Tag: Uber
The Station: Pony.ai turns to delivery, Kodiak cuts, Lime snaps up Boosted’s IP
Hi and welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. What you’re reading here is an abbreviated version of The Station. To get the complete newsletter, which comes out every weekend, go…
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Uber adds retail and personal package delivery services as COVID-19 reshapes its business
Uber is introducing two new types of services, the company announced this week, including Uber Direct and Uber Connect. Direct is a delivery platform for retail items, while Connect is a peer-to-peer package delivery service, for sending goods to family and friends. This marks the most aggressive foray yet for…
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Uber revives product deliveries with person-to-person ‘Connect’ trial
Uber is dipping its toe back into the goods-delivery game. The move is a bid to boost revenue in a time where people are using its existing ride-hailing and food-ordering services less and less, due to the coronavirus outbreak. As the Financial Times… Source
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Uber pulls back from operating profit target
Uber is walking back its guidance for what was supposed to be a milestone year for the ride-hailing company that included reaching an operating profit by the last quarter. Uber said Thursday it was withdrawing its 2020 guidance for gross bookings, adjusted net revenue, and adjusted EBITDA, which were provided…
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Uber’s 1-800 number now also takes Eats delivery orders
Uber is giving people the ability to order Eats deliveries without having to use the app. Its experimental 1-833-USE-UBER number can now also take Eats orders in order to serve more people who have to stay at home due to the coronavirus pandemic. Ube… Source
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Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus
Kargo, a Jakarta-based logistics startup co-founded by veteran Uber Asia executive Tiger Fang, has raised $31 million to scale its business and help firms in the Southeast Asian nation fight the coronavirus. Silicon Valley-based Tenaya Capital, Sequoia India, and Intudo Ventures among others financed Kargo’s Series A round. The startup,…
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