Uber’s revenue in the first quarter of this year was lower than the same period last year. The fact that tens of thousands of drivers in the United Kingdom have been given more rights plays a major role in this.
The UK Supreme Court ruled in February that Uber taxi drivers are not self-employed. As a result, Uber drivers in the UK were entitled to minimum wage and paid leave, among other things. It is estimated that about 70 000 drivers are involved.
As a result of this ruling, the company will be working for months to settle claims from drivers who have driven for the taxi platform. For this, Uber has set aside 450 million GBP. With $ 2.9 billion, total sales were 11 percent lower than the same period last year.
The coronavirus crisis also led to a 38 percent decrease in taxiway revenues. On the other hand, meal delivery revenue increased by 166 compared to the same period last year. As more and more people have been vaccinated and the lockdown in the UK has ended, Uber expects to make more taxi rides in the coming months.