Uber Technologies Inc. (NYSE: UBER) Rolls Out New Hourly Rate Option in Continuation of Pandemic, Social Unrest Measures

June 3, 2020 11:20:20
  • Uber Technologies has used its open-access model for facilitating transit to revolutionize how the world’s citizens move around, operating its ride-sharing solutions in 67 countries
  • The company recently introduced a pricing alternative that allows riders to pay for multiple stops at a single, hourly rate in select metropolitan cities beginning June 2
  • The hourly rate replaces a model in which riders had to select new service after arriving at each destination, complicating the plans of those customers who needed to complete essential errands
  • The new option is a timely response to the disruption of public transportation by forces including the deadly coronavirus pandemic, as well as the upheaval during rioting and social unrest in response to recent events within the United States

Pioneering transportation facilitator Uber Technologies Inc. (NYSE: UBER) is developing a new errand-running option for riders that shows the company’s responsiveness to customer needs at a time when numerous market disruption forces are challenging businesses’ efforts to keep operations in motion.

Uber’s announcement that it will allow riders to select a single $50 per hour rate with multiple stops in select cities…

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For more information, visit the company’s website at www.Uber.com

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