How Uber Solved the Classic Chicken-and-Egg Problem: Insights from a Former Employee
A former Uber employee recently shared insights on how the company overcame the classic startup challenge known as the "chicken-and-egg problem." This issue, where a service needs both suppliers and customers to function but can't attract one without the other, was...
Uber Expected to Post Surge in Revenue to $10B for Q1
Uber Technologies reported a significant increase in revenue for the first quarter of 2024, reaching $10.1 billion, up 15% from $8.82 billion in the same period last year. Read the rest of the article here.
Lyft CEO’s Biggest Challenge in Competing with Uber: Overcoming Inertia
Lyft CEO David Risher has identified the biggest challenge in competing with Uber as overcoming "inertia." He emphasizes that convincing customers to switch from their usual transportation habits, whether that means choosing Lyft over Uber or opting for ridesharing...
Instacart Partners with Uber Eats to Enhance Food Delivery Services
Instacart has announced a new partnership with Uber Eats, allowing Instacart customers to order food from Uber Eats' extensive network of restaurant partners. This collaboration will integrate Uber Eats' restaurant delivery service into the Instacart app, providing...
Uber Spends Millions On Nevada Ballot Initiative That May Slow Sexual Assault Suits
Uber is investing heavily in promoting a Nevada ballot measure that aims to cap contingency fees for lawyers at 20% in all civil litigation cases. This proposal has sparked controversy, with critics arguing that it would make it harder for civil plaintiffs to find...
Republican Senators Investigate Food Delivery Companies Over Migrant Workers
Republican senators are launching an investigation into Uber Eats, DoorDash, and Grubhub following a report by the New York Post on the companies' employment practices regarding migrant workers. Read the rest of the article here.
Drone startup Zipline hits 1 million deliveries, with more to come!
Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it’s eyeing restaurant partnerships in its next phase of growth. Read the rest of the article here.
Forage and Uber Eats Collaborate for SNAP EBT Grocery Delivery
Forage and Uber Eats have joined forces to provide online grocery purchasing and delivery services for recipients of the Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) Read the rest of the article here.
Uber’s lost-and-found items include toupee, live turtle
Uber's annual Lost & Found Index revealed some of the most unusual items left behind in ride-share cars over the past year including a toupee, a ceramic cat, and a live turtle. Read the rest of the article here.
Uber Apologizes to Woman Named Swastika
Uber issued an apology to an Australian woman named Swastika Chandra after banning her from using the platform due to her first name being deemed offensive. Read the rest of the article here.