UberPool Ultra Cheap Shared Rides Are Not Coming Back After

UberPool Ultra Cheap Shared Rides Are Not Coming Back After Pandemic


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Company is debating the future of its shared ride service after suspending it when Covid-19 hit
When it returns, UberPool will be almost unrecognizable, with no big discounts and limited routes
Uber was once burning almost $1 billion a year on UberPool, while CEO targets profitability now
The fate of Uber's popular shared ride service, UberPool, is in the balance and even after the pandemic subsides the product will be a shadow of its former self, according to people familiar with the matter.
The offering, which put different riders heading to similar destinations in the same vehicle, was a foundational part of the sharing economy. It also represented at least a tenth of all trips globally—sometimes far more. But hundreds of millions of dollars in annual losses and over a year of social distancing have left UberPool's future in doubt, the people said. They asked not to be identified discussing private deliberations.

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