Uber Launches Peer-to-Peer Car Sharing in North America Marking Sustainability Efforts
Portfolio Pulse from Anusuya Lahiri
Uber Technologies announced plans to launch peer-to-peer car sharing in North America, starting with Toronto and Boston. The move is part of the company's sustainability efforts and aims to curb emissions. The service, called Uber Carshare, allows customers to rent vehicles by the hour or day using the app.
June 08, 2023 | 11:29 am
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Uber plans to launch peer-to-peer car sharing in North America, marking its sustainability efforts. The service, Uber Carshare, will be available in Toronto and Boston initially.
The launch of Uber Carshare in North America demonstrates the company's commitment to sustainability and emissions reduction. This move could attract environmentally conscious customers and potentially increase revenue, leading to a positive short-term impact on the stock price.
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