ibusinesslines.com March 21, 2018

Uber Adds Option to Tip Drivers

20 June 2017, 10:10 | Jodi Jackson

Uber Adds Option to Tip Drivers

Uber Adds Option to Tip Drivers

Starting in Seattle, Minneapolis and Houston, then rolling out to all U.S. drivers by the end of July 2017, the tipping feature will be part of the Uber app. The San Francisco-based startup plans to add more cities over the new few weeks, and make tipping available to all USA drivers by the end of July.

Time will tell whether or not it persuades drivers to select Uber over its competitors.

Holt is among the senior brass at Uber running the company since CEO Travis Kalanick took a leave of absence.

Its new 180 Days of Change campaign aims to "make meaningful change" to the Uber driving experience by prioritising the driver's time and rewarding their efforts. The first set of changes had to do with driver earnings, and at the top of that list was the option for tipping.

That didn't satisfy Uber drivers, however, many of whom petitioned the company to add them. "Some changes will be big, some will be smallーall will be changes drivers have asked for", Uber said.

The company said it was adding only those three cities to "create the best tipping experience" for passengers and riders. Those who drive for the company will also get a cancellation fee if their rider cancels after two minutes (instead of five), get paid starting two minutes after arriving to pick up a passenger regardless of whether the passenger has entered the vehicle, and have the option to purchase driver protection injury insurance (among other things).

What's more, Uber's tenuous business model - analysts suspect current ride-hailing prices are being kept artificially low with subsidies - is hampered by having to pay the humans at the wheel.

"The reason Uber could be expensive is you're paying for the other dude in the vehicle", Kalanick said at a Code Conference in 2014.

Other News

Trending Now

Remembering the 49 lives lost at Pulse Nightclub
McBride noted that the Pulse attack occurred during the nightclub's "Latin Night" events. "I miss everything it stood for". Over the weekend, thousands of people also remembered those victims in the Equality March for Unity and Pride.

Tropical storm warning expanded along Gulf Coast
A local marine warning was in effect Sunday as a tropical wave in the northwestern Caribbean impacted the Cayman Islands. The next storm names on the 2017 list are Bret and Cindy, since Tropical Storm Arlene formed in the Atlantic in April.

Atwood Oceanics, Inc. (ATW) — Traders Focused Stock
The fund owned 68,617 shares of the offshore driller's stock after buying an additional 21,980 shares during the period. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups.

London tower fire: 58 people confirmed or presumed dead, says London Police
Meanwhile, British Prime Minister Theresa May admitted that support for families in the "initial hours" was " not good enough ". She also pledged 5 million pounds of support, housing guarantees and help with access to bank accounts and cash.

Energen Corporation (EGN) Position Held by Utah Retirement Systems
It improved, as 35 investors sold CubeSmart shares while 76 reduced holdings. 132 funds opened positions while 236 raised stakes. TheStreet upgraded shares of Energen Corporation from a "d+" rating to a "c-" rating in a research report on Thursday, May 4th.

Tanger Factory Outlet Centers (SKT) Earning Favorable News Coverage, AlphaOne Reports
The stock witnessed 0.59% gains, -20.74% declines and -25.07% declines for the 1-month, 3-month and 6-month period, respectively. Glen Harbor Capital Management LLC boosted its stake in shares of Tanger Factory Outlet Centers by 3.9% in the first quarter.

Sixers clear way to make Markelle Fultz the No. 1 pick
The Celtics brought in Jayson Tatum for a work out as the team tries to decide between Tatum and Kansas product Josh Jackson . The Celtics-76ers blockbuster trade involving the No. 1 overall pick in Thursday night's draft is now official.