Uber is trying everything to make bikes and scooters a profitable business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Uber will give its rentable bikes and scooters more prominence in its app next month in an attempt to increase ridership.

Washington, DC Uber announced a number of changes to its bike and scooter business Thursday as the company faces pressure to become profitable.

In 2020, it will introduce swappable battery kiosks in cities, which will allow Uber riders, drivers and couriers to exchange batteries on Jump-branded vehicles. Like all bike and scooter companies, Uber faces significant costs to charge and maintain its fleet. The company has increased rental prices this year. It's expensive to hire workers to travel around cities replacing dead batteries, so having riders swap batteries could reduce how many people Uber needs to pay.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

beckyhizzle maybe you won’t fall off this one?

Strange... there’s all this SchiFF and impeachment going on and y’all are talking about UBER... let’s talk doctoring transcripts no)

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber CEO says business is 'absolutely sustainable' after losing $5 billion in three monthsIn an interview with CNN correspondent Christiane Amanpour that will air Wednesday, Dara Khosrowshahi defended Uber's business model Y MEANING OF Y FOR Y 1 AM ON 215 R Y A NGAI YM AR D 922 9 '9 Y ANSWERED' ME MEANS Y MY YLJM NOSE VAINS Y YD THAT W SHARE MEANS Y Yeah because that model worked so well for Sears, oh wait... They definitely need to do a far better job of background checks on drivers and have letters of recommendation from previous employers. Why is it that the of attacks has increased dramatically since the advent of Uber? Not so with regular cab services.
Source: CNN - 🏆 4. / 95 Read more »