Uber said its revenue surged in the first quarter of the year, underpinned by a recovery in its ride-hailing and delivery businesses. AP
Uber said its revenue surged in the first quarter of the year, underpinned by a recovery in its ride-hailing and delivery businesses. AP
Uber said its revenue surged in the first quarter of the year, underpinned by a recovery in its ride-hailing and delivery businesses. AP
Uber said its revenue surged in the first quarter of the year, underpinned by a recovery in its ride-hailing and delivery businesses. AP

Uber unveils new products to attract customers and improve profits


Alkesh Sharma
  • English
  • Arabic

Ride-hailing company Uber unveiled new products and services on Monday, in a bid to attract more customers and improve its bottom line.

New services include hotel and flight reservation, charter bus bookings, new electric vehicle options for customers and electric vehicle hub and charging map for drivers.

The National looks at the new services announced on Monday.

Uber travel

Uber travel service allows users to reserve rides for each leg of their itinerary. They need to connect their Gmail account while making the booking and Uber will help them to organise hotel, flight and restaurant reservations all in one place.

The users will also get 10 per cent back for each reserve ride. It is available from Monday in the US and in the coming weeks in Canada, the company said.

An Uber Eats bicyclist makes a delivery in Capitol Hill, Washington. Reuters
An Uber Eats bicyclist makes a delivery in Capitol Hill, Washington. Reuters

The California-based company is also making it easier to book a bus for group gathering through its new Uber charter service.

Through Uber charter, users can book a party bus, passenger van or a coach bus in the Uber app.

“No research, no stress, no surprises … we will show you pricing upfront. Uber charter is launching across the US this summer,” Dara Khosrowshahi, the company’s chief executive, said.

Uber comfort electric

The company's new comfort electric service will provide users a ride in a premium electric vehicle like a Tesla or Polestar on demand. This option is currently available in Dubai, Los Angeles, San Francisco and San Diego with more cities to come soon, the company said.

Last year, Uber announced a partnership with Hertz to make up to 50,000 Tesla vehicles available for drivers to rent by 2023. Bloomberg
Last year, Uber announced a partnership with Hertz to make up to 50,000 Tesla vehicles available for drivers to rent by 2023. Bloomberg

The company aims to become a zero-emissions mobility platform by 2040. Last year, it formed a partnership with Hertz to make up to 50,000 Tesla vehicles available for drivers to rent by 2023.

EV hub and charging map

The company has built an EV hub in the Uber app “where they [drivers] can get information and incentives to join the electric revolution, and even compare the cost of ownership of an EV with a non-EV”, the company said.

To make charging easier for drivers, Uber is also adding a charging map directly to the driver app to show them where the nearest EV chargers are located, the charging speeds and navigation to get there.

Voice ordering

Uber has integrated Google Assistant into Uber Eats to let users place orders through their voice.

“Just say OK Google, and ask your phone to order a meal from a restaurant on Uber Eats. Voice ordering will start rolling out globally in English this summer with more languages to come,” Mr Khosrowshahi said.

Autonomous delivery

Uber is launching two autonomous delivery programmes in Los Angeles with Serve Robotics, a robotic sidewalk delivery start-up, and Motional, an autonomous vehicle technology company.

“These pilots mark our continued work to bring safe, reliable and affordable autonomous technology to merchants and consumers everywhere,” Mr Khosrowshahi said.

Uber shares react on company's move

Uber's shares were trading almost 2.5 per cent down at $23.8 a share at 9pm UAE time on Monday. The company’s stocks are down almost 46 per cent since the start of the year.

Earlier this month, Uber said its revenue surged in the first quarter of the year, underpinned by a recovery in its ride-hailing and delivery businesses in the January to March period.

Dara Khosrowshahi, chief executive of Uber. Bloomberg
Dara Khosrowshahi, chief executive of Uber. Bloomberg

Its revenue in the three months to the end of March soared 136 per cent on an annualised basis to more than $6.9 billion, surpassing analysts’ estimate of $6.1bn. The company reported adjusted earnings of $168 million during the quarter, compared with a loss of $359m in the prior year period.

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What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

The BIO

Favourite piece of music: Verdi’s Requiem. It’s awe-inspiring.

Biggest inspiration: My father, as I grew up in a house where music was constantly played on a wind-up gramophone. I had amazing music teachers in primary and secondary school who inspired me to take my music further. They encouraged me to take up music as a profession and I follow in their footsteps, encouraging others to do the same.

Favourite book: Ian McEwan’s Atonement – the ending alone knocked me for six.

Favourite holiday destination: Italy - music and opera is so much part of the life there. I love it.

If you go

The flights

Fly direct to London from the UAE with Etihad, Emirates, British Airways or Virgin Atlantic from about Dh2,500 return including taxes. 

The hotel

Rooms at the convenient and art-conscious Andaz London Liverpool Street cost from £167 (Dh800) per night including taxes.

The tour

The Shoreditch Street Art Tour costs from £15 (Dh73) per person for approximately three hours. 

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Second Test

In Dubai

Pakistan 418-5 (declared)
New Zealand 90 and 131-2 (follow on)

Day 3: New Zealand trail by 197 runs with 8 wickets remaining

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

MATCH INFO

Final: England v South Africa, Saturday, 1pm

FIGHT CARD

Bantamweight Hamza Bougamza (MAR) v Jalal Al Daaja (JOR)

Catchweight 67kg Mohamed El Mesbahi (MAR) v Fouad Mesdari (ALG)

Lighweight Abdullah Mohammed Ali (UAE) v Abdelhak Amhidra (MAR)

Catchweight 73kg Mostafa Ibrahim Radi (PAL) v Yazid Chouchane (ALG)

Middleweight Yousri Belgaroui (TUN) v Badreddine Diani (MAR)

Catchweight 78kg Rashed Dawood (UAE) v Adnan Bushashy (ALG)

Middleweight Sallaheddine Dekhissi (MAR) v Abdel Emam (EGY)

Catchweight 65kg Rachid Hazoume (MAR) v Yanis Ghemmouri (ALG)

Lighweight Mohammed Yahya (UAE) v Azouz Anwar (EGY)

Catchweight 79kg Omar Hussein (PAL) v Souhil Tahiri (ALG)

Middleweight Tarek Suleiman (SYR) v Laid Zerhouni (ALG)

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Updated: May 17, 2022, 5:12 AM