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The story behind the story

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Uber plans to raise prices across the UK, including by 5% on average in London, to attract drivers; Uber says it added 10,000 drivers after improving benefits

Ivan Levingston / Bloomberg :

Bloomberg Ivan Levingston

Discussion

  • @carnage4life Dare Obasanjo on x
    The ride sharing business dilemma continues to be true • Low prices • Well paid drivers • A profitable platform Pick two. https://www.bloomberg.com/...
  • @fkronawitter1 Florian Kronawitter on x
    Uber raises London prices by 5% to attract more drivers Notice both BA as well as UBER raises involved union negotiations https://www.bloomberg.com/...
  • @jbursz Jessica Bursztynsky on x
    Uber is raising its prices across the UK, which will lead to an avg 5% hike in London fares, to help attract new drivers. The company says it wants to sign up 8,000 drivers to meet growing demand for rides as consumers return to their prepandemic routines https://www.uber.com/...