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Uber Drivers to go on Strike Ahead of IPO

Uber filed its IPO process last month with the public filing of its prospectus. It would be listed on the New York Stock Exchange (NYSE) under the symbol “UBER”

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Uber, bengaluru
Photo shows an exterior view of the headquarters of Uber in San Francisco. (VOA)

Uber drivers are reportedly mulling to go on strike ahead of the ride-hailing giant’s initial public offering (IPO).

Drivers in cities, including Los Angeles, New York City and London, would join the strike and log off the apps from 7 a.m. to 9 a.m. ET on Wednesday, May 8.

“Wall Street investors are telling Uber and Lyft to cut down on driver income, stop incentives and go faster to Driverless Cars,” Bhairavi Desai, Executive Director of the New York Taxi Workers Alliance, was quoted as saying by the CNET late on Monday.

“With the IPO, Uber’s corporate owners are set to make billions, all while drivers are left in poverty and go bankrupt.”

Participants would also hold a rally at Uber’s and Lyft’s New York headquarters at 1 p.m. ET.

Uber app.

The New York drivers’ demands include greater job security, higher incomes and regulated fare for rides.

“Drivers are at the heart of our service — we can’t succeed without them — and thousands of people come into work at Uber every day focused on how to make their experience better, on and off the road,” an Uber representative was quoted as saying by CNET.

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Uber filed its IPO process last month with the public filing of its prospectus. It would be listed on the New York Stock Exchange (NYSE) under the symbol “UBER”.

The company noted that as of December 31, 2018, it had 91 million, or 9.1 crore, monthly active platform users. There were 3.9 million, or 39 lakh, drivers on the platform by the end of 2018. (IANS)

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Uber India Launches 2nd ‘Center of Excellence’ in Vizag

The Vizag facility will be Uber's 12th COE, globally

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Uber, bengaluru
Photo shows an exterior view of the headquarters of Uber in San Francisco. (VOA)

In a bid to offer rapid, reliable and world-class customer support to its customers, ride hailing major Uber on Monday launched Indias second “Center of Excellence” (COE) in Visakhapatnam which will create 500 jobs in the country.

Set up at a cost of $800,000, the new COE will provide specialised customer support for critical incidents that require immediate attention, by employing dedicated teams of solution-oriented, trusted experts to support millions of Uber customers in India, South Asia and APAC regions.

“With the launch of the second COE in India, we aim to reiterate our deep commitment to India by bringing safer and responsible mobility solutions to our riders. Through the new COE we plan to expand our global customer support footprint as well as aim to create new economic opportunities for the high talent in this country,” Wen-Szu Lin, Senior Director, Community Operations for Asia Pacific, Uber, said in a statement.

Uber app. Pixabay

The trained COE teams will respond to any urgent issue or incident that is reported to the company and will operate 24X7.

The global ride hailing giant launched its first India COE in Hyderabad in 2015.

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It has over 1,000 employees providing critical regional and global customer support services to the Uber community of riders, drivers, eaters, couriers and restaurant partners.

The Vizag facility will be Uber’s 12th COE, globally. (IANS)

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