The joker on CNBC says DK is a great executive. He got paid 43 million last year, probably more this year for losing 5.3 billion in one quarter. I would have done the job for half the 43 million he got paid. https://www.cnbc.com/video/2019/08/12/jim-cramer-uber-losses-ceo-dara-khosrowshahi-squawk-on-the-street.html
This will be good for drivers in rural areas and long pickups but in major cities it's a killer since it came with a 50% CUT IN MILEAGE RATES!https://therideshareguy.com/lyft-new-driver-pay-structure/ANOTHER OVERALL CUT IN EARNINGS!
However there is a catch. Drivers must purchase their own commercial insurance policy. You can purchase through Nomad at a discount. Limited cities. Only available in Bloomington Indiana. Supposed to come to more college towns. Has any drivers tried this company?https://www-forbes-com.cdn.ampproject.org/v/s/www.forbes.com/sites/kenrickcai/2019/08/22/nomad-rides-commission-free-ride-hailing/amp/?amp_js_v=a2&_gsa=1#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fkenrickcai%2F2019%2F08%2F22%2Fnomad-rides-commission-free-ride-hailing%2F
Hi,We are Firefly Technologies Inc. company based out of San Francisco, CA . We are looking for rideshare drivers in Dallas, Forthworth Texas to become our partner. You can earn up too $200 extra for what you already do which is drive full time. We install digital advertiser displays on top of rideshare vehicles. Download the app from the App Store. Firefly Driver App by Firefly Systems Inc.https://apps.apple.com/us/app/firefly-driver-app/id1455519937
Any theories as to why Lyft would a driver helper app like this?Wouldn’t blocking a switching app that enables using multiple rideshare services hurt the No2 challenger like Lyft? If drivers had a choice, they’d obviously use Uber more drivers are driving for Uber first, then driving for both second and Lyft third.https://therideshareguy.com/lyft-blocks-mystro/
4.96 billion in losses to be announced by UBER next week on their earnings report, Amazon's worst quarter was 548 million loss, they're beating Amazon on one thing so far, largest losses in history.https://ride.guru/content/newsroom/will-uber-ever-be-profitable
My girlfriend told me this is absolutely true. I dismissed it as an urban legend, but then I heard from a driver the other day. Is there any basis on this rumor?...or is it really true? I know Uber historically has done some shady things.
Rideshare Drivers United started with a handful of members last year. They were successful in the 24 hour strike/protest in May of 2019. Visit their site to read the driver bill of rights.https://drivers-united.org/
Uber is offering $0.11 per on-trip mile (i.e. driving customers) as a settlement.Uber is offering a confidential settlement of 11 cents per on-trip mile to a large group of drivers who did not opt-out of arbitration against Uber as part of the famous O’Connor lawsuit.The drivers are suing Uber claiming they are actually employees of the company. The drivers base this argument on the fact that Uber exercises vast control over most aspects of driving for them. If you are part of the select group of drivers, you should have been contacted by now. As employees, these drivers ...
I understand you may have to pull over and vacuum your car but beyond that those dogs are trained well. Drivers other option is to carry a aheet or blanket and put it down on the seats. The only other issue I see is if your allergic to dogs but unfortunately its part of the job. You know when you sign up that there is the possibility of getting a passenger with a service animal. Stop being a jerk! Whatever you do dont complain the whole ride about the dog. How would you feel if you were treated this way ...
Wall Street isn’t happy.Uber lost more money this spring than it did in any previous quarter, revealing on Thursday a dramatic $5.2 billion deficit in the months before and after its disappointing initial public offering.Losses of that size in just a three-month period might ordinarily trigger yet another round of questioning about whether the ride-hailing company can ever build a profitable business, a concern that has dogged the company since it became a Silicon Valley darling. But the company said that almost $4 billion of that amount is due to stock-based compensation that the company had to pay ...
Gasp! ...but not a surprise. We knew this day would come. It was just about when.THE DAYS OF cheap ride-hailing may be ending. Uber and Lyft reported quarterly financial results this week and indicated that their cutthroat competition to woo riders with coupons and other gambits is easing.Lyft officials told investors they had raised prices on routes in some cities in June and touted the company’s upcoming pricing algorithms, which they hinted might be able to more precisely predict what riders might be willing to pay for a ride. Lyft said those pricing changes would boost revenue per ...
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