Uber announces a slew of product changes and new features

Published Saturday, October 5, 2019
by Ayoub Aouad

At a company event on Thursday in San Francisco, ride-hailing giant Uber unveiled a wide range of changes that are coming to its products and services. The changes appear to be aimed at helping Uber overcome the immense scrutiny it's gotten, especially over the last quarter, as the viability of its business model continues to be questioned.

Uber's Quarterly Revenue Growth Has Stalled
Business Insider Intelligence

While Uber chalked up around $4.2 billion of its record $5.2 billion Q2 2019 losses to expenses surrounding its initial public offering, the remaining $1 billion was still a 14% increase from the $878 million it lost in Q2 2018.

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