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Post-Culture Review on Twitter: "FUN FACT: Uber lost about $5B last year. If fares were set high enough to just break even they would cost more than a traditional taxi. Every rideshare you take is subsidized by the finance industry in a ploy to profit off
FUN FACT: Uber lost about $5B last year. If fares were set high enough to just break even they would cost more than a traditional taxi. Every rideshare you take is subsidized by the finance industry in a ploy to profit off the destruction of unionized companies and public transit
uber  economics  politics  transportation 
yesterday by wn
Uber Eats expands to 100 new cities in Europe, Middle East, and Africa - The Verge
Uber’s food delivery service Uber Eats is expanding to over 100 cities in Europe, the Middle East, and Africa, TechCrunch reports. Specifically, the service will launch for the first time in Ireland, Egypt, Kenya, Ukraine, Romania, and the Czech Republic, along with previously announced markets around the globe, a spokesperson confirmed.

The service will launch in around 40 new cities in the UK and 35 new cities in France. Presently, Uber Eats operates in 200 cities around the globe, including some locations where Uber’s primary ride-hailing service has yet to launch.
food  delivery  uber 
yesterday by dancall
Uber, Lyft Used 65 Percent More Than NY Taxis | PYMNTS.com
New data shows that Uber and Lyft are becoming more popular than yellow and green cabs in New York City.
Analysis of data from the Taxi and Limousine Commission from blogger Todd Schneider found that in February 2017 ride-hailing services made 65 percent more pickups than taxis did. And the two companies combined now make more pickups per month than taxis did in any month since the data began being analyzed in 2009.
In addition, Uber is now bigger than yellow and green taxis combined.
uber  taxi  stats  cities 
yesterday by dancall

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