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FTC, 21 states sue Uber over ‘shady’ subscription billing
Yahoo Finance· 2025-12-17 18:33
Core Viewpoint - Uber, once marketed as a cheaper and more convenient alternative to traditional taxis, now faces significant regulatory challenges regarding its subscription service, Uber One, which has drawn scrutiny for alleged deceptive practices and violations of consumer protection laws [2][3][4]. Group 1: Regulatory Challenges - The Federal Trade Commission (FTC) filed a lawsuit against Uber in April, alleging violations related to the Uber One subscription service, which has now garnered support from 21 states and Washington, D.C. [2] - The lawsuit represents one of the most serious regulatory challenges Uber has faced in recent years, focusing on issues such as unauthorized enrollment and premature charges [3][4]. Group 2: Subscription Service Issues - Uber One is designed to enhance customer loyalty and increase recurring revenue by offering perks like reduced delivery fees and discounts [4]. - Allegations against Uber include enrolling users without proper consent, charging users before free trials ended, and complicating the cancellation process [3][6]. Group 3: Consumer Protection Concerns - Regulators argue that Uber's practices violate consumer protection laws aimed at ensuring transparency and choice in subscription billing [4]. - The complaint highlights issues such as misleading savings claims and a confusing cancellation process that requires navigating multiple screens or contacting customer support [5][6].
Jim Cramer Notes “Uber (UBER)’s Good”
Yahoo Finance· 2025-12-17 17:41
Core Viewpoint - Uber Technologies, Inc. is viewed positively by Jim Cramer, who believes the stock is no longer expensive and suggests a buying strategy at various price points [1][2]. Company Overview - Uber operates technology platforms that connect users for mobility, delivery, and freight services, including ridesharing, food and retail delivery, and digital freight logistics [2]. Financial Performance - Despite a strong quarterly performance, Wall Street's reaction was not as favorable, indicating a disconnect between the company's results and market perception [3]. Strategic Goals - Uber aims to grow its market share in both ride-sharing and delivery sectors, enhance customer engagement through cross-selling, and expand its Uber One Membership program while maintaining profitability [3].
优步被指控在Uber One会员服务中采用欺骗性做法
Xin Lang Cai Jing· 2025-12-17 15:26
Group 1 - Uber's stock fell by 1.5% on Wednesday morning [1][2] - The revised Federal Trade Commission (FTC) lawsuit includes 21 states and Washington D.C. [1][2] - The lawsuit accuses Uber of deceptive practices in its Uber One membership service, including charging during free trials and implementing complex cancellation processes [1][2]
Uber Technologies: Long-Term, Steady Compounder At A Bargain (Rating Upgrade) (UBER)
Seeking Alpha· 2025-12-17 15:02
It’s been almost a year since I first covered Uber Technologies, Inc. ( UBER ), and during the year, the company grew on me, which prompted me to give it another go. The company’s potential remains vast, with a lot of TAMMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to tim ...
Uber Japan and Rakuten Drive Up Rewards: Users to Earn More with Rakuten ID Integration
Retail News Asia· 2025-12-17 04:48
Core Insights - The strategic alliance between Rakuten and Uber aims to enhance user experience by integrating Rakuten ID into Uber's services, creating new value through Rakuten Points, a significant loyalty program in Japan [1][8]. Strategic Partnership and Loyalty Program Integration - Uber Japan and Uber Eats Japan will implement Rakuten Payment's shared point service, allowing users to earn one Rakuten Point for every 200 yen spent on these platforms [2]. - Users can combine Rakuten Point Online with Rakuten Pay to earn up to 2% back in Rakuten Points, increasing the benefits of using Uber's services amid rising living costs [3]. Subscription Benefits and Personalized Experience - By subscribing to Uber One for 498 yen monthly, users can earn Uber One Credits equivalent to 10% of the fare amount, enhancing savings [4]. - The partnership enables Uber to utilize Rakuten's extensive data assets for personalized recommendations and promotions [4]. Special Campaigns and Future Plans - A campaign titled "Earn up to 1,000 Points by Linking Your Rakuten ID with Uber" will run until December 22, 2025, incentivizing users to link their accounts and spend on Uber services [5]. - The first 500,000 users who link their Rakuten ID and spend at least 1,500 yen on Uber Eats will earn 300 Rakuten Points, with additional points available for Uber rides [6]. Additional Benefits for Specific Users - Rakuten Mobile subscribers linking their Rakuten ID will receive 20 times the standard Rakuten Points when using Uber or Uber Eats [7]. - Uber One members who link their Rakuten ID can purchase an annual plan at a 70% discount, further enhancing the value of the subscription [11].
Uber Subscription Battle Escalates as 21 States and DC Join FTC Lawsuit
CNET· 2025-12-16 18:26
The Federal Trade Commission has filed an amendment to its lawsuit against ridesharing company Uber, alleging deceptive business practices tied to the Uber One subscription service.The amendment adds 21 states and the District of Columbia to the complaint it filed in California District Court in April. In a press release about the amendment, the FTC said, "Uber charged consumers for its subscription without their consent, failed to deliver promised savings including $0 delivery fees, and made it difficult f ...
21 States Join FTC Lawsuit Targeting Uber's Subscription Billing and Cancellation Practices
PYMNTS.com· 2025-12-16 16:54
Uber said Tuesday (Dec. 16) that a Federal Trade Commission lawsuit that was joined Monday (Dec. 15) by 21 states and the District of Columbia is “misguided” and would “upend how virtually every modern subscription service operates.”By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited ...
Universal offers to sell Downtown's Curve to win EU approval, source says
Reuters· 2025-12-16 16:53
Universal Music Group has offered to sell royalty services platform Curve in an attempt to address EU competition concerns over its $775 million bid for Downtown Music, a person with direct knowledge ... ...
优步“Uber One”遭到美国联邦贸易委员会与21个州起诉
Xin Lang Cai Jing· 2025-12-16 15:50
优步(UBER)面临经修订的美国联邦贸易委员会(FTC)诉状,多个州加入指控其Uber One订阅服务 存在误导性注册、试用期结束前即扣费以及繁琐的取消流程,要求处以民事罚款并下达禁令救济。 责任编辑:张俊 SF065 优步(UBER)面临经修订的美国联邦贸易委员会(FTC)诉状,多个州加入指控其Uber One订阅服务 存在误导性注册、试用期结束前即扣费以及繁琐的取消流程,要求处以民事罚款并下达禁令救济。 责任编辑:张俊 SF065 ...
Uber Freight sees U.S.–Mexico trade driving freight rebound into 2026
Yahoo Finance· 2025-12-16 13:00
Nearshoring, Mexico investment and tightening truck capacity could reshape North American freight flows next year. Uber Freight’s latest market outlook points to a U.S. freight market that is quietly stabilizing and setting up for tighter conditions in 2026, with cross-border trade with Mexico emerging as one of the most important structural drivers. Uber Freight is a part of San Francisco-based Uber Technologies Inc. (NYSE: UBER), which operates three platforms: Uber (ride-hailing), Uber Eats (food and ...