Is Uberpool cancelled?

Uber Pool was a program originally launched in 2014. Uber and Lyft canceled pool rides during the pandemic, fearing that having too many people in a car would spread COVID. Uber has reactivated the program, but they rebranded it with a new name, UberX Share, and made a few changes to benefit the passenger.



As of 2026, the specific brand name "Uber Pool" has been officially retired and replaced by a revamped service called UberX Share. Following the global pause of shared rides during the pandemic, Uber relaunched the concept with improved efficiency and a more transparent pricing model. UberX Share allows a single passenger to save up to 20% on their fare by sharing their ride with one or two other co-riders headed in the same direction. Unlike the old "Pool" system, UberX Share is designed to add no more than an average of 8 minutes to your total trip time. The app uses advanced algorithms to match riders in real-time, often requiring a very short walk to a nearby corner for pickup to keep the route as direct as possible. While you can no longer find "Uber Pool" in the app menu, the "Share" option provides the same budget-friendly benefit. It remains a popular choice for daily commuters and solo travelers who are looking to reduce their carbon footprint and travel costs while navigating busy metropolitan areas.

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Uber suspended its shared-ride option, Uber Pool, at the outset of the COVID-19 pandemic and has remained unavailable ever since. Now, the company is introducing a rebranded service called UberX Share that will once again allow you to split the cost of your trip with another rider.

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UberPool was a good tool for growing trips, not profits. That began a steady chipping away at UberPool's discounts. Subsidies had largely been pulled, and prices went up. In the months before UberPool was shut down in early 2020, Uber had managed to make it break even as a service, one current employee said.

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Is Uber Pool no longer available? Correct, Uber Pool is now UberX Share where you'll save up to 20% if you're matched with a co-rider along your way.

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The company has been subsidizing rides to attract more customers and gain market share, which has resulted in a significant loss of revenue. Furthermore, Uber's business model is based on the concept of the gig economy, where drivers are independent contractors rather than employees.

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While many of these companies have raised lots of cash from venture capitalists, they are burning though it at an alarming rate. Uber made a loss of US$8.8 billion in 2022.

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Despite the record profit, Uber's $9.2 billion in revenue came short of consensus estimates, while its 14% year-over-year revenue growth was its weakest since Q1 2021. Even after its roughly 100% surge over the past year, Uber stock is still down roughly 20% from its early 2021 peak.

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According to the IRS, taking into account things like time, depreciation, maintenance, and gas, it costs approximately $0.58 per mile. That means on average - Uber and Lyft drivers profit margin hovers around $0.09 per mile. They don't factor in the extras, like my driving to the person.

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Riders can request an Uber Pool trip for just themselves, or opt to bring a friend. There is a limit of two riders per request.

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The Express POOL launch brings a change to the current Uber POOL model that's designed to make for more direct routing, with easier pickups for drivers and fewer annoying deviations from the route for riders thanks to two key actions Uber is asking riders to help out with: Walking and waiting.

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Its brand reputation score hit a low of -23.4 in 2018 following its worst year of controversies. And yet, Uber keeps coming out unscathed. Brand consideration has been on an upward trajectory going from a score of 4.9 in 2016 to 18.6 in 2022, according to YouGov data.

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Uber posted a profit of $394 million during the second quarter, compared with a loss of $2.60 billion a year earlier. That came in better than the $18 million loss that analysts polled by FactSet had expected and was driven predominantly by its operating profit, which totaled $326 million.

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Finally, a profit In Q2 2023, Uber's revenue totaled $9.23 billion, up 14% from $8.1 billion a year earlier. As we mentioned above, Uber finally turned an operating profit, reporting $326 million in Q2 compared to an operating loss of $713 million a year earlier.

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At the time, Uber was not just one of the world's fastest-growing companies - it was one of the most controversial, dogged by court cases, allegations of sexual harassment, and data breach scandals. Eventually shareholders had enough, and Travis Kalanick was forced out in 2017.

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Uber is owned majorly by a group of institutional investors like Morgan Stanley, The Vanguard Group, and FMR. Individual investors, especially employees of the companies — like the CEO and the COO — own a significant part of the company. The current CEO of Uber company is Dara Khosrowshahi.

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You can tip your driver once your trip is complete. Tips are neither expected nor required. After a trip has ended, you have 30 days to add a tip in the app, on riders.uber.com, and from your emailed trip receipt. When can I tip my delivery partner?

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How much should you tip Uber drivers? Similar to tipping for other services, like getting a massage or going to the nail salon, the rule of thumb is to tip 20%, says Sokolosky. So if your ride costs $30—an average cost for a moderate trip in most cities—then you'll tip $6, for a total of $36.

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