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Uber: This Rally Is Just The Beginning (NYSE:UBER)

Uber: This Rally Is Just The Beginning (NYSE:UBER)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

Startup news and updates: daily roundup (August 9, 2023)

Startup news and updates: daily roundup (August 9, 2023)
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What s Up Wellness, two others raise early-stage funding

Direct-to-consumer wellness brand What’s Up Wellness, fitness platform All Is Well and ayurveda-based brand Dr Mantra have raised early-stage funding, the companies said on Wednesday. What’s ..

Fitness tech platform All Is Well raises $250,000 - The Hindu BusinessLine

Fitness tech platform All Is Well raises $250,000 - The Hindu BusinessLine
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Demand and ETR Forecasting at Airports

Airports currently hold a significant portion of Uber’s supply and open supply hours (i.e., supply that is not utilized, but open for dispatch) across the globe. At most airports, drivers are obligated to join a “first-in-first-out” (FIFO) queue from which they are dispatched. When the demand for trips is high relative to the supply of drivers in the queue (“undersupply”), this queue moves quickly and wait times for drivers can be quite low. However, when demand is low relative to the amount of available supply (“oversupply”), the queue moves slowly and wait times can be very high. Undersupply creates a poor experience for riders, as they are less likely to get a suitable ride. On the other hand, oversupply creates a poor experience for drivers as they are spending more time waiting for each ride and less time driving. What’s more, drivers don’t currently have a way to see when airports are under- or over-supplied, which perpetuates this problem.

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