July 25, 2017

Uber crosses the 5 billion trip milestone amid ongoing issues



Rider reading newspaper in the back of an uber
Image Courtesy of UBER

Uber riders have taken 5 billion trips using the service the company announced today, more than doubling the two billion milestone it hit back in 2016. The 5 billion mark was actually crossed in May. 156 trips began at 7:29:06 AM GMT on May 20, Uber says, putting the ride hailing service over the edge.

That’s a lot of trips for Uber, which is likely celebrating the traction under a cloud at the moment, given the fact that its CEO has just resigned, the results of an independent investigation into its culture found a lot of problem, and it’s dealing with a mounting pile of legal troubles . It’s hard to tell thus far how much that’s impacting Uber’s actual business, however; the company has been touting growth among ridership in 2017, though recent third-party stats including app downloads suggest rivals like Lyft are starting to gain on Uber’s market lead.

Uber’s 5 billionth trip isn’t just cause for the beleaguered company to enjoy some good news for once; the company is also rewarding all 156 of the drivers that provided the rides while it crossed the 5 billion mark with a $500 bonus. Riders – just look back at your […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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