Technology: Uber sues NYC over vehicle caps - PressFrom - US
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Technology Uber sues NYC over vehicle caps

01:40  22 september  2019
01:40  22 september  2019 Source:   engadget.com

Uber has more than 100 million users, but is still losing money

Uber has more than 100 million users, but is still losing money Uber might seem ubiquitous, but the ridesharing company is still growing, it reported in its quarterly earnings. In July, more than 100 million people took Ubers or used the company's services. That's the first time it hit that monthly milestone. Trips rose 35 percent in Q2 compared with the previous year, up to 1.67 billion. Revenue is up as well. At $3.17 billion, it rose 14 percent year-over-year, though it was lower than the expected figure of $3.36 billion and growth is slowed overall. UberEats certainly boosted the bottom line, as it helped bring in new customers. The number of people Uber delivered food to over the quarter rose by 140 percent from Q2 2018.

Uber isn't about to sit quietly while New York City extends its caps on ridesharing. The company has sued NYC in a bid to halt rules that both freeze the numbe Latest in Gear. Uber sues NYC over vehicle caps . 2m ago.

Uber is suing New York City over its temporary cap on new vehicle licenses for ridehailing companies to address traffic congestion. It claims the city plans on making the cap permanent.

Uber isn't about to sit quietly while New York City extends its caps on ridesharing. The company has sued NYC in a bid to halt rules that both freeze the number of new for-hire licenses and limit the amount of time drivers can spend cruising Manhattan looking for rides. It contended that the cruising rule, which will cap the roaming ratio to 31 percent of drive time by July 2020, would "threaten the viability" of ridesharing. The rates were determined using "flawed and arbitrary" models, Uber said.

a close up of a car

Mayor Bill de Blasio's office defended the measures, which were intended to reduce traffic and clear streets for buses, bikes and pedestrians. A spokesperson contended that the moves were both legal and provide "needed relief" to both NYC streets and existing drivers.

Uber and rivals like Lyft have acknowledged that their services can make traffic worse. However, they've typically wanted to alleviate the burden on their own terms, and that has typically meant avoiding caps. They're unlikely to simply accept the rules, and it's not clear that a compromise is on the horizon.

Reuters

Uber now lets you tell your driver if you're traveling with a pet .
The ride-hailing company's new feature, dubbed Uber Pet, lets riders give drivers a heads up when they're bringing along an animal."This new feature lets you communicate to a driver that you'll be bringing a furried (or even scaled!) friend onboard your Uber trip," Uber wrote in a blog post. "We built this feature to give riders peace of mind.

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