ADADThe ride-hail industry is experiencing “a tale of 10,000 cities,” Uber chief executive Dara Khosrowshahi said during a call with analysts last week. Markets such as Hong Kong and New Zealand, which were hailed as early success stories in fighting the pandemic, exceeded their pre-pandemic ridership. Uber did not provide city-by-city breakdowns of the ongoing impact or recovery during its financial earnings report last Thursday. And some of that is reflected in ridership with Uber and Lyft. In Uber’s May update, as the company noted weeks of steady growth after the initial pandemic restrictions, reopenings in Georgia and Texas were key sources of optimism.

Source: Washington Post August 10, 2020 14:37 UTC