Articles tagged “uber”

Uber CEO’s Year Gets Worse as Leaked Video Highlights Conflict With Drivers

Uber CEO’s Year Gets Worse as Leaked Video Highlights Conflict With Drivers

Eric Newcomer, Bloomberg

Uber's CEO took a ride with a driver, who told him, “You’re dropping the prices.” The CEO gruffly replied that Uber doesn't owe drivers a living. That's true. But the company also shouldn't mislead drivers into thinking their net income will typically be higher than the minimum wage.

17 hours ago

Singapore Is Getting Tougher on the Sharing Economy Brands It Once Embraced

Singapore Is Getting Tougher on the Sharing Economy Brands It Once Embraced

Fathin Ungku and Jeremy Wagstaff, Reuters

Cities have often been the underdogs when it comes to working with sharing economy brands. It's nice to see them use what they've learned to their own, and their citizens', advantage.

3 days ago

Uber Appoints Former Attorney General Holder to Review Sexual Harassment Suit

Uber Appoints Former Attorney General Holder to Review Sexual Harassment Suit

Eric Newcomer, Bloomberg

Silicon Valley is certainly keeping former Attorney General Eric J. Holder very busy these days.

1 week ago

Avis Ups Its Ridesharing Partnerships as Pressure Increases on Car Rentals

Avis Ups Its Ridesharing Partnerships as Pressure Increases on Car Rentals

Andrew Sheivachman, Skift

For Avis Budget Group, strong overseas returns aren't offsetting weakness in the Americas. Through its partnerships with services like Uber and Didi, it's looking for another way to make money with its fleet when rental demand flags.

2 weeks ago

Paris Is a Testing Ground for Uber’s Global Ambitions

Paris Is a Testing Ground for Uber’s Global Ambitions

Marie Mawad, Bloomberg

As Uber pushes for expansion around the world, the company is finding it must be open to local needs and demands.

3 weeks ago

Sharing Economy Goes Mainstream in Business Travel — Skift Corporate Travel Innovation Report

Sharing Economy Goes Mainstream in Business Travel — Skift Corporate Travel Innovation Report

Andrew Sheivachman, Skift

It looks like travel managers are finally embracing the sharing economy in both ground transportation and lodging. Expect the growth of the sharing economy to continue in corporate travel, but it will be interesting to see if there will be a ceiling on adoption in coming years.

4 weeks ago

More Companies Are Allowing Travelers to Use Sharing Economy Services

More Companies Are Allowing Travelers to Use Sharing Economy Services

Hannah Sampson, Skift

Now that half of corporate travel policies allow ride-sharing services, at least according to this survey, we have to wonder: What is the holdup with the other half? And will alternative accommodations eventually make similar inroads?

4 weeks ago

Cabbies Defaulting on Loans as Value of Taxi Medallions in NYC Plummets

Cabbies Defaulting on Loans as Value of Taxi Medallions in NYC Plummets

Polly Mosendz and Shahien Nasiripour, Bloomberg

A couple of years ago, taxi medallions in New York City were selling for $1.3 million. For many years the taxi industry thought their business -- which saw the number of licensed taxis in the city capped -- was an unending gravy train. Cabbies in many parts of the world are finding they will have to adapt to on-demand services or see their businesses die.

4 weeks ago

Airbnb Business Travel Transactions Doubled Since 2014

Airbnb Business Travel Transactions Doubled Since 2014

Andrew Sheivachman, Skift

Could Airbnb be on the cusp of disrupting business travel lodging in a manner similar to how Uber has come to completely dominate ground transportation? Unlikely, but it seems that a growing number of companies are becoming more lenient towards Airbnb use in their corporate travel policies.

1 month ago

J.P. Morgan’s Healthcare Conference Is a Case Study in Hotel Compression Nights

J.P. Morgan’s Healthcare Conference Is a Case Study in Hotel Compression Nights

Jared S. Hopkins, Robert Langreth, and Caroline Chen, Bloomberg

Those of us who work with the hotel industry shouldn't be surprised by this tale, which demonstrates the pricing power properties can have when major events come to town.

1 month ago

Congress Is Close to Letting Government Biz Travelers Expense Uber and Lyft

Congress Is Close to Letting Government Biz Travelers Expense Uber and Lyft

Andrew Sheivachman, Skift

Government employees expensing ridesharing services is a huge win for Uber and Lyft. But if the government itself supports the use of transportation networking companies for its workers, what are the possible chances of them regulating the industry in the future?

2 months ago

Uber Isn’t Profitable in the U.S. and Is On Track to Lose $3 Billion in 2016

Uber Isn’t Profitable in the U.S. and Is On Track to Lose $3 Billion in 2016

Eric Newcomer, Bloomberg

Even given Uber's $800 million third quarter loss, which excludes its business in China at the time, the company is one day poised to make money. We just can't predict when that day will arrive.

2 months ago