Uber announces an hourly booking feature that lets people book trips for up to seven hours at a time, for $50 an hour
for an hour PYMNTS.com : Uber Debuts $50 Hourly Ride Option In Select US Cities Brittany A. Roston / SlashGear : Uber rolls out new Hourly ride order feature in some US cities Maria Deutscher / Silico...
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%
and Wall Street is thrilled Tweets: @cnbc : “We're probably a couple years away from really being in the clear here.” Here's what 3 experts had to say about Uber's first-ever quarterly earnings report...
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017
So Are Losses Walter Frick / HBR.org : The Strategy Question at the Center of Lyft's IPO Axios : Lyft files first for IPO in litmus test for the industry Harper Neidig / The Hill : Lyft files to go pu...
Uber Eats says it's switching from flat $5 delivery fees to variable fees based on distance, usually between $2 and $8; the new pricing is rolling out today
Dara Kerr / CNET :
Apple confirms $1B investment in SoftBank's $100B technology-focused Vision Fund; SoftBank is investing $25B, and Saudi Arabia's government is investing $45B
Thursday, January 5 Christian de Looper / Digital Trends : Apple is investing a whopping $1 billion in the SoftBank Vision Fund for emerging tech Data Center Knowledge : Watts to Bits: Your Daily Data...