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Thread: UBER rides down 70%. Looking to deliver meds etc

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    Cotton1's Avatar Senior Member
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    UBER rides down 70%. Looking to deliver meds etc

    https://techcrunch-com.cdn.ampprojec...irus-update%2F


    Uber — the on-demand transportation and food delivery behemoth — has been hit hard by the novel coronavirus pandemic. CEO Dara Khosrowshahi said today in a call with investors that ride volume has gone down by as much as 60%-70% in recent days in the hardest-hit cities

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    "The worst form of inequality is to try and make things equal"....Aristotle

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    patrickt's Avatar Senior Member
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    Quote Originally Posted by Cotton1 View Post
    https://techcrunch-com.cdn.ampprojec...irus-update%2F


    Uber — the on-demand transportation and food delivery behemoth — has been hit hard by the novel coronavirus pandemic. CEO Dara Khosrowshahi said today in a call with investors that ride volume has gone down by as much as 60%-70% in recent days in the hardest-hit cities

    More at link
    Duh! Restaurant are closed, theaters are closed, bars are closed, malls are closed, shops are closed, libraries are closed, and in some places you'll be arrested for visiting friends or going for a ride. So, Uber, Lyft, and Yellow Cabs are all down.

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    Quote Originally Posted by patrickt View Post
    Duh! Restaurant are closed, theaters are closed, bars are closed, malls are closed, shops are closed, libraries are closed, and in some places you'll be arrested for visiting friends or going for a ride. So, Uber, Lyft, and Yellow Cabs are all down.
    True. Nobody is surprised by the revenue loss. What interests me is the downturn has spurred both UBER and Lyft to diversify in order to tap new revenue
    "The worst form of inequality is to try and make things equal"....Aristotle

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