Uber One getting rid of ride discounts could send me straight into the arms of Lyft
I feel like the offices of Lyft are just party city today., Uber is apparently dropping one of the benefits from its Uber One subscription service. Right now, users who are subscribed to the service get 5% off all of the rides that they take. It’s a tentpole feature of Uber One but, according to the report, that benefit is going away starting next week.
Since Uber launched Uber One in 2021 for $9.99 per month or $99.99 annually, discounts on rides have been a huge adoption driver. According to Uber’s full-year earnings report, Uber One memberships grew 100% in 2022 to roughly 12 million members. While Uber can increase its profit margins by switching to a cash back offer, it also faces the possibility of losing customers who are in it for the discounts.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thousands of delivery robots to join Uber Eats | Digital TrendsFollowing a successful pilot in LA, Uber and ServeRobotics have announced an additional 2,000 delivery robots for UberEats in locations across North America.
Read more »
Uber Eats Set to Deploy 2,000 More Delivery Robots Into the WildUber Eats is partnering with Serve Robotics to conduct the deliveries, which is an independent company that spun out from Uber in 2021.
Read more »
Uber's One subscription swaps ride discounts for cashback rewards | EngadgetUber is eliminating the five percent discount on its Uber One subscription service in favor of six percent cashback in the form of Uber Cash..
Read more »
Netflix Gave Us More Than One Piece of Info About One PieceGet ready to munch on some devil fruit.
Read more »
One small step for Zhang, one giant leap for Chinese men's gameChina has long been the sleeping giant of men's tennis but on Monday the giant stirred as Shanghai trailblazer Zhang Zhizhen advanced to the second round of the French Open.
Read more »
East Palestine Fire Chief discusses frustrations in one-on-one interview after toxic train derailmentFor the first time since a Norfolk Southern train derailed in East Palestine, the fire chief sat down with News 5 Investigators.
Read more »