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Uber News From Around The World – ITF

Compiled by the International Transport Federation

www.itfglobal.org

Uber’s Food-Delivery Drivers in London Plan Strike on Pay
Drivers for Uber’s food-delivery service in London are threatening to strike this week if wages aren’t increased — a sign workers toiling for on-demand apps in the city are emboldened after a rival take-out service made concessions following a protest earlier this month.
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Uber Is Reportedly About to Pull Out of Macau
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NT taxi drivers protest Labor’s plans to legalise Uber in Territory
Northern Territory Labor’s promise to bring in ride-sharing service Uber is “un-Australian” and threatens small business, taxi drivers say.
About 50 drivers gathered outside Labor Opposition Leader Michael Gunner’s office in Darwin on Tuesday, saying that if Labor wins Saturday’s election it should commit to a level regulatory playing field.
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Uber allows advanced bookings for London passengers
Uber has launched an advanced booking service for passengers in London meaning journeys can be booked up to 30 days in advance.
Previously you could only order a car to arrive as soon as possible from the moment of booking it.
The new feature will only be available to business customers for the first two weeks before being rolled out to everyone else in London.
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Uber Technologies Inc bleeding money, said to have lost at least US$1.2 billion in first half of 2016
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Self-driving taxis hit the road in Singapore
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Uber and Lyft Promise to Play By the Rules (Sort Of)
In Massachusetts, New York, Portland, and beyond, ride-hailing companies have made some gestures of conciliation.
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Gig economy poses tough questions for US
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Uber Competitor In NYC Promises Drivers Benefits, Even Employee Status
Uber and Lyft are fighting, on the same side, to make sure their drivers remain independent contractors — not employees entitled to benefits. So far, no court has compelled these ride-hailing companies to change that. But out in the free market, they’re facing an unexpected battle: a new startup that’s prepared to offer drivers full employee status.
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Uber to be launched in Karachi on Thursday
Popular car ride-hailing service Uber Technologies Inc. will launch its uberGo service in Karachi on Thursday, DawnNews reports.
The launch would make the metropolis the second Pakistani city it has expanded operations to this year.
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Victoria legalises Uber but with a $2 fee
Uber will be legalised and existing taxi drivers compensated as Victoria creates a single registration system for cabs, hire cars and ride-sharing services.
Under the shake-up all commercial passenger vehicle operators will be hit with the equivalent of a $2 levy per trip from 2018.
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Uber’s New Self-Driving Volvos Are A Long Way From Being ‘Driverless’
Uber announced last week that it will bring a fleet of self-driving Volvo XC90 SUVs to Pittsburgh starting at the end of this month. This is part of a $300 million partnership, with the end goal being a replacement of Uber’s one million human drivers with robot ones. While the fleet is being lauded as “self-driving,” the cars aren’t fully there yet.
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Massachusetts becomes the first state to tax Uber and Lyft
Several states have been exploring ways to squeeze more money out of the rapidly growing ride-hailing industry, but Massachusetts appears to have just beaten them to the punch. According to Reuters, Republican Governor Charlie Baker signed into law a 20-cent tax per trip on Uber and Lyft rides, with some of the revenue collected going to the traditional taxi industry.
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Cab firms tell Uber to accept level playing field
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Uber Competitor In NYC Promises Drivers Benefits, Even Employee Status
Uber and Lyft are fighting, on the same side, to make sure their drivers remain independent contractors — not employees entitled to benefits. So far, no court has compelled these ride-hailing companies to change that. But out in the free market, they’re facing an unexpected battle: a new startup that’s prepared to offer drivers full employee status.
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All of Uber’s marbles bet on dumping drivers
Ride-hailing firm rolls out driver-less cars as judge rejects driver lawsuit settlement
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Uber and Lyft want to replace public buses
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Florida Uber Driver Arrested for Raping Three Women
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Taiwan slaps Uber with $6.3 million tax bill as it mulls kicking Uber out
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Uber plans to expand UberEats food delivery service to more UK cities
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Uber and Volvo to develop self-driving cars
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An Expert in Valuation Says Uber Is Only Worth $28 Billion, Not $62.5 Billion
It already has a valuation higher than 80 percent of the companies in the S&P 500, and a finance professor at New York University says Uber Technologies Inc. has no more room to run when it comes to market value.
According to Aswath Damodaran, a professor who specializes in equity valuation at NYU’s Stern School of Business, Uber is running up against the roadblock that has thwarted many upstart businesses: Profit.
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