💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Uber launches new app for drivers

Published 04/10/2018, 01:02 PM
Updated 04/10/2018, 01:10 PM
© Reuters. FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei

(Reuters) - Uber Technologies Inc [UBER.UL] on Tuesday unveiled a new app for its drivers that includes a real-time earnings tracker, the latest effort by the ride-hailing service to improve an often contentious relationship.

The move follows Uber's '180 days of change' program that was launched last June to make changes requested by drivers, such as tipping and compensation for the time spent waiting for passengers.

"While 180 Days was about correcting missteps of the past, we also needed to think longer term, and the obvious place to start was the Driver app," Chief Executive Officer Dara Khosrowshahi said in a statement.

The new app will also introduce a new status bar to help drivers decide their next location based on a spike in requests, along with a notification feature that allows drivers to see messages about upcoming earnings opportunities and feedback from riders among other things.

The rollout follows a Beta version developed with the drivers, Uber said.

Uber last year outlined a series of improvements for drivers, including a new navigation system and fairer approach to review performance, in response to years of complaints by drivers about their pay and treatment.

Uber drivers are independent contractors, not employees, and lack paid sick leave and vacation, and must pay for car maintenance and other costs.

© Reuters. FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei

The company, which is preparing for a potential initial public offering in 2019, lost $4.5 billion last year and is facing fierce competition at home in the United States and across Asia, as well as a regulatory crackdown in Europe.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.