'Uber Working On TaskRabbit-Like Service In Potential Expansion; Code Indicates Company Is Exploring New 'Chore' Service; Uber Is Looking For New Ways To Grow Beyond Rides, Deliveries' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies Inc. is reportedly developing a new service, codenamed 'Chore', similar to TaskRabbit, which will allow users to hire people for various tasks. The service was discovered in hidden code strings within Uber's iPhone app. This move represents an expansion beyond Uber's traditional ride-hailing and delivery services.
September 08, 2023 | 8:39 pm
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Uber is expanding its service offerings with a new TaskRabbit-like service, potentially increasing its revenue streams and user base.
The introduction of a new service could potentially increase Uber's revenue streams and attract a wider user base. However, the success of this new service will depend on its execution and market acceptance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100