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Technology Uber loses another executive: The VP of bikes and scooters

00:30  15 january  2020
00:30  15 january  2020 Source:   cnet.com

Lyft pulls scooters from 6 cities, says it'll move toward 'bigger opportunities'

  Lyft pulls scooters from 6 cities, says it'll move toward 'bigger opportunities' The ride-hailing company also lays off 20 employees from its bike and scooter team.Six markets in total will be losing Lyft's scooters, as first reported by TechCrunch, including Nashville, Tennessee; San Antonio; Atlanta; Dallas; Columbus, Ohio; and the Phoenix area.

Rachel Holt, Uber 's vice president of new mobility, talks about integrating bikes and scooters into the app during a company launch event in September 2019. Another of Uber 's longtime executives is leaving the company. Rachel Holt, who'd been with Uber for nearly nine years, said Tuesday that

Uber has added e- bikes to its app in some US cities and spent about another 0m to buy the bike -sharing firm Jump earlier this year. It has also invested in the electric scooter firm Lime. Khosrowshahi said investment would continue despite heavy losses at Uber , which lost .5bn in 2017.

Another of Uber's longtime executives is leaving the company. Rachel Holt, who'd been with Uber for nearly nine years, said Tuesday that she's moving on to launch a venture capital firm. Her most recent position at Uber was vice president of the division that oversees bikes, scooters and public transit partnerships.

a person riding on the back of a bicycle: Rachel Holt, Uber's vice president of new mobility, talks about integrating bikes and scooters into the app during a company launch event in September 2019. Philip Pacheco/Getty Images© Provided by CNET Rachel Holt, Uber's vice president of new mobility, talks about integrating bikes and scooters into the app during a company launch event in September 2019. Philip Pacheco/Getty Images

"Making a change like this is never easy. Uber has been my home for a long time and an incredibly formative experience for me," Holt tweeted on Tuesday. "I'll always remember where I was the first moment it dawned on me we might really be onto something big, when I overheard strangers talking about Uber, showing each other this cool new app they had found."

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  Lyft scooters leaving Atlanta, five other cities in U.S. Lyft is eliminating its scooter operation in Atlanta, nearly a year after the devices were deployed in the city, a spokesperson confirmed Friday in an emailed statement to The Atlanta Journal-Constitution. © Provided by CMG Corporate Services, LLCThe electric scooters will leave the city Nov. 22. The company launched in Atlanta Dec. 21, just two days after rival Uber began its own scooter service in the city. "We're grateful to our scooter riders in Atlanta as well as our partners in Atlanta city government," read the statement. "We look forward to continuing to provide riders with other modes of reliable transportation.

Uber 's chief executive says the company is planning to shift its emphasis away from cars and more towards electric bikes and scooters . In an interview with the Financial Times, Dara Khosrowshahi said that the company is forecasting that city-dwellers will make more frequent and shorter journeys in the

Yet another Uber executive is leaving. Prabir Adarkar, the company's head of global finance, is headed for the CFO's office at DoorDash. His move to food delivery startup is the latest in a long string of high-profile departures from Uber . Adarkar joined Uber in 2015 to head up forecasting and financial

When Holt joined Uber in 2011, she came on as a general manager to launch the ride-hailing service in Washington, DC, which was the sixth city for the company. She went on to become general manager of the East Coast and then all of the US and Canada. In July 2018, she was appointed vice president of new mobility.

During her tenure at Uber, Holt has been present for the fast-paced rise of the startup and the last several months as it's struggled as a public company. Since its May debut on Wall Street, Uber's share price has slumped, four board members have stepped down and it's seen an exodus of executives. Uber has also laid off about 5% of its staff in three rounds of cuts.

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Core 77 Recipient of the 2018 Design Award for Transportation. Nick & Jacob share the effort that goes into creating a high design yet highly accessible

Find out how to use Uber , like what to do before, during, and after your trip. You can also learn how to use app features, like adding a stop or a tip. Uber trips can only be requested through the app, so never get in a car where the vehicle or driver identity doesn't match what’s displayed in your app.

Holt was a vocal advocate for Uber during a tumultuous 2017, when the company was dealing with mounting scandals and eventually the forced departure of its founder and former CEO Travis Kalanick. In March of that year, after Kalanick was caught on a dashcam berating an Uber driver, Holt publicly addressed the incident and promised the company would do better by its drivers.

Rachel Holt riding on the back of a bicycle: Rachel Holt, Uber's vice president of new mobility, talks about integrating bikes and scooters into the app during a company launch event in September 2019. © PHILIP PACHECO/AFP via Getty Images

Rachel Holt, Uber's vice president of new mobility, talks about integrating bikes and scooters into the app during a company launch event in September 2019.

"We've underinvested in the driver experience and relationships with many drivers are frayed," Holt said. "We have listened and we've heard that the major pain points from drivers are earnings, stress, support and communications. We are committed to making progress on core driver issues this year."

As head of new mobility, Holt has overseen the expansion of Uber's transit modes outside of traditional ride-hailing. She's helped lead the expansion of the company's Jump pedal-assist bikes and its investment in Lime scooters. She's additionally been responsible for ramping up Uber's own electric scooter program, which also goes under the moniker Jump.

The venture capital firm Holt is launching is called Construct Capital and will be based in Washington, DC. Though she's leaving Uber, she'll stay on as a company advisor.

"Moments like these are bittersweet," Uber CEO Dara Khosrowshahi said in an emailed statement. "While we will all miss Rachel's talent, expertise and passion for Uber, I'm really proud she is taking everything she's learned here to help identify, build and scale the next generation of startups."

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