Tusk Ventures CEO Bradley Tusk provides insight into Uber.
Uber announced Tuesday that it is offering $ 24.99 per month memberships to users for discounted rides and Uber Eats orders.
| Ticker | Security | Last | Change | Change% |
|---|---|---|---|---|
| UBER | UBER TECHNOLOGIES INC. | 29.64 | +0.17 | + 0.56% |
The announcement comes as the coronavirus pandemic continues to limit the rideshare company’s services in ways both good and bad as people stay at home. Uber Eats revenue grew 113 percent to about $ 1.2 billion in the second quarter of 2020, while its ride service fell 73 percent in the same quarter.
UBER LAYS OFF 3,700 WORKERS IN CORONAVIRUS, CEO WAALT SALARIS
“Whether you’re a parent juggling hungry mouths at home, or a commuter going to the office, the world in which you use Uber has evolved in rapid and unusual ways. As part of our response, we have doubled to ensuring access to your daily needs remains boring as ever, “Uber wrote in a blog post.
The $ 24.99 per month membership called Uber Pass includes 10 percent off UberX, XL and Comfort rides; 15 percent discount on Uber Black, SUV and Premier rides; free shipping on Uber Eats orders over $ 15; 5 percent off Eats delivers more than $ 15 and free delivery on Uber Eats groceries orders over $ 40 where available.
GET FOX BUSINESS ON THE GO by clicking here
Memberships will be available to start in cities including Hartford, Conn .; New Haven, Conn .; Columbus, Ohio; Honolulu; Madison, Wis .; Milwaukee; Nashville, Tenn .; New York City; Portland, Ore .; Seattle; St. Louis and others, according to the blog post.
The company is also updating its app to include “options such as rides, food delivery, bikes / scooters, supermarkets (if available) and other ride options all in one place”, reads the blog post.
CLICK HERE TO READ MORE ABOUT FOXBUSINESS
