\u0027While prices are higher, people are finding our services more compelling. It certainly hasn’t hurt the business.\u0027
Levy corrected him saying he paid US$51.61 after his second attempt at hailing a ride, with the cost being an extra US$20 just five minutes prior.Sweden blames Beyoncé for fuelling inflation by driving hotel prices: 'Definitely not normal'
The executive attributed the high prices to inflation claiming “everything is more expensive.” He asserted that earnings per week for Uber drivers are up 40, 50 per cent over the past four years. Uber’s business has remained largely unscathed from elevated inflation rates as customers are still willing to pay a premium for the convenience of hailing a ride and getting food delivered to their door. Trips in the U.S. and Canada have recovered to pre-pandemic levels, while delivery frequency hit an all-time high, despite increased costs for food.
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