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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 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 Eats, DoorDash, Grubhub sue New York City over caps on fees they can charge restaurants September 10, 2021 A group of food delivery giants including Uber Eats, DoorDash and Grubhub have teamed together to sue the City of New York over legislation that would impose a permanent cap on the commissions they can charge restaurants. The companies filed a lawsuit in federal court in New York late last night, seeking an injunction that [...]