Uber's CEO Hides Driver Pay Cuts To Boost Profits
New research confirms Uber's improving profits have been driven by US price hikes and driver pay cuts that are not transparent from Uber's published data or CEO remarks
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New research confirms Uber's improving profits have been driven by US price hikes and driver pay cuts that are not transparent from Uber's published data or CEO remarks
If Uber is to be given credit for fulfilling their grand promise of becoming the transformative future of urban mobility, investors, consumers, and drivers deserve to know a lot more about the real costs of being taken for a ride.
The initial launch includes consumer spend and foot traffic geolocation data—pre-integrated with all the other data on the Bloomberg Terminal.
Recommerce platform Trove has raised $30M as it integrates its software with major 3PLs, eyes European expansion and plans new verticals.
The ride-hailing company's shares are well-positioned to ride the market's next bullish wave.