Home » General World News » Uber just hinted it could be in serious trouble if it doesn’t conquer the market for electric bikes and scooters

Uber just hinted it could be in serious trouble if it doesn’t conquer the market for electric bikes and scooters





jump bike uber

  • Since February, Uber users have been able to book an electric bike through the app. Now the bikes are taking a big chunk out of Uber’s core car-ride business.
  • An Uber employee published early results of an analysis showing that it booked 10% fewer rides in cars and SUVs in San Francisco after the company got into bike-sharing.
  • The data suggests that Uber could be in serious trouble if the emerging scooter-sharing market also cuts into its car-hailing business.

Electric-scooter sharing startups are racing to become as dominant as Uber or Lyft in this wacky and well-funded transportation business that’s revolutionizing transit read more >>>

Source:: BusinessInsider.Com

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