Uber pulls out of Hong Kong after battling for portion of delivery market November 30, 2021 Uber is set to pull out of Hong Kong after its food delivery business failed to dig into a sizeable portion of the market. The delivery giant will exit the city state after five years at the end of December, declaring it a “difficult decision” in an online statement today. Uber will not leave the [...]
Ride green: Uber Boat builds UK’s first hybrid high-speed passenger ferries January 20, 2022 Uber Boat by Thames Clippers has announced it is currently building the UK’s first hybrid high speed passenger ferries. Set to respectively launch in autumn 2022 and spring 2023, the ferries will operate solely on battery power when transporting commuters between Tower Pier and Battersea Power Station. “After the challenges of the last two years [...]
Uber cuts deal with Tesla to supply London drivers with electric cars November 3, 2021 Uber has cut a deal with Tesla which will supply London drivers with electric vehicles (EVs) as the city pushes to slash emissions. The agreement, which comes into effect from today, will see drivers granted access to a £135m clean air fund to help buy or lease a Tesla car. The funds have been collected [...]
Uber pauses services in Brussels in ‘unprecedented’ strike – with its drivers September 30, 2021 Uber paused its services in Brussels this morning, in what the ride-hailing giant described as an “unprecedented” joint action with its drivers against the local government’s ban on using smartphones when driving. In a blog post to customers, Uber said its app and rides were temporarily suspended in protest against the Brussels government’s lack of [...]
London Tube strike: Uber to charge 150 per cent more for rides today November 26, 2021 With London going through yet another tube strike on five of its main lines today, many will be left with no other option than to call a taxi to work to avoid delays. However, Uber users across London may face much higher charges today, likely to be around 150 per cent. A recent study from [...]
Bold move to take on Uber: Bolt to allow London drivers to set their own prices November 15, 2021 In an attempt to tackle driver shortages which have led to longer wait times and increased cancellations across the ride-hailing sector, Uber’s main rival in the capital, Bolt, said this morning it will allow drivers to set their own prices. Drivers often accept journey requests but then reject them after receiving more profitable options, Bolt [...]
Moving markets: Five things shaping the FTSE 100 today February 15, 2024 Asian markets rose in line with Wall Street's momentum. Uber, Lyft, and Nvidia drove the S&P 500, while Bitcoin surpassed $52,079. Japan entered a recession, drawing attention to the UK Q4 GDP and U.S. retail sales.
Prices of Uber rides climb as app seeks more drivers August 30, 2021 Uber rides have become more costly for consumers as the app has struggled to recruit enough drivers to match increasing demand. The average cost of a journey via the ride-hailing platform has risen by a third since April, from £9 to around £12, according to figures from market research company Edison. While the number of [...]
Uber calls for ride-hailing rivals to offer cross-industry pension September 24, 2021 Seven months after a long-running legal battle between Uber and its UK drivers culminated in the Supreme Court ruling that its drivers are workers and not self-employed, Uber has from today begun rolling out its pension plan to its 70,000 people shuttlers. The ride-hailing app said its drivers would be auto-enrolled in a new scheme [...]
Uber Eats adds pub grub to app including Toby Carvery and Miller & Carter November 11, 2021 Uber Eats has added pub giant Mitchells & Butlers to its app offering The partnership means 1,000 bars, restaurants and pubs – including Miller & Carter and Toby Carvery – will join the app by the end of the year. What’s more, to celebrate the addition, Uber Eats is offering free delivery on pub dishes from [...]