Latest news with #BuzzAD
Yahoo
14-05-2025
- Automotive
- Yahoo
Uber Announces Affordability-Focused Commuter, Uber Eats Features
Uber Technologies announced several affordability-focused features at its annual Go-Get event on Wednesday. Commuters will get new ways to lock in prices for frequent routes and to purchase bulk rides, and Uber Eats will get a new "Savings Slider," the company announced. Uber also revealed details about its partnerships with reservation platform OpenTable and Volkswagen for its autonomous Technologies (UBER) announced a slate of new features focused on affordability at its annual Go-Get event on Wednesday, along with details for its partnerships with OpenTable and Volkswagen. The ridesharing giant showcased several features for commuters, which will be contained in a new in-app "Commute Hub" set to launch this summer. Uber also will soon offer price locks and bulk-ride purchases that the company says will save money for users who frequently take the same or similar rides, such as people who commute to and from work. Uber is also launching a feature called "Route Share," which will be available during weekday commute hours and allow users to walk a few minutes to meet at a common pickup point, take a ride with up to two others, and walk another short distance after being dropped off. Chief Product Officer Sachin Kansal said in the presentation that the feature could be some 50% cheaper than a typical Uber X ride on the same route. Uber Eats is also launching a "Savings Slider" feature this year in the U.S. and Canada, allowing users to choose comparison-shop on a specific grocery list and be presented with cheaper options than the products they have picked. The company announced details for a pair of previously announced partnerships during the event, including with Booking Holdings' (BKNG) OpenTable for a "Dine Out" feature. The service will show in-restaurant deals where the user is, and allow them to book a reservation in the Uber Eats app with OpenTable's reservation network. The other partnership is with Volkswagen, with Uber planning to offer shared rides in the German automaker's ID. Buzz AD autonomous electric vehicles starting in Los Angeles in early 2026. The companies announced the partnership last month, saying rides were expected to start next year. Uber shares were down nearly 2% in recent trading but are still up roughly 50% since the start of the year. Read the original article on Investopedia Sign in to access your portfolio
Axios
14-05-2025
- Automotive
- Axios
Uber leans into affordability with "price lock" and new features
Uber unveiled new features and ride options Wednesday — many driving home on affordability. Why it matters: Consumers are feeling deeply pessimistic about the economy, according to the Conference Board's most recent consumer confidence survey. "What we have heard very clearly from users is that there's a lot of unpredictability," Sachin Kansal, Uber chief product officer, told Axios. "There's a lot of concern about things just being expensive," Kansal said. "So affordability and the need for affordable products is something that has come through loud and clear." The big picture: The ride-hailing behemoth introduced the new and upcoming features, including a partnership with OpenTable and an update on autonomous driverless rides at its annual " Go-Get" event Wednesday in New York. Here's a rundown of some of Uber's announcements: Uber, VW to launch shared autonomous rides State of play: Uber said it is teaming up with Volkswagen to launch the first shared autonomous ride in Los Angeles in early 2026. Wendy Lee, Uber's director of autonomous mobility and delivery product, said it will add Volkswagen autonomous ID, Buzz AD electric vehicles to the platform. Testing begins later this year. "We believe that ultimately autonomous rides are going to make our streets safer," Uber CEO Dara Khosrowshahi said. "They're certainly going to eventually save you money, and they're going to be much, much better for the environment." Uber Route Share Zoom in: Uber calls Route Share its "most affordable ride option" and it's available along busy corridors during weekday commute hours in New York City, San Francisco, Chicago, Philadelphia, Dallas, Boston and Baltimore. More cities are expected in the future. Riders can select the Route Share option to see nearby routes with pickups every 20 minutes. Users will share the ride with up to two other passengers headed in the same direction and save "up to 50% compared to UberX." Uber ride passes with price lock Ride passes are designed to "help riders lock-in lower fares and keep costs predictable on trips they frequently take," Uber officials said. Riders pay $2.99 for the price lock pass to lock-in a price for 30 days or $50 of savings, whichever comes first. Price lock pass is now available for riders in Chicago, Dallas, Houston, Las Vegas, Miami, Nashville, Orlando, Phoenix, San Francisco, Washington DC. and is beginning to roll out across the country and Brazil. Uber's version of Prime Day: Uber One Member Days The intrigue: The first-ever Uber One Member Days will be May 16-23 and the company says there will be thousands of "epic deals, special promos, and big savings just for Uber One members."
New York Post
14-05-2025
- Automotive
- New York Post
Uber unveils bus-like feature for commuters, expands $3 monthly pass
Uber Technologies on Wednesday unveiled a range of new offerings such as shared fixed-route rides and expanded membership passes, targeting consumers seeking cost-effective ways to travel. The ride-sharing app has been looking to invest in more affordable transport and delivery offerings to widen its user base and combat slowing revenue growth in an uncertain economic environment. Uber's new 'Route Share' ride option will cost half as much as the company's UberX ride-hail service, by providing pickups every 20 minutes along busy commute corridors. Uber's new 'Route Share' ride option will cost half as much as the company's UberX ride-hail service, by providing pickups every 20 minutes along busy commute corridors. The Washington Post via Getty Im Initially available in cities such as New York, San Francisco and Chicago, Route Share will operate during weekday rush hours and Uber is considering partnering with employers to integrate pre-tax commuter benefits. The company is also expanding ride passes that help users lock-in lower fares and keep costs predictable. These ride passes will be available in major US cities such as Chicago, Dallas, and San Francisco, and will be expanded to teen accounts later this year. Uber unveiled Price Lock Pass for $2.99 in February and it was initially available in a few US markets. The feature will now be available across several cities in the United States and expand throughout the country and Brazil this year, the company said. The company is also expanding ride passes that help users lock-in lower fares and keep costs predictable. Christopher Sadowski The company had announced a partnership with Volkswagen to deploy a fleet of thousands of the German automaker's fully electric ID. Buzz AD vehicles as robotaxis next year. The vehicles will also be used for shared self-driving taxi rides. Uber is also scaling its tie-up with Waymo in Austin, aiming to increase the number of robotaxis to hundreds of vehicles in the coming months.
