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How Uber turns around its $1.2bn loss by delivering things

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Chartered Institute of Logistics and Transport - Uber must get serious about delivering packages as well as people if it wants to make money, says global courier ParcelHero. The news that taxi App Uber has run up losses of over $1bn in the first half of 2016 comes as no surprise; says the international courier ParcelHero.com. The global taxi industry is scarcely large enough to warrant the investment in technology Uber has made developing its crowdsourcing App, says ParcelHero: and it must make good on its plans to extend its UberRUSH courier services to new markets urgently. ParcelHeros Head of Consumer Research, David Jinks MILT, s...

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