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-8.01603206412856E-05 -8.01603206412856E-05 -0.00334001336005344 -0.00189712758851049 -0.00587842351369421 -0.00387441549766207 -0.00146960587842351 0.00334001336005344
Stock impact report

Uber explores driver subscription model as ride prices rise 9.6% [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Uber ( NYSE:UBER ) could be signaling a deeper push into subscription-based models for drivers as competitive pressure builds across the ride-hailing market. A recent job posting indicates the company is seeking a New York-based product manager to design and execute new subscription packages for drivers and couriers. The role also involves building a global testing and expansion strategy while assessing how the model may evolve depending on how competitors respond. Warning! GuruFocus has detected 4 Warning Signs with LYFT. Is LYFT fairly valued? Test your thesis with our free DCF calculator. The move suggests Uber may be examining alternatives to its long-standing commission-based structure, where the company takes a percentage of each ride. Uber has already introduced a flat-fee system for drivers in India following the growth of local rival Rapido, which has been expanding rapidly in the market. In the US, the ride-hailing app Empowe Show less Read more
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