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Articles tagged “juno”

Uber Competitor Gett Is Reportedly Considering a Departure from U.S. Market

Uber Competitor Gett Is Reportedly Considering a Departure from U.S. Market

Christoph Rauwald, Giles Turner and Yaacov Benmeleh, Bloomberg

A year ago, we wondered if Uber would start to get worried as rivals teamed up to take it on. Sounds like there was not much need of that as Gett reportedly considers a sale of Juno and an exit from the U.S.

2 years ago

Ride-Hailing Company Gett Is Buying Juno to Better Compete With Uber

Ride-Hailing Company Gett Is Buying Juno to Better Compete With Uber

Joshua Brustein, Bloomberg

Rivals are joining forces as Uber continues to face bad press. Is the ride-hailing giant getting nervous yet?

3 years ago

Is Uber’s Huge Commission Rate a Red Flag and Opportunity for Competitors?

Is Uber’s Huge Commission Rate a Red Flag and Opportunity for Competitors?

Shira Ovide, Bloomberg

Uber's high commissions -- which piss off drivers -- represent an opportunity for competitors, although Lyft's take rate is roughly on par with Uber's. At some point, Uber might need to hurt its own bottom line by being more generous with its drivers -- especially since driverless cars aren't around the corner.

3 years ago

Uber’s Stealth Rival Juno Is Wooing Drivers First

Uber’s Stealth Rival Juno Is Wooing Drivers First

Gwen Ackerman, Bloomberg

Uber and Lyft have created a new generation of drivers that understand on-demand services but are fed up with how they are treated and paid. This is a great opportunity for a new rival with money to invest.

4 years ago