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
Source: forbes.com
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Uber's CEO Hides Driver Pay Cuts To Boost Profits
Uber CEO Dara Khosrowshahi has raised US rideshare prices and cut driver pay while masking the company's actions behind vague and misleading public statements.
Source: forbes.com
Can Uber and Lyft ever make real money?
Ride-hailing seems a long way from generating riches for investors
Source: livemint.com
Uber reports US$892m Q4 profit, topping expectations | Money
NEW YORK, Feb 10 — Uber announced US$892 million (RM3.7 billion) in quarterly profits Wednesday on surging revenues as the ride-hailing firm reported a strong demand recovery following the latest Covid-19 wave. The San Francisco-based company notched increases across its operations, including its...
Source: malaymail.com