Uber and elevator passengers in the United States have become almost twice as expensive over the past few months, as ride-healing companies are finding it difficult to meet demand. More people and going back to their old routines after being fully vaccinated, which translates into higher demand for rides as passengers set their apps on fire to work or meet up with friends. It was actually Uber’s The largest total Total March this booking. Not all ride-hauling drivers are still interested in getting back on the road, however and as New York Times As a result, both Uber and Lift are rising in price, he says.
In the event that the supply exceeds the supply, ride-hailing services usually resort to price increases to entice more drivers in certain areas. Prices have been very common recently, though, and in some cases riders can pay even higher As an airplane. A recent analysis by Rakuten Intelligence found that the cost of a trip in April increased by 40 percent over the same period last year.
A few days ago, Uber CEO Dara Khasroshahi Dr. JPMorgan told a media conference that “high prices have risen” and that the supply of drivers could not keep up with demand in the United States. According to Uber’s latest Earnings report, There were 3.5 million active drivers and couriers in the first quarter of 2021, down 22 percent from a year earlier.
Although drivers have promised to spend 250 250 million on cash back bonuses and incentives in an effort to get back on the road, and it seems to have started working. A spokesman for Uber said The Times Over the past four weeks, more than 100,000 drivers have returned to the platform. As for the elevator, the company spent 100 100 million on driver incentives in the first quarter of the year. Uber said the number of trips has been declining with the price hike since returning to the top in March. Both companies have previously said they are optimistic the problem will continue into the second quarter of the year, so drivers will likely see higher prices on their apps in the coming months.
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