Uber financial services leader Peter Hazlehurst has stepped down from his position as the rideshare company has put its plan to start a digital wallet on hold, Bloomberg reported. The company is instead focused more on ridesharing and food delivery instead of the planned financial...
It’s been a long journey for Uber toward its initial public offering — and a big journey for payments, too. The ridesharing company (which has moved beyond ridesharing, notably into food delivery) arguably made mainstream the concept of truly frictionless payments when it comes to daily...
Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Biologists wanted to better understand how to keep the human body’s ecosystems from being devastated by disease, so humans could live longer,...
Sizzle of the Week: Uber’s Ecosystem Ambitions Payments have always been central to the Uber customer’s experience. The magic of a better-than-a-taxi-ride ending and simply stepping out while the payment resolved quietly by itself on the backend was foremost a central appeal for Uber, particularly when...
August 01, 2023
Uber’s cross-platform activity continued to gain ground as members engaged more often with the company’s continuum of services. And members of the company’s premium paid programs, management said on the conference call Tuesday (Aug. 1), are driving a significant percentage of bookings — and could represent more than 50% of bookings in the years ahead. […]
September 05, 2018
The transportation company that innovated payments by delivering the Uber experience is at it again — this time, by making it easier and more rewarding for its users to pay...
June 25, 2020
Uber financial services leader Peter Hazlehurst has stepped down from his position as the rideshare company has put its plan to start a digital wallet on hold, Bloomberg reported. The company is instead focused more on ridesharing and food delivery instead of the planned financial expansions. In an email, Uber CEO Dara Khosrowshahi said the […]
April 10, 2019
It’s been a long journey for Uber toward its initial public offering — and a big journey for payments, too. The ridesharing company (which has moved beyond ridesharing, notably into food...
