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How Uber is trying to create ‘stickiness’ for its app

by Adre's IT | 19 May, 2023 | Adre's IT Blog, Apps, mathematics, Transportation, Uber

Ride-hailing is back. But Uber’s looking to become more than a one-stop shop for booking rides. Growth — through products and expanded consumer groups — was the connecting thread at Uber’s Go-Get event this Wednesday in New York City, where the...

Uber puts family (even teens) at the center of its new products and features

by Adre's IT | 17 May, 2023 | Adre's IT Blog, Transportation, Uber, Work From Home

Family is at the center of Uber’s latest product offensive. Uber revealed Wednesday at its annual “Go-Get” event, a slew of new products and features aimed at attracting a new set of customers from teens as young as 13 and families who want to link...

Tepid investor reaction clouds Lyft’s new strategy

by Adre's IT | 6 May, 2023 | Adre's IT Blog, subsea cable, Transportation, Uber, uber earnings, venture capital Firms, VSCO

Shares of Lyft are off sharply this morning, falling nearly 20% in early trading. The company’s equity is selling off in the wake of the U.S. ride-hailing giant’s first quarter results and its comments regarding the current quarter, and how its new strategic...

Lyft shares tumble as investors react to dim outlook

by Adre's IT | 5 May, 2023 | Adre's IT Blog, capitalism, Opportunity, Transportation, Uber, VSCO

Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains.  Shares have since stabilized in after-hours trading, now...

Alexa’s new feature lets your Echo speaker announce your Uber Eats order updates

by Adre's IT | 5 May, 2023 | Adre's IT Blog, Amazon, consumer electronics, echo look, Just-Eat, m-commerce, Uber, Work From Home

Wondering where your Uber Eats order is? Alexa will soon be able to tell you. Amazon today announced a new partnership with Uber that will give Echo device owners the ability to track their Uber Eats orders via Amazon’s voice assistant. Starting later this...

Honey, I shrunk the revenue multiple

by Adre's IT | 24 April, 2023 | Adre's IT Blog, Expa, real estate agents, Reserve Bank of India, startup prices, Startups, Uber, Venture Capital, venture capital Firms, VSCO

With new leadership and a soon-to-be-thinned employee base, Lyft is going to look a heck of a lot different at the end of 2023 than it did at the start. After its co-founders said they’d relinquish their roles as CEO and president in March, the company last week...
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Established in 2015, Adre’s IT is a premier Malaysia web design IT solution company,specialized in helping businesses to achieve their success through Software Development, Web Design, eCommerce Solution, SEO, Branding and Online Marketing.

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