber’s new feature Uber Travel, which aims to transform Uber into a multi-modal smart travel app. The feature is already available in cities across North America. “We have [...]
Uber works with UN to deliver emergency food and supplies in Ukraine June 8, 2022 Uber has created a "private-label" version of its platform to help the United Nations deliver food and water supplies to parts of Ukraine.
Uber drivers add to travel chaos after union calls for strike June 22, 2022 Uber drivers have joined the wave of industrial action bringing the country to a standstill today after the App Drivers & Couriers Union (ADCU) called for a 24-hour national strike until midnight tonight.
Tube strike brings London to a standstill as Uber raises prices due to increased demand August 19, 2022 London has been paralysed by a strike from workers on the Underground, Overground and bus service, as private hire taxi services like Uber and Bolt raise prices due to increased demand. All London Underground lines are closed on Friday 19 August following a walk-out called by around 10,000 members of the RMT Union on the [...]