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
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.
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.